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What the Researchers Say:

A "best value for money" superannuation fund. Well balanced across all key assessment criteria in a robust, secure and proven risk framework. The fund provides features that should assist most individuals to meet their retirement savings goals.

You should contact your financial adviser or this fund before making an investment decision.

  • MySuper Platinum
Awards
Fund data valid as of May 31, 2017

Typical Fees

Balance This Fund Industry Average Difference
5k $143 $152 -$9
50k $685 $601 $84
100k $1,287 $1,106 $181

Investment Allocation

Intl shares 30.0%
Aus shares 29.0%
Property 6.0%
Alternative 11.0%
Fixed interest 15.0%
Cash 9.0%

Fees & Charges

Administration Fee ($) $83
Administration Fee (%) 0.59%
Investment Fee 0.61%
Switching Fee $0
Exit Fee $133.40
Account Size Discount No
Employer Size Discount No

Fund Features

Financial Planning Service
Health Insurance
Home Loans
Credit Cards
Binding Nominations
Non-lapsing Binding Nominations
Insurance Life Event Increases
Anti-detriment Payments
Long Term Income Protection

About this Fund

Membership 204,836
Total Assets $21,421,203,773
Year Started 2014
Target Market All Industires
Offered to Public? Yes
Fund Type Master Trust-MySuper

Fund Highlights - provided by Mercer SmartPath - MySuper

Fully integrated service model with all aspects of investments, consulting and administration owned and controlled by Mercer.
High quality retirement planning services, including education and advice.
Wide range of service channels including workplace education and advice, helpline and limited financial advice over the phone.
Free administration services for rollovers and consolidation.

What the researchers say

The Mercer Super Trust is one of the largest corporate super platforms in Australia and provides members with a strong brand history and a flexible range of competitive benefits.

The fund's MySuper offering, Mercer SmartPath, is a whole of life investment strategy, with the underlying asset allocations adjusting according to a members' age and gradually 'gliding' from a growth-oriented investment strategy to a defensive-oriented strategy. No performance history is currently available for this product.

Fees are higher than the industry average across medium and large account balances assessed. No fees are charged for switching investments; however, an exit fee is applicable.

Permanent employees and contractors are eligible for basic Death and Total & Permanent Disablement cover, with additional voluntary unlimited Death cover and up to $5 million TPD cover available. Members can apply for to $150,000 cover for a nominated life event, and can opt out of Death and/or TPD cover at any time.

Members have access to Mercer financial advisers who can tailor super and retirement solutions to suit their needs. Online planning tools, newsletters and educational seminars are also available. The fund's website incorporates a selection of visual and functional features, including a Retirement Income Simulator tool to members.