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Energy Industries Superannuation Scheme Super

Past 5-year return
8.85%
Admin fee
$0
Calculated Fees on 50k
$410
No contribution and establishment fees
Access to five Diversified & Single Sector options, including a MySuper Conservative Balanced option
Member Direct Investment options including ASX300 shares & Term Deposits
Cost-effective insurance provided automatically - without the need for medical evidence
Choice of service and support - Client Relationship Managers, call centre and online self-service
EISS Super is a public offer industry fund, which was established in 1997 to provide retirement benefits to public sector employees of the NSW Energy Industry. Members have access to 5 Diversified and Single-Sector investment options. Furthermore, access to ASX300 Shares and Term Deposits is provided via the Direct Investment Option, however, additional costs may be incurred. EISS MySuper Conservative Balanced option (known as MySuper Balanced option prior to 26 May 2017) has underperformed the SuperRatings Index over the short and long term, although we note it has a lower allocation to growth assets than a typical Balanced (60-76) strategy. Fees for the MySuper Conservative Balanced option are lower than the industry average across all assessed account balances, with no member fee or asset administration fee charged. However, exit fees do apply. A full suite of insurance cover is provided to members, which includes Death only, Death & TPD and Income Protection (IP) insurance. Members can apply for unlimited Death cover and a maximum $3 million of Death & TPD cover. IP covers up to 84.5% of salary (including SG contributions), over a 2 year or to age 65 benefit period, with a choice of 30, 60 or 90 day waiting periods. Members have access to in-house financial planning, interactive online calculators, regularly updated fact sheets, as well as ancillary benefits such as discounted health insurance.

Fees & fund features

Admin fee
Admin fee
$0
Exit fee
Exit fee
$35
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.00%
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
$35
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.00%
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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