
% p.a
$78
$478

Quick pension fund review
For Australian Catholic Superannuation - RetireChoice
These are the benefits of this pension fund.
- Expertise through self administration.
- Personalised customer service.
- Member education (seminars, newsletters, trade exhibitions and articles).
- Retirement seminars.
Australian Catholic Superannuation was established in 1981 to provide retirement benefits to those who work in Catholic education, healthcare, aged care and welfare, with membership now open to the general public.Members are provided a choice of 7 'Managed Options' and 6 'Build your Own Options', including the Socially Responsible option for the ethical investor. The Balanced option outperformed the SuperRatings Index over the 1-year period to 30 June 2021; however, underperformed over other time periods assessed. Fees are lower than the industry average across all account balances assessed, with the asset-based administration fee capped at $1,520 pa. The fund does not charge a switching fee or a buy-sell spread.RetireChoice provides good flexibility, with members having the ability to receive payments weekly through to annually. Members with more than one investment option can nominate the proportion of payments that are to be drawn from each option. Beneficiary options include both binding and non-binding nominations, as well as reversionary pensions.Members have access to complementary general advice and tailored personal advice, as well as a range of online tools, calculators and educational resources available through the fund's website. The secure online facility; Member Online, allows members to view and update account details, as well as perform transactions.
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Pension fund overview
For Australian Catholic Superannuation - RetireChoice
- Features
- Insurance Cover
- Fees
Features
Binding nominations | |
Account size discount | Online Access |
Home loans | Financial planning service |
Non-lapsing binding nominations | Employer size discount |
Anti-detriment payments | Credit cards |
Insurance Cover
Health insurance | Insurance life event increases |
Total and permanent disability cover | Long term income protection |
Fees
Admin fee $78 | Administration fee (%) 0.19% |
Switching fee $0 | Investment fee 0.33% |
Indirect cost ratio (%) 0.28% | Exit fee $0 |
Target Market Determination
Visit Australian Catholic Superannuation & Retirement Fund to view Target Market Determination.