Worst fund ever to deal. It took me 2 years to changed my name back to my maiden name after they kept telling me I had to supply different documents and kept making it so hard. Now I'm trying to le... Toon meer
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I lost over $500 in 2 days after transferring my whole super balance from REST to AustralianSuper. I really regret moving and wish I had stayed with REST. This company are obviously terrible when it c... Toon meer
*** WARNING please read **** If I could give them a company Negative 100 stars I would. Australian Super is partnered with TAL Insurance they are described as evil, disgusting and fraudulent throu... Toon meer
After doing some work for AustralianSuper's chosen call centre and seeing the way customers are treated behind the scenes, I made the decision to switch Super providers. The trust is gone.
Bedrijfsgegevens
- Niet-bancaire financiële diensten
- Alternatieve financiële diensten
- Financieel adviseur
- Beleggingsadvies
Informatie afkomstig van verschillende externe bronnen
AustralianSuper is run only to benefit members, offering low fees and strong long-term investment returns. Join online today.
Contactgegevens
Melbourne, Australië
- australiansuper.com
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Staff are useless.
Staff are useless.
Recent software update has locked me out of all accounts. Staff are useless & cannot reactivate on line accounts.
Absolutely Pathetic
The reason their fees are "low" is because the people who work there have no idea what they're doing. Requested a payment to my SMSF and after 4 months of negligence on their part the "manager" finally told me, there's no body here who is trained to use the ATO system for processing payments. Spent over an hour everyday on the phone with them, the promised 11 call back from managers after they had "escalated the issue" I received 0. They kept making different excuses which contradicted their previous excused and were all completely untrue. Avoid like the plague. Thanks for taking 4 months to process a task which should have taken 5 minutes, appreciate the $30,000 loss in value.
Warning read all reviews, you will not invest AS
Warning, Read every review, (a max 1.4 star) and you will not go anywhere near Aus Super, I lost $15k due to their lack of service
Check Google reviews also
This company has no empathy to anyone of their customers. Read other reviews how people cannot even feed their pets or lost their houses due to AS
A shameful rip off investment company located somewhere in Australia most likely the Ivory Coast
Very poor and slow process for opening pension account
I've been with Australian Super for years and not had any trouble. Now I'm trying to set up my pension fund with them and I've had nothing but problems. Their instructions are very misleading - it says you can open the account and save it ready for the funds to go in for up to 30 days, but that's incorrect - it opens immediately and if you're waiting on consolidating funds, you have to close it again because you can't "save" it as they claimed. Once you do complete the application, it takes 2 to 3 WEEKS to transfer the funds across! Bad luck if you're waiting to start to access your income stream! And it takes hours to get through on their help line.
Warning to all Australians who think about using Australian super
This company can improve by not having absolute in-house incompetence for a start look after people Australians that put trust into there company to hold our hard earned money etc. Super which I now have no trust in and would not recommend any Australian to trust or have anything to do with them and general customer care and common courtesy what a joke it has been worst experience ever I give them a no star rating and a warning to all Australians that are members to use another company as I have just been devastated and lied to and am now in Severe Finnancial hardship because of Australian super
Company is dysfunctional
Company is dysfunctional. Takes for ever to talk to anyone and when you do they haven't a clue. They have created an online platform and state they get back to you in two business days. What is the use of that when needing to dump shares on a downward spiral. Used to be good company now one of the worst. There should be an enquiry into this useless lot whom I once trusted with my finances.
I thought my retirement was in good…
I thought my retirement was in good hands, I was wrong. Australian Super dropped the ball when it counted the most. Repeatedly needed to send the same document via their webmail, this was left unchecked and caused problems which have resulted in me being left with $7 to put fuel in my car, pay bills and feed myself and pets. Thanks Australian Super, you obviously don't bloody care.
If it were possible to give no stars
If it were possible to give no stars, I would. What a useless gutterswamp of an organisation. The worst customer service I have ever encountered in my life. I called last week after the ATO fast tracked my application due to the time constraints and urgency my doctors holiday had placed me in, in getting my paperwork processed before URGENT life saving surgery. I called Wednesday of last week and was told worst case scenario they are processed in three days. I called Thursday and Friday and it still wasn’t done. So I waited the weekend and called back on Monday. Four full business days later I called back. It still wasn’t processed. I explained I urgently needed it within three days and now it may be too late to access the funding which needed to be paid by Friday. Would you believe I was told to wait a further 24 hours and when I refused and asked to speak to a supervisor I was told they don’t take phone calls. So basically a non existent customer service team. I will be changing superannuation organisation’s after this. Absolutely appalling. My husband and parents will too. I just hope you are well aware you just lost over a million dollars of funds you manage. A very expensive phone call not to take I guess. Oh tanya is the managers name apparently. I was told I wasn’t allowed to know their last name.. but she was working today the 31/10/22.
There is this magical thing called a telephone that will help you to talk to your customers who need help. On the phone for over an hour with no help whatsoever and refusal to escalate to a senior member of staff. Pathetic.
Pathetic company
Pathetic company, read all the poor reviews 1.2 rating is enough to know AS rips their clients. They ripped me 6 months ago and many emails later no response from Jess no surname, most likely fictitous staff
Lost over $14k in 2 months due to them not releasing my funds within 5 dsys as they proclaim. Next withdrawl took 5 days after I complained the first time, so why do they not pay back my $14k due to their negligence, why do they no have the balls to reply to my many emails?
Scam on shore so called Australian company ripping off hard working Aussies and they have no empathy to the elderly that lost their homes
Shame, shame shame Aust Super
Discusting
Trying to rollAbsolute nightmare to rollover out - Poor customer service and administration
Trying to rollover funds out to SMSF since months and still not happening. Terrible customer service, very slow and incompetent. Has no communication and customer care does not know how long it takes, does not know what is happening. Its a nightmare.
They're ignoring a court order too…
They're ignoring a court order too release my mates money !!!
My mate has been trying to get his super out fir 4 weeks now who has rsached preservation age and australian super keep stalling the payments blaming our federal police who are also liars and corrupt as hell !!!! My mate has been ordered by the courts too have this released and they dont care !!!! My mate paul sherry has been trying fir months to get it out as i'm one if the peooke he owes money too and i recommended australian super too him !!
I won't recommend these useless incompetant jerks ever again !!!
I'm even looking at chanhing companies so this unprossiinal company can burn in hell.
Release his money and stop stalling the process !!
If there was a minus score Australian…
If there was a minus score Australian Super would certainly deserve to get it!
On the sudden death of a family member, the handling of the account has and continues to be nothing short of disgraceful with the effort to not pay out the super as the obvious strategy.
Failing to return phone calls in a timely considerate time frame
Failing to know their own product
Falling to reply to emails in a timely considerate time frame
Contradicting their own rules
No full disclosure of definitions
Disgusting lack of empathy
A formal complaint to the Finacial Ombudsman is what is needed.
Better still people to know not to be a member of this company
Horrific customer service experience
Awful service and if you ever tried calling their number to speak to a human you have to go through multiple layers of options. If you are lucky and do get through finally yu may have a person who can't articulate clearly and that's fine English may not be the first language but they are not familair with their own product/processes. They tells you to wait while presumably they find out more and then they cut off your line to get out of it and do not even return your call! Disappointing customer service and no help at all. You get more frustrated and livid with the poor service and cannot get anyone to explain why they sent me a letter my deduction is not allowed when I met all rules, conditions and they keep changing but to have AusSuper aggravating your concerns and then not helping adds to your stress. It's bad enough superannuation has so many If I can give a minus to them on my expereince I would and suggest others go to other industry funds instead. AusSuper wasn't like this before and the board/management should do something about it. How far they have fallen from an organisation that I previously was happy with and recommended.
Absolutely atrocious.
Absolutely atrocious.
As I've hit 65 I requested a change from the accumulative phase to the retirement phase aka the Choice account. Went through the process supplied the online identification. A few days later received an email saying the request could not be actioned and that I needed to supply a selfie holding the id (driver's licence) but in the same email that I needed to supply a certified copy of the id.
At that time the account had been closed. The support provided by the call centre was just a waste of time.
I decided that it was time to get out. So I submitted the form, fully completed, for a full withdrawal. After 6 working days I call the call centre providing the reference number asking for the status and was told that it was upstairs being processed and would be done within 3 days.
Those 3 days, plus a weekend expired and nothing.
I installed their App on my phone and used the faster messaging on the app. Some 4 hours later an operative contacts me. Goes through identifying me and then has the temerity to ask what what the issue was.
The operative then says that the funds have been transferred. I said, they have not and asked for when the funds were transferred. The operative gave me the date when the funds were transferred into the Choice account.
The operative then said was it $x. I said no that was the regular payment not the full withdrawal that was $xxxxxxxxxx not $x.
I then said that the reference number for the request was AS202208????????.
The operative said, without checking anything or contacting anyone that it would be done in by the weekend.
Obviously the operative did not know and it was abundantly clear that, all they do is fob you off.
As it is obviously a matter that needs to addressed by regulatory bodies, then I also raised a compliant. No response at all.
I've raised the matter with the AFCA.
---- Additional---
Not an ideal solution, to getting some of your Money, but what I have done is increased my income-stream payments up to the maximum which I have found to be $13500 and increased them to fortnightly. So over time, irrespective of them not providing the product that has been paid for, the funds will be depleted.
Additionally I continue to submit withdrawal requests (additional as it is a just a few steps and automated, at least to the issuance of a proof of yet another instruction not followed and thus a contravention of Australian Consumer Law and a major fault with the product(sic)).
Lucrf transferred to Australian Super
Lucrf transferred to Australian Super
Had 2 accounts now have 3 accounts
Mismanaged the transition still waiting on what accounts are accurate
Poor transparency on the whole process.
Misinformation provided on calls and emails looking for new super asap
Very poor customer service attitude
Very poor customer service attitude. Lack desire to fix issues or understand members views.Happy for you to lodge complaint with AFCA rather than just be open minded to fix problems & take constructive action where it is obvious/ proven that their process/service is flawed.They are happy to charge you for the appropriate service but not happy to provide it.
A good performance record over the years, low fees, but some concerns about negative reviews.
I changed over to Australian Super from another super fund because of their good performance over many years and also their low fees, so far I have had few reasons to contact them but on those occasions, I have found their staff to be friendly and helpful.
It's disappointing to hear that some people have had negative experiences with Australian Super, I don't want to make light of any real customer service issues that some may have experienced, but maybe sometimes it is just because of a perceived lack of concern in communication and frustration, which is understandable after waiting some time on the phone when long waiting times happen, in any event, there's no excuse for poor customer service.
After reading all the negative reviews here I'm starting to feel a little concerned as to whether changing funds was such a good idea, but I will be keeping a close check on how my super account is progressing and will update my review if and when necessary, I could not give a 5-star rating because of this. Also, keep in mind this is not a good time for any investments because of Covid and the Ukraine war in 2022.
Just read a review about Australian Super and changes to fee structure so fees will be based on your super balance and not a percentage of return on investment, that does seem like a benefit to Australian Super but not for their clients, this may be a case of putting profits for the company before the interests of their customers, so I have downgraded my review from 4 stars to 3 stars rating.
Zero care by customer support
Super fund operates quite well, the app is easy to use - just hope to god you don't have to deal with their so called customer support staff with any enquiries. I have not come across this level of zero care in a long while.
I wish I had of seen all the reviews on…
I wish I had of seen all the reviews on the internet before I joined AustralianSuper because it’s the same story with everyone by the looks of things.
Delay after delay in paying sort of income protection default or extra.
You can provide all the medical proof on the world and it won’t get any better.
6 months on and still no decision on income protection ha ha absolute joke guys. Stay away if you can
Very poor customer service is consider to 'meet standard' ???
I agree with the other reviewers about bad customer service. I have been with AustralianSuper for a very long time. Over the years I have had a number of occasions to complain about the very rude and unhelpful customer service consultants I spoke with on the phone. The last complaint a few weeks ago sent to the complaint and resolution section only got me an email response that the complaint had been reviewed and the customer service provided was found to meet standard. If this type of unprofessional behaviour is standard, then it really is time to switch to another fund. Lots of other funds in Australia, no need to put up with such poor customer service.
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