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Prime Super Allocated Income Stream

Past 5-year return
12.84%
Admin fee
$68
Calculated Fees on 50k
$703
No information was provided by the fund to SuperRatings, hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS
Prime Super is a not-for-profit industry super fund dedicated to servicing the retirement needs of rural and regional Australia. Prime Super Allocated Income Stream opened in 2006. Prime Super Allocated Income Stream provides members with access to five Single Sector and four Diversified strategies. The Balanced option has outperformed the SuperRatings Index over the short term and long term. Fees associated with this product are higher than the industry average on small account balances assessed, but become more competitive across medium and large account balances with the percentage based administration fee capped for balances in excess of $100,000. Furthermore, no fees apply for withdrawals and investment switches. Members can access financial planning service on a fee-for-service basis.Prime Super Allocated Income Stream offers a reasonable level of pension flexibility. Members have the option to receive their pension payments in a variety of frequencies, ranging from twice-monthly to annually. Members can also nominate a fixed percentage drawdown order for pension payments or pro-rata across investments. A minimum initial investment of $10,000 is required to commence an Allocated Income Stream. A Transition to Retirement account is also available.Prime Super's refreshed website is easy to navigate, featuring useful tools for members and employers, as well as comprehensive educational information relating to retirement. Members can also track and manage their account via MemberOnline at any time. Prime Super has ongoing support for Lifeline and is the sponsor for Awards Australian and Australian Rural Leadership Foundation.

Fees & fund features

Admin fee
Admin fee
$68
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
0.77%
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
$68
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
0.77%
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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