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Lutheran Super

Past 5-year return
9.47%
Admin fee
$91
Calculated Fees on 50k
$511
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.
Lutheran Super is the superannuation fund dedicated to the benefit of employees & former employees of the Lutheran Church of Australia and their spouse. The investment menu consists of 6 investment options, including a Socially Responsible Australian shares option for the ethical investor. Lutheran Super's Balanced option has outperformed the SuperRatings Index over the year to 30 June 2017, but underperformance over the longer term remains evident.Lutheran Super's fees are lower than the industry average across all account balances assessed. An exit fee applies for withdrawals while investment switches are free of charge. Members receive basic levels of Death and Total & Permanent Disablement (TPD) insurance cover upon joining the fund. Standard Income Protection (IP) is also available for members working above the minimum required 15 hours per week and provides a benefit of up to 84.5% (including 9.5% super contributions) of insured salary, to a maximum benefit of $30,000 per month. IP options include benefit payment periods of 2 years, 5 years, to age 65 and to age 67 with 3 levels of income cover, all under a 90 day waiting period. Members can apply to increase their Death and TPD cover upon the occurrence of a prescribed life event without providing health evidence.Lutheran Super offers a range of calculators, educational and reporting publications on its website. Members can also access their account online and perform transactions.

Fees & fund features

Admin fee
Admin fee
$91
Exit fee
Exit fee
$122
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.54%
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
$91
Exit fee
Exit fee
$122
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.54%
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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