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Maritime Super - Allocated Pension

Past 5-year return
New fund
Admin fee
$78
Calculated Fees on 50k
$918
Member services and education program available designed to help members make informed retirement decisions.
Added benefits through associated providers, such as home loans and other banking products.
Interactive online member site allowing members to switch and update personal details.
Maritime Super was established in 2009 from the merger between the Seafarers' Retirement Fund (SRF) and Stevedoring Employees Retirement Fund (SERF). A minimum initial investment of $30,000 is required to join the fund�۪s Pension Division. Members have access to 9 diversified and single-sector investment strategies, including a Growth option with active volatility management, as well as a Fixed Term investment option. The fund's Balanced option has underperformed the SuperRatings Index over the short and long term.Fees for this product are higher than the industry average across all assessed account balances. However, fees are not charged for investment switches or withdrawals and the asset administration fee is capped for account balances over $500,000.A reasonable level of pension flexibility and choice are provided, enabling members to select from 4 pension payment frequencies, ranging from monthly to annually. Members can nominate a fixed percentage drawdown order for pension payments or have their pension drawn proportionately across their investment options. A Working Income Support Pension (WISP) is also available to members transitioning to retirement.Maritime Super runs regular seminars in Sydney and at major ports around Australia. Members have access to free phone based advice and comprehensive financial planning services on a fee-for-service basis. Online calculators and personalised video statements can also be accessed through the fund�۪s new website and enhanced member online portal.

Fees & fund features

Admin fee
Admin fee
$78
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.44%
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
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.44%
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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