BUSSQ Pension Choice
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Past 5-year return
12.09%Admin fee
$0Calculated Fees on 50k
$570A choice of 11 investment options available, each with a distinctly different investment objective and strategy.
Online services provided for account access, investment information, transaction switching and increasing insurance.
All profits returned to members.
Full suite of Death, TPD and Income Protection (IP) on offer as well as access to IP through CIPQ for self-employed persons
Access to advice at no extra cost, either over the phone or in-person.
Free member retirement planning seminars.
BUSSQ was established in 1985 and was founded upon serving members from the building, construction and civil industries. The fund is public offer and available to members across all industries. BUSSQ Pension Choice was a 2018 Pension of the Year finalist.BUSSQ Pension Choice offers members the ability to select from three diversified and eight single sector investment options. BUSSQ Pension Choice Balanced Growth has outperformed the relevant SuperRatings Index over the longer term. Fees for the BUSSQ Pension Choice Balanced Growth investment option are lower than the industry average across all account balances assessed. The product does not have a buy-sell spread or switching fee, but exit fees will apply.BUSSQ Pension Choice provides good levels of flexibility for members. Members can select from five pension payment periods. A Retirement Reward Bonus of up to 0.5% of the account balance will be paid to members who open an account after 1 July 2017. Members may also make lump sum withdrawals of up to $10,000 through MemberAccess. BUSSQ Pension Choice offers members tailored financial education and advice through Skylight Financial Solutions as well as a range of free seminars, online transactions and lost superannuation consolidation services.
Fees & fund features
Admin fee | Admin fee $0 |
|---|---|
Exit fee | Exit fee $30 |
Financial planning service | Financial planning service |
Credit cards | Credit cards |
Insurance life event increases | Insurance life event increases |
Investment fee | Investment fee |
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 $0 |
|---|---|
Exit fee | Exit fee $30 |
Financial planning service | Financial planning service |
Credit cards | Credit cards |
Insurance life event increases | Insurance life event increases |
Investment fee | Investment fee |
|---|---|
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 past-5-year return vs. Industry average
Investment allocation
+ View additional option performance information
Company | Product | Past 5-year return | Admin fee | Past 5-year return | Calculated Fees on 50k | Features | SuperRatings awards | Go To Site |
|---|---|---|---|---|---|---|---|---|
| Past 5-year return 12.09% | Admin fee $0 | Past 5-year return 12.09% | Calculated Fees on 50k $570 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards     | Compare |
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