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NESS Super

Past 5-year return
10.02%
Admin fee
$73
Calculated Fees on 50k
$557
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.
NESS Super was established in 1987 for employees of the electrical contracting, communication and associated industries in NSW.Members have access to a simple investment menu comprising of 7 options across a range of asset classes. The NESS MySuper option has underperformed the SuperRatings Index over the short and long term.Fees are lower than the industry average across all assessed account balances. Members can switch between investment options at no cost; however, an exit fee does apply.NESS Super offers Death, Total and Permanent Disablement (TPD) and Salary Continuance insurance to its members. All new members are automatically allocated 2 units of Death cover and 2 units of TPD cover, as well as 2 units of Temporary Salary Continuance (TSC) cover. Optional Long-term Salary Continuance (SCI) cover is also available. Online access, newsletters, half-yearly member statements and financial planning services are available through the fund. Members also have access to a range of additional benefits such as competitive banking products from ME Bank and discounted health insurance from NIB.Employers registered with NESS Super have access to competitive finance through ME Bank for commercial and business loans, leasing and hire purchase.

Fees & fund features

Admin fee
Admin fee
$73
Exit fee
Exit fee
$68
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.84%
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
$73
Exit fee
Exit fee
$68
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.84%
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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