RateCity.com.au
Advertisement

NGS Super - Industry Plan

Past 5-year return
9.74%
Admin fee
$65
Calculated Fees on 50k
$665
Strong focus on member education.
Cost effective financial planning service.
NGS Super Pension - providing an income stream in retirement.
Low cost banking products provided through ME.
NGS Super is an industry super fund dedicated to people who work in education and community-focused organisations. Members from outside these industry groups can join the Personal Plan and receive the same benefits. The fund has achieved a Platinum rating for the past 13 consecutive years. NGS Super is also Infinity Recognised, which is a result of its strong commitment to environmental and social principles. NGS Super offers a range of 12 investment options to choose from, providing members with access to 7 Pre-Mixed and 5 Sector-Specific options, as well as the NGS Self-Managed option, providing access to Direct Shares listed on the S&P/ASX 300, a range of Exchange Traded Funds (ETFs) and Term Deposits. The Diversified (MySuper) option underperformed the SuperRatings Index over the 5 years to 30 June 2017; however, longer term outperformance remains evident.Fees are higher than the industry average across medium and large account balances assessed, although the asset administration fee has a maximum cap of $500 pa. Members receive one free investment change each financial year, while an exit fee is applied when a withdrawal is processed. A full suite of insurance cover is offered, with Death, Total & Permanent Disablement (TPD) and Income Protection (IP) insurance cover automatically provided to eligible members upon joining the fund. Income Protection is available to a maximum of 90% of salary including 10% super contributions, with a choice of benefit payment periods of 2 years, 5 years, to age 65 or to age 67 and a choice of 30, 60 and 90 day waiting periods.A range of online tools, calculators and educational resources are available through the fund's website, with an online advice tool, NGS SuperMap, and free seminars also on offer. The fund's secure website, Member Online, further enables members to view and update their accounts online.

Fees & fund features

Admin fee
Admin fee
$65
Exit fee
Exit fee
$80
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$30
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
$65
Exit fee
Exit fee
$80
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$30
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
Compare your product with the big 4 banks, or add more products to compare