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AustChoice Super - Personal

Past 5-year return
9.52%
Admin fee
$53
Calculated Fees on 50k
$1,181
Extensive investment choice. Competitive insurance package, tax effective rates.
Ability to maintain AustChoice Super membership regardless of work status through the three divisions within AustChoice Super.
Ability to accept employer, SG and wide range of contributions.
Ability to contribute via BPAY, cheque or direct debit. In-specie transfer of share holdings available.
Dedicated customer service staff.
AustChoice Super Personal is a division of the IOOF Portfolio Service Superannuation Fund, designed for family members of existing Employer Division members, as well as for those members who leave their employer and wish to stay in AustChoice Super. This product is closed to new members. AustChoice Super offers members an extensive investment menu comprising of ready-made diversified and single sector portfolios, externally managed funds, listed investments and term deposits. The MultiMix Balanced Growth Trust option underperformed the SuperRatings Index over the 5 years to 30 June 2017, although historical returns across most other options have been competitive.Fees are higher than the industry average across all account balances assessed, although rebates do apply once the member's account balance exceeds $100,000.AustChoice Super Personal members can apply for voluntary Death, Total & Permanent Disablement (TPD) and Income Protection (IP) cover. IP provides 85% (including SG) salary coverage over 2 years, 5 years or to age 65 with a waiting period of 30,60 or 90 days. Members are required to work at least 15 hours per week to qualify for IP cover. Other features of the product include a regular contribution plan, secure online member access, financial planning and consolidated reporting.

Fees & fund features

Admin fee
Admin fee
$53
Exit fee
Exit fee
$75
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
1.05%
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
$53
Exit fee
Exit fee
$75
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
1.05%
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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