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Victorian Independent Schools Superannuation Fund - Allocated Pension

Past 5-year return
New fund
Admin fee
$660
Calculated Fees on 50k
$960
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.
The Victorian Independent Schools Superannuation Fund (VISSF) Allocated Pension was established in 2000 and is designed to service the pension needs of teachers and employees working in independent schools in Melbourne. The fund offers members a simple investment menu of 3 Diversified and 1 Single Sector options. The Balanced option has outperformed the SuperRatings Index over the 5 years to 30 June 2016.Fees associated with this product are competitive compared to the industry average across medium and large account balances. Fees are less competitive for those with small account balances, as a relatively high flat dollar member fee is charged. There are no exit fees and members are entitled to 2 free switches per year.VISSF Allocated Pension offers members a monthly payment frequency as well as a choice of binding lump-sum and reversionary death benefit payments.VISSF members can access comprehensive financial services advice including financial planning, taxation, retirement advice and Will preparation at discounted rates. Additionally, online account, health insurance and newsletters are available to members through the fund.

Fees & fund features-0

Admin fee
Admin fee
$660
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
0.60%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$30
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
$660
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
0.60%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$30
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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