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Russell iQ Super - Personal

Past 5-year return
10.13%
Admin fee
$112
Calculated Fees on 50k
$662
Significant member education functions and online learning centre.
Free employer seminars.
Flexible insurance options.
External financial advice solution.
Specialist general advice call centre team.
Unique pension solution combining super, pension and banking.
Data mining tool updated daily for better segmentation and client relationship management.
Russell iQ Super is offered by Russell Investments, one of the world's largest retirement plan consultants. Russell iQ Super - Personal caters for members who are not part of an employer sponsored plan and those who are transferring from iQ Super - Employer; however, this product closed to new members on 31 December 2013. The fund offers members a choice of 7 Diversified and 8 Single Sector options, with members able to invest in up to 12 investments at any one time. The Balanced Portfolio underperformed the SuperRatings Index over the 5 years to 30 June 2016.Fees are higher than the industry average across all assessed account balanced; however, members are entitled to a fee rebate on account balances over $100,000. Members are able to switch investment options at no cost; however, an exit fee applies to partial and full withdrawals.Russell iQ Super - Personal offers a full suite of insurance cover to members, including unlimited Death Only cover and Total & Permanent Disablement (TPD) cover up to a maximum of $3 million. Income Protection is available up to 75% of salary with a 2 year benefit payment period and a 90 day waiting period. Members who have transferred from Russell iQ Super - Employer are able to automatically transfer their existing cover.Online transaction access, financial planning as well as regular newsletters, videos and investor information are accessible to members from the fund's website.

Fees & fund features-0

Admin fee
Admin fee
$112
Exit fee
Exit fee
$136
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.40%
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
$112
Exit fee
Exit fee
$136
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.40%
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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