- 4 reviews
- 5 likes
2020-2021 CBUS return for 'Growth Investment' is amazing!
I've been with CBUS since 2012.
Over the last 10 years I didn't pay much attention to where the money was invested until a year ago, when I changed to the Growth option, whoa I'm glad I did, I have a nearly 20% return in the last 12 months, 30 times the previous financial year.
- Customer Service
- Insurance Options
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Hardship and tpd claim
I was with them for 20years and granted it took a few months to get into see the specialist but as soon as all the necessary reports and paperwork wss recieved i hsd the hardship payment in my bank 3 days later and 2 weeks for a decision from the insurance provider and they said 10 to 15 days until i get the tpd payout. I could not be hsppier with their service
- Transparency
- Customer Service
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- 3 reviews
Great Industry Fund
I have been with Cbus 20+ years.
Performance has been very good with great products to choose from.
6 monthly reports or access via on line or app. Actually, all the industry funds are the go.
Cheers Rob.
- 374 reviews
- 36 likes
Good
Overall i chose CBUS as it was the only form my payroll admin had on her desk, the fees are minimal and also they are very good at customer service.
i had a range of choices for investment including higher return- higher risk and lower return- lower risk. Very basic and easy to manage. customer service has been very friendly on both occasions i have rung. Fees are also minimal
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Questions & Answers
How is it possible that the real estate market boomed in 20/21, construction boomed and prices increased for everybody yet CBUS gave a negative return and still charged fees.
Shouldn't you take a loss too in yr fees ?
I have no idea Dominic, However on their own website they are saying..
"We are pleased to advise that Cbus has delivered an outstanding result of 19.34% for our Growth (Cbus MySuper) option."...
Read more This is great news and shows how important it is to remain invested for the long term, which is also reflected in our 5, 10 and 15-year returns. However this showed as a loss on my super??
How long does it take for the financial hardships fund to be released
Took about a month for me. Had to confirm I.D. three times because my account name was slightly different. If all is good should take about a week.(if you're having trouble with certified I.d. go into CBUS office they can witness it directly)
how long to receive hardship super
Forever. With no explanation as to why they havent sent the money. However they closed my accounts and restricted me to any access or info. Call them 5 times a day and no info can be given. Worst worst ever.
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