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CareSuper Personal Plan

Past 5-year return
11.12%
Admin fee
$78
Calculated Fees on 50k
$673
13 easy to understand investment options including the Direct Investment option
Consistent and strong historical investment returns
Access to discounted banking and healthcare products
Extensive services provided to members including online education and free financial and retirement seminars
Transparent and simple fee structure; Limited financial advice at no extra cost
Flexible insurance cover available at affordable rates
Established in 1986, CareSuper is a public offer industry superannuation fund, which caters to the professional, managerial and administrative industries. The fund is a finalist for the Choice Super of the Year Award, demonstrating CareSuper's competitiveness across our key assessment criteria. Members have access to 12 Diversified and Single Sector investment strategies, which include a Sustainable Balanced option. Access to Term Deposits, ETFs, ASX300 Shares and selected LICs is also provided through the Direct Investment option, however, additional costs may apply. CareSuper's Balanced option has delivered consistently strong performance compared to the SuperRatings Index over the short to long term, providing members with top-quartile returns. Notably, the fund's Growth option is the best performing SR50 Growth Index option for the five years to 30 June 2017. Fees for the Balanced option are lower than the industry average across small and large account balances assessed, with higher than average fees charged on medium sized account balances. No switching fees are applicable while the asset administration fee is capped at $500 p.a. However, an exit fee does apply for partial and full withdrawals.CareSuper's insurance offering includes Death only, Death/TPD and Income Protection insurance, which remain competitive relative to industry peers. Members can apply for up to $10 million of Death cover and $3 million of TPD cover. Furthermore, Income Protection insurance is available with 2 year and 5 year benefit periods.

Fees & fund features

Admin fee
Admin fee
$78
Exit fee
Exit fee
$40
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
$40
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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