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TWUSUPER - TransPension

Past 5-year return
11.86%
Admin fee
$78
Calculated Fees on 50k
$738
Low fees for members with no fees charged for employer groups.
EmployerAccess for online transactions and educational information.
Integrated financial advice options - single issue over the phone to full planning service. Financial planning and workplace education seminars for members.
Regular education communications provided for members/employers.
Customer service team can assist members at work or home.
TWUSUPER was established in 1984 by the Transport Workers Union to provide superannuation services to workers in the transport industry. The fund is now public offer and is available to members across all industries. Transpension provides members with three investments options: Balanced (MySuper), Equity Plus and Cash Plus. The Balanced (MySuper) option has outperformed the SuperRatings Index over the five years to 30 June 2017.TWUSUPER's fees are higher than the industry average across medium and large account balances. No fees are charged for establishing an account or switching investment options; however, an exit fee will apply for transfers out of the fund.Transpension provides members with good product flexibility with lump sum withdrawals of up to $10,000 available using Member Access. Members can select twice monthly, monthly, quarterly, half yearly as well as annual pension payment frequencies. Estate planning features such as binding nomination and reversionary pension are available to members. Members gain access to a range of educational materials along with industry news and financial planning services through the fund's website. The fund regularly conducts information seminars nationwide to ensure members are well informed of their retirement needs.

Fees & fund features

Admin fee
Admin fee
$78
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.16%
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
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.16%
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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