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AustralianSuper Choice Income Account

Past 5-year return
12.72%
Admin fee
$78
Calculated Fees on 50k
$508
Strong investment returns and low fees
Flexible investment choice - 12 options including the Member Direct
Award winning communication and investor education
Free retirement seminars and webcasts
Full online account access at any time via PensionOnline
Flexible pension payment options
Access to home loans, banking products, health insurance, non-super investment products and commission-free financial advice
Established in 2006, AustralianSuper is a public offer multi-industry superannuation fund that manages over $110 billion in assets. AustralianSuper Choice Income Account was established in 2008 and was nominated for the 2018 Pension of the Year Award for the fifth consecutive year.AustralianSuper Choice Income Account members have access to a range of Diversified and Single Sector investment strategies, which includes a Socially Aware option. Furthermore, access to Term Deposits, ETFs and ASX300 shares is provided via the Member Direct option, however, additional costs may be incurred. The Balanced option has delivered consistently strong performance over the short and long term, providing members with top-quartile returns. Fees for the Balanced option are lower than the industry average across all assessed account balances. No switching fees are charged and the Asset Administration fee is capped at $750 p.a. However, exit fees are applicable. Members receive an excellent level of pension features and flexibility, with the ability to select their pension payments in a variety of frequencies, ranging from fortnightly to annually. Automatic annual increases for pension payments are also available by either a nominated percentage or by CPI. Free retirement seminars are held Australia-wide and members have access to a range of educational aids such as commission free financial planning, online calculators and live webcasts.

Fees & fund features

Admin fee
Admin fee
$78
Exit fee
Exit fee
$35
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.75%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$78
Exit fee
Exit fee
$35
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.75%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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