RateCity.com.au
Advertisement

North Super

Past 5-year return
10.74%
Admin fee
$91
Calculated Fees on 50k
$516
Guaranteed income stream for life offered
A wide range of underlying investments (4 with a guarantee)
North is flexible and open-ended which allows contributions and withdrawals, as well as transition to retirement pensions
Easy-to-use online website to check investments, make contributions and update details
Growth locked in annually and Bi-annually
North is a full service wrap platform which was launched in 2007. It is designed for individuals looking for greater flexibility, choice or advisor involvement in managing their wealth. North Super has been closed to new members since March 2016.North Super provides members with access to a wide range of Diversified and Single Manager investment strategies, as well as 4 guaranteed investment options. With additional costs associated with North Guarantee, members can receive a guaranteed return over a specified time period, although this feature is no longer available for North Super accounts from 20 February 2016. Access to Direct Equities, ETFs, LICs and Term Deposits is also provided. The North Index Balanced option has outperformed the SuperRatings Index over the short term and long term. Fees for this product are lower than the industry average across all assessed account balances. We note the ratings assume administration fee discounts are applied. Further savings can be obtained through individual or family fee aggregation. No exit fees and switching fees are applicable, although transactional costs may be incurred for changing investments options. Adviser commissions are also charged as separate costs. A comprehensive insurance offering with flexible options is provided through the AMP Elevate insurance solution. Members can apply for unlimited Death only cover and up to $5 million of Death & TPD cover. Both short-term and long-term Income Protection insurance are offered with a variety of waiting periods ranging from 14 to 730 days. As insurance is individually priced, our ratings are indicative only.

Fees & fund features-0

Admin fee
Admin fee
$91
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.45%
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
$91
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.45%
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
Compare your product with the big 4 banks, or add more products to compare