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Club Super - Income Stream

Past 5-year return
11.56%
Admin fee
$156
Calculated Fees on 50k
$726
Choice of 8 investment options consisting of single sector and diversified strategies.
Subsidised financial planning services available.
Lump sum withdrawals available.
Option for fortnightly, monthly, quarterly, six-monthly or annual payments.
No establishment or performance based fees.
Transition to retirement pension available.
Club Super was established in 1989 and is an industry fund designed specifically for employees of sporting and recreational clubs and associated industries. The Club Super Account Based Pension opened in 2004, with a minimum initial investment of $10,000 required to commence membership. Club Super provides members with a choice of 8 investment options, consisting of 3 Diversified and 5 Single Sector options. The Balanced option has underperformed the SuperRatings Index over the short and long term.Fees are closely in-line with the industry average across all account balances assessed. No fees are charged for switching investments; however, an exit fee applies when deducting a lump sum payment. Club Super provides good flexibility, with members having the ability to receive payments fortnightly through to annually. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions. Death Only insurance cover is also available to Club Super Pension members, up to a maximum of $5 million.Club Super offers YourSuperFuture, a free online super advice tool enabling members to obtain single issue financial advice, with financial planning services also available to members with payments based on a fee-for-service model. Furthermore, the fund's Member Online allows members to view and updated account details.

Fees & fund features-0

Admin fee
Admin fee
$156
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
0.79%
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
$156
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
0.79%
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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