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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, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $137 $157 -$20
50k $656 $634 $22
100k $1,233 $1,169 $64

Investment Allocation

Intl shares 27.0%
Aus shares 30.5%
Property 5.5%
Alternative 9.5%
Fixed interest 15.0%
Cash 2.5%
Other 10.0%

Fees & Charges

Administration Fee ($) $80
Administration Fee (%) 0.58%
Investment Fee 0.57%
Switching Fee $0
Exit Fee $127.94
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 212,848
Total Assets $19,725,767,832
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, providing members with a strong brand name and a flexible range of competitive benefits.

Mercer SmartPath is Mercer's MySuper solution from launched in January 2014. The default investment strategy is a whole of life investment offering, which has been designed for members who seek appropriate retirement income through investing in assets catered for their stage in life. Asset allocation automatically adjusts to a more conservative investment mix as the member moves towards retirement.

Fees are higher than the industry average across small and medium account balances assessed. While withdrawal fees apply, members can make unlimited switches without being charged.

Permanent employees and contractors are eligible for basic Death and basic Death and Total & Permanent Disablement cover. Members can also apply for up to $150,000 cover for a nominated life event. Members can opt out of Death only, Death and TPD or just the TPD cover at any time. Additional voluntary cover is provided for unlimited Death and a maximum of $5 million Death and TPD cover.

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.