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AustSafe Super Account Based Pension

Past 5-year return
12.00%
Admin fee
$195
Calculated Fees on 50k
$840
Free retirement planning and information seminars.
Field staff licensed to provide limited personal advice.
Access to financial planning through partnership organisation Industry Fund Services.
Free yearly pension 'Health Check' with financial planners.
Members can nominate to drawdown from their Cash option.
AustSafe Super is a MySuper compliant product that was established in 1988. Founded upon serving members from regional communities, the fund is now public offer and available to members across all industries. The Balanced options is the fund's default strategy and has outperformed the SuperRatings Index over the five years to 30 June 2017. Members who wish to make an investment choice can select from four diversified and five single sector options.Fees for AustSafe Super Account Based Pension are higher than the industry average across all assessed account balances. The administration fees will be capped at a maximum of $870 for balances $500,000 or greater. There are no switching fees or buy-sell spreads; however, exit fees will apply for full and partial withdrawals.The fund provides reasonable product flexibility with members being able to select from fortnightly through to annual pension payment frequencies and the ability to select which options are drawn down to facilitate pension payments. A minimum initial investment of $50,000 is required to commence a pension account.AustSafe Super regularly conducts free seminars and offer members discounted banking products through ME bank. The fund offers financial planning services to members as well as a wide range education materials through Money Tree.

Fees & fund features

Admin fee
Admin fee
$195
Exit fee
Exit fee
$55
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.69%
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
$195
Exit fee
Exit fee
$55
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.69%
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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