Verve Super
- vervesuper.com.au
- ✓ Verified company
238 reviews · Statistics
Reviews
Perfect superfund for sustainability and ethical investment
I joined Verve earlier this year as I was looking for a superfund which aligned with my ethos about climate and not investing in harmful industries. As a self employed woman who is concerned about climate change and sustainability I found Verve to be a perfect fit for me as it's run by women for women
Ethical and profitable
I joined this fund because it's ethical ans have been pleasantly surprised by the returns. My balance keeps going up and up, far more than any other fund I've ever had. I wish I'd joined earlier, the best of both worlds.
Excellent Service
Every time I contact Verve Super for anything I may need I get 10 out of 10 service. Except once and it was resolved well.
A Super Fund I trust
Verve Super has some of what I believe to be the best environmental and socially aware values I’ve seen supported and followed by a fund. I know that Verve’s investments align with my values, being run for and by women, and as a community built business, their focuses go towards things that closer support people rather than massive corporations. I know that Verve’s environmental policies and investments also mean that my money isn’t going towards mass fossil fuels and other un-sustainable resources. Being with Verve means I know what my money is going towards, it’s a company I trust.
Find out how Verve Super compares to other Retail Superannuation Funds
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It's not just a super fund-It's ethical for our future
It's what my investment is sown into ethically, that's why I choose this super fund
Ethical and they provide access to great free advice
I'm finding Verve a very useful fund. I chose it about 2 years ago purely because of its ethical investments but have since had a meeting with a fantastic financial advisor who put me in touch with a wonderful mortgage broker, I've done a money course and have started using their investments app. I highly recommend
Essential for modern women!
Women in the financial sector a heavily under represented and we are still bearing the cost of time of work for having children which effects superannuation. I think super inequality is a huge issue that is only getting worse. This fund ensures we continue to close the gap.
Ethical investing plus gender equality is an unbeatable combo for me
While the 'by women, for women' tag of Verve is important to me, if I was not able to choose to invest ethically then I still wouldn't be able to choose Verve. The fact that it has both means I can happily recommend it to anyone.
Definitely recommend!
I like the businesses that Verve Super invests in. They are transparent. They also provide helpful information and resources. The For women, By women concept is awesome.
Find out how Verve Super compares to other Retail Superannuation Funds
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Verve Super is a Feel Good super fund!
I love verve super! I love what the company stands for and how’s it invests in ethical investments and is all woman supporting and helping other woman with their super. I’ve also found it helpful for money saving tips and money management. I tell all my friends that I’m with verve super proudly and recommend it highly to everyone looking for a better super fund"
Love Verve!
"Always reply to my queries with understanding and provide a timely response."
Ethical investment with a fund that puts women first
Superannuation is so important for women and I want someone to care about where my money goes. I love that my money is being ethically invested by a team of women who understand the impact of superannuation gender inequality.
Verve Super offers excellent investment with great communication and other services.
Find out how Verve Super compares to other Retail Superannuation Funds
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Love my super!
Verve made switching easy, they’re communicative but not overbearing. Love them!
Putting my money where my mouth is
Focusing on improving the financial lives of women is integral to helping women gain true equality and autonomy.
I'm extremely happy with the customer service and the educational tools Verve Super provide.
Verve Super Will Always Be My #1 Fund
I don't want my superannuation to invest in things that I don't align with, which is one of the reasons that I'm happy to be a Verve Super customer.
Also, I love the idea of having super that is owned and operated by women, for women. The rates and fees of Verve, while slightly higher than my industry fund, are incredibly reasonable when I've already seen higher performance with Verve than I did with my previous fund.
Questions & Answers
Hi,
Verve has been recently pointed out for having high fees in many reviews of the super industry in Australia.
Are you doing any thing about this( ie- lowering fees)to keep your current members or to make verve more attractive to future members?
Hi, I am 72 and have been managing my own SMSF for the last 23 years but am now considering winding up and rolling over into an Industry or Retail Fund to simplify things moving forward. I am no longer working, so there are no longer contributions to the fund, and I only have Australian shares and a couple of ETFs in my Fund. Am I eligible to rollover my SMSF to Verve ?
Hi Mon,
Thanks for getting in touch and for your interest in Verve!
Whilst we can’t offer advice that takes into account your personal financial objectives and needs, here’s some information about Verve Super that you might like to consider as you make your decision —
* Verve offers a single, Balanced investment option
Super is an investment and therefore carries some level of risk. Verve Super offers a balanced investment option, which means our members’ money is invested approximately 67.5% in growth assets and 32.5% in defensive assets. A balanced investment strategy is generally suitable for members comfortable with accepting short term market/performance volatility in order to achieve higher long-term returns. The recommended minimum investment time frame is 4-6 years.
When thinking about joining Verve Super, it is important to consider if this investment option is suitable for your investment timeframe, risk tolerance, and where other parts of your wealth are invested. This is particularly important if you’re at or reaching retirement age, as your investment timeframe may be shorter by comparison.
* Verve doesn’t offer a pension product
Just to let you know, Verve does not currently offer an income stream or pension product. A pension product allows you to specify an amount, and how often you’d like to receive it (i.e. weekly, monthly), that can be released from your super account and paid into your bank account.
At this time, we don’t offer that type of product - which may be something to consider, depending on your future retirement plans.
* Transferring an SMSF
If you decide that you’d like to open a Verve Super account and transfer your balance from an SMSF, you can organise this transfer to your Verve account via SuperStream. This ensures that the transfer is done quickly and in a way that is compliant with current regulations.
There is information about transferring your SMSF via SuperStream on the ATO website listed below and the ATO also has a useful checklist for transferring from an SMSF:
- https://www.ato.gov.au/Super/Self-managed-super-funds/Contributions-and-rollovers/SuperStream-Rollovers-v3-guide-for-self-managed-super-funds/
- https://www.ato.gov.au/Super/Self-managed-super-funds/In-detail/SMSF-resources/SMSF-checklists/#RolloverofmemberbenefitsoutofyourSMSF
* More information
I’d suggest taking a look at the information in our Product Disclosure Statement. For more detailed information refer to our Target Market Determination (TMD), Additional Information Booklet and Financial Services Guide. You can find these documents on our website:
- https://vervesuper.com.au/forms-documents/
You may also wish to consider getting financial advice for your personal situation.
If you have any further questions, you can also contact us at hello@vervesuper.com.au
Kindly,
Alison
Team Verve
Please tell me the rates of return for your "balanced super fund" for these periods : 1 year , 5 years and 20 years. Also can you give me your fees and any associated costs with switching from another fund to verve super.
Hi jaybeecee,
Thanks for getting in touch and for your interest in Verve! You can find current information about fees and returns here on our website: https://vervesuper.com.au/fees-and-returns/
Please also refer to the Product Disclosure Statement (PDS), Target Market Determination (TMD), Additional Information Booklet and related documents, which can be found here on our website: https://vervesuper.com.au/forms-documents/
For more information, please contact our team directly via email at hello@vervesuper.com.au or by calling 1300 799 482.
Kindly,
Alison
Thanks for that Alison , I will read the information and the follow up if satisfied with the result.
regards John
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