What the Researchers Say:

A "good value for money" superannuation fund that is strong in nearly all assessment areas but with average features and/or performance in one or more of our assessment criteria.

You should contact your financial adviser or this fund before making an investment decision.

  • Gold
Fund data valid as of March 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $490 $708 -$218
250k $2,450 $3,049 -$599
500k $4,900 $5,778 -$878

Investment Allocation

Intl shares 27.0%
Aus shares 22.0%
Property 11.5%
Alternative 19.5%
Fixed interest 14.0%
Cash 3.0%
Other 3.0%

Fees & Charges

Membership Fee $0
Asset Admin Fee 0.40%
Investment Fee 0.58%
Switching Fee $30
Exit Fee $60
Account Size Discount Yes
Employer Size Discount N/A

Fund Features

Financial Planning Service
Health Insurance
Home Loans
Credit Cards
Binding Nominations
Non-lapsing Binding Nominations
Insurance Life Event Increases
Anti-detriment Payments
Long Term Income Protection

About this Fund

Membership 102,300
Total Assets $3,349,633,472
Year Started 2007
Target Market
Offered to Public?
Fund Type Industry-Allocated Pension

Fund Highlights - provided by Tasplan Pension

Tasmania's largest industry fund
Managed by Tasmanians in Tasmania
Competitive fee structure
Discounts on health insurance premiums through St.Lukes Health
Full time local representatives available to support businesses and members
Simple option to transfer from Tasplan to Tasplan Pension
Free financial planning advice on superannuation issues on a Tasplan account
Either Account Based or Transition to retirement pensions offered

Fund Rating Snapshot

  • Legend:
  • Excellent
  • Good
  • Average
  • Below Average
  • N/A

Rating Categories Clockwise from top

Performance is based on the past 5 years for their core balanced option
Investment Choices
Points scored on additional benefits to members ie: Home loans, Credit Cards, Health Insurance, Reverse Mortgage, shopping discounts, anti detriment payments and many others
Investment Processes
Points scored on contribution collection, via cheque, cash, Eftpos, Bpay, direct debit and other features
Small Account Fees
Points scored on the fees and charges based on an account size of $5k
Medium Account Fees
Points scored on the fees and charges based on an account size of $50k
Large Account Fees
Points scored on the fees and charges based on an account size of $100k
Death Insurance
Points scored on premium costs and features for Death Insurance ie: Min/Max level of cover, cover available during unpaid, whilst overseas, max age and other features
Death and TPD Insurance
Points scored on premium costs features for Death and TPD Insurance ie: Min/Max level of cover, cover available during unpaid, whilst overseas, max age and other features
Income Protection Insurance
Points scored on premium costs features for Income Protection insurance ie: Min/Max level of cover, cover available during unpaid, whilst overseas, max% on monthly salary, waiting days available and other features
Member Services
Points scored on additional benefits offered to members ie Statement frequency and newsletter communications and other features
Administration Services
Points scored on the fund structure ie switching between investments, selecting regular contributions, nominated beneficiary changes, changing insurance options. For Service features like call centre, adviser services reports and many other features.
Financial Advice
Points scored on features in respect to financial advice facilities offered ie, by phone, internet, face to face, cost of scaled advice and others.
Points scored on Trustee structure, number of independent directors , renumeration and proxy voting policy and risk

Score Explanation

Excellent: Score of 75%-100%
Premium performer in this area. Well above benchmark.
Good: Score of 51%-74%
Better than most funds. Above benchmark
Average: Score of 26%-50%
Placed close to benchmark
Below average: Score of below 25%
Not quite up to speed. Lower than benchmark.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 1.18%
Growth -0.07%
Capital Stable 2.58%
Cash 2.13%
  • Legend:
  • Outperformed average
  • Underperformed average
  • Negative returns

Annualised figures are the average per year returns of the rated option based on the cumulative returns for the past 5 years to 30/06/2015, past performance is not a reliable indicator of future performance. Performance and fee data is based on the option which is rated by SuperRatings and stated on each product's landing page.

Benchmark investment information - how performance is measured

To ensure comparability for consumers, the RateCity superannuation comparison is based on the asset allocation of each of the MySuper/Pension products, irrespective of the name of the investment option. This methodology allows consumers to compare products on a like for like basis and removes any ambiguities associated with the name of the investment option. For example, an investment option may be classified as growth, however its asset allocation may in fact mean it should be classified as high growth. By using the asset allocation as the dominant identifier, we believe this provides the most robust framework for consumers to compare funds and recognise that this is a consistent approach to that of SuperRatings methodology.

Option Type Percentage of Growth Assets
min-max %
High Growth 91-100%
Growth 77-90%
Balanced 60-76%
Conservative Balanced 41-59%
Capital Stable 20-40%
Secure 0-19%

What the researchers say

Established in 1987 as a low-cost industry fund, Tasplan is now public-offer, committed to returning all profits back to members. Tasplan Pension was introduced in 2007.

Subsequent to the merger with Quadrant Super in November 2015, a greater investment choice is offered to Tasplan Pension members, which consists of five Diversified strategies and four single sector investment options. The Balanced option has exhibited long-run returns in excess of the SuperRatings Index.

Fees associated with this product are lower than the industry average across all assessed account balances. No member fee is charged, however switching and exit fees are applicable.

This product provides members with an average level of pension flexibility. Members can choose to receive their pension payments in a variety of frequencies, ranging from twice-monthly to annually. Members can draw-down their pensions proportionally from investment allocation, or nominate a fixed percentage draw-down order.

Members can access fee-for-service financial planning through Quadrant First in Tasmania and Money Solutions in other states. Discounted home loans, banking products and health insurance are also provided. Members receive regular communications via newsletters. Tasplan's new look website contains interactive features, including improved fact sheets, calculators and video podcasts assisting members in their engagement.

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