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Australian Catholic Superannuation - RetireSmart

Past 5-year return
New fund
Admin fee
$78
Calculated Fees on 50k
$588
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Expertise through self administration.
Personalised customer service.
Member education (seminars, newsletters, trade exhibitions and articles).
Member online access.
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. RetireSmart uses a 'two-bucket' investment model, with a member's account balance separated into two distinct investment buckets; 'Growth bucket' and 'Cash bucket'. The 'Cash bucket' is used to fund pension payments and the 'Growth bucket' is used to generate income and growth, with the 'Cash bucket' automatically topped up on a regular basis from the 'Growth bucket'. Alternatively, if the balance in the 'Cash bucket' rises to above three times the members' nominated annual pension income, then the excess money will be transferred back into the 'Growth bucket'. Limited performance history is currently available for this product. Fees are lower than the industry average across all account balances assessed, with the asset-based administration fee capped at $2,000 pa. No fees are charged for switching investments; however, exit fees apply for partial and full withdrawals. RetireSmart provides good flexibility, with members having the ability to receive payments weekly through to annually. Members can also select from reversionary pensions, binding death nomination and non-binding lump sum death benefits.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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Fees & fund features

Admin fee
Admin fee
$78
Administration fee (%)
Administration fee (%)
0.25%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.31%
Exit fee
Exit fee
$55
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.46%
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
$78
Administration fee (%)
Administration fee (%)
0.25%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.31%
Exit fee
Exit fee
$55
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.46%
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
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