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Smartsave MySuper

Past 5-year return
New fund
Admin fee
$75
Calculated Fees on 50k
$537
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.
The Smartsave 'Member's Choice' Superannuation Master Plan was established in 2001, with the Employer Super division open to all employers and their employees.The fund's MySuper offering comprises a single diversified investment option, Smartsave MySuper Balanced. The Smartsave MySuper Balanced option is a new option from 1 January 2014 and therefore limited performance history is available.Smartsave's choice members also have access to a range of Diversified and Single Sector options.Fees are lower than the industry average across all assessed balanced. Members can switch investment options at no cost; however, an exit fee does apply.A full suite of insurance is offered to members and employers can arrange automatic cover for their employees. Members can apply for additional cover of up to $10 million for Death and $3 million for Total & Permanent Disablement (TPD). Income Protection (IP) insurance covers up to 75% plus SG contribution of salary with a choice of 2 waiting periods (30 and 90 days) and 3 benefit payment periods.Members and employers can access financial planning services through the fund as well as a variety of tools, member communications and educational material on the fund's website which also gives advisers, members and employers the ability to track and manage their account details online.

Fees & fund features

Admin fee
Admin fee
$75
Exit fee
Exit fee
$66
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.41%
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
$75
Exit fee
Exit fee
$66
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.41%
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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