Praemium
3 reviews
Not happy! – My Super money was treated as if it was all a game of Monopoly. Constant buying and selling of shares, sometimes only at intervals of a day or two incurring brokerage fees, as well as sometimes selling at a loss. I took all of my Super out and am watching a Personal investment closely. I couldn't recommend investing in Praemium after my experience.
Held my money – Following financial advise, I opted tochange super funds. Despite my funds disappearing from my Praemium account on the day of my application, they held my funds for a week, and no doubt invested them, before forwarding on to to my new fund. Not happy.
Watch the fine print – Failed to pass on a dividend belonging to me when I rolled out. Up to $50 of your money can be retained because it is deemed too small to pay to you. Poor support and high handed attitude, watch the fine print.
Extra Information
ProductReview.com.au has affiliate partnerships. These do not influence our content moderation policies in any way, though ProductReview.com.au may earn commissions for products/services purchased via affiliate links.