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IOOF Employer Super - Personal Division

Past 5-year return
9.52%
Admin fee
$182
Calculated Fees on 50k
$1,132
Extensive Investment menu. Competitive insurance offering.
Ability to contribute via BPAY, cheque or direct debit.
Online access to account details via the Spectrum Super website including the ability to update personal details, trade in equities and switch managed funds.
IOOF Employer Super is a Division of the IOOF Portfolio Service Superannuation Fund and is a lifetime portable super solution that provides members with extensive choice and flexible features. Members have access to a comprehensive investment menu, including ready-made portfolios, managed funds, direct share and term deposits. The MultiMix Balanced Growth Trust underperformed the SuperRatings Index over the 5 years to 30 June 2017. Fees are higher than the industry average across all account balances assessed; however, a reduced administration fee is applicable on account balances over $250K. Members are able to switch investment options without incurring a switching fee, while an exit fee is applied for full or partial withdrawals.A full suite of insurance cover is available including Death, Total & Permanent Disablement (TPD) and Income Protection (IP) insurance. Income Protection (IP) cover is available up to a maximum of 75% of Declared Earned Income plus up to 10% super contributions, with benefit payment periods of 2 years, 5 years and to age 65 and a choice of 3 waiting periods. Members have the ability to transfer existing insurance arrangements to IOOF Employer Super.A range of online tools, calculators and educational resources are available through the fund's website. IOOF Online allows members to view and update account details, as well as perform transactions, including switching investments and buying and selling listed and managed investments. Members have access to financial advise provided by IOOF Investment Management Limited directly or through numerous adviser groups.

Fees & fund features

Admin fee
Admin fee
$182
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
$182
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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