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MTAA Super Pension

Past 5-year return
11.55%
Admin fee
$83
Calculated Fees on 50k
$488
Low fees.
Regular enewsletters for discerning investors.
Online pension facility.
Access to fee for service financial planning.
5 payment frequencies.
Transition to Retirement Pension available.
Significant member education functions.
Access to comprehensive banking through ME Bank.
MTAA Super was established in 1989 for the retail motor trades and allied industries, with membership also open to the general public. MTAA opened their Pension service in 2006 and minimum initial investment of $10,000 is required to commence membership.MTAA Super provides members with a choice of 8 investment options, consisting of 4 Pre-Mixed and 4 Single Sector options. The Balanced option has outperformed the SuperRatings Index over the short and medium term, although underperformance over the longer term remains evident. Fees are lower than the industry average across all account balances assessed, with a maximum Administration Fee of $533 pa charged. No fees are charged for switching investments; however, an exit fee applies to full and partial transfers or rollovers.MTAA Super Pension 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, or order in which, payments are to be drawn from each option. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions. Comprehensive member services are offered by MTAA Super, including online access to account information and transactions, online calculators, free member seminars, phone based limited personal advice service and financial planning advice.

Fees & fund features

Admin fee
Admin fee
$83
Exit fee
Exit fee
$96
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.66%
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
$83
Exit fee
Exit fee
$96
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.66%
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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