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QSuper - Income Account

Past 5-year return
10.90%
Admin fee
$0
Calculated Fees on 50k
$545
Reversionary pensions allowed.
Access to an award winning member contact centre.
Access to subsidised financial planning.
Access to over 550 free educational seminars.
QSuper is the super fund for current and former Queensland Government and related entity employees, as well as their spouses, with membership now also open to the general public. The QSuper Income Account opened in 1995, with a minimum initial investment of $30,000 required to commence membership. QSuper Income Account was a finalist for the 2018 Pension of the Year award.QSuper has a menu of 8 investment options on offer, as well as, QSuper Self Invest, which provides access to Direct Shares listed on the S&P/ASX 300, a range of Exchange Traded Funds (ETFs) and Term Deposits. While the Balanced option underperformed the SuperRatings Index over the year to 30 June 2017, outperformance over the longer term remains evident. QSuper's fee structure is competitive, with fees lower than the industry average across all account balances assessed. Administration fees paid in excess of $1,000 are refunded to the member in July of the following financial year. Members are able to switch investment options and make withdrawals at no cost. QSuper offers a high level of flexibility, with members having a choice of 5 payment frequencies and payment dates being set by the fund. 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 binding nominations, as well as reversionary pensions, including child nominations.QSuper has a genuine service focus and very strong education programmes. Other benefits include online access to account details, information and calculators, as well as free seminars and subsidised financial planning services. Furthermore, QSuper's Money Map makes it easy for members to navigate their finances, by bringing everything together into a single online dashboard.

Fees & fund features

Admin fee
Admin fee
$0
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
0.71%
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
$0
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
0.71%
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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