CareSuper

CareSuper Pension

Awards

Winner of SuperRatings Platinum 2021 Pension, 10 Yr Platinum Performance 2011-2021, Smooth Ride Finalist 2021, Infinity Recognised 2021

Past 5-year return
6.31

% p.a

Admin fee

$78

Calc fees on 50k

$533

SuperRatings awards
SuperRatings Platinum 2021 Pension10 Yr Platinum Performance 2011-2021Smooth Ride Finalist 2021Infinity Recognised 2021
Past 5-year return
6.31

% p.a

Admin fee

$78

Calc fees on 50k

$533

SuperRatings awards
SuperRatings Platinum 2021 Pension10 Yr Platinum Performance 2011-2021Smooth Ride Finalist 2021Infinity Recognised 2021

Pros and Cons

  • 13 investment options including the DIO
  • Consistent and strong long-term investment returns
  • Access to discounted banking and insurance products
  • Extensive member services including online education, financial seminars and access to financial planning advice
  • Transparent and simple fee structure

CareSuper is a public offer industry superannuation fund established in 1986 to cater to the professional, managerial and administrative industries. CareSuper Pension is part of the fund’s post-retirement income solutions and can be combined with the Guaranteed Lifetime and Fixed Term Income accounts, which are designed to offer a guaranteed income while providing additional protection against inflation and longevity risks.Members have access to 12 Diversified and Single Sector investment strategies, including the Sustainable Balanced option for the ethical investor. Access to Term Deposits, ETFs, ASX300 Shares and selected LICs is also provided through the Direct Investment option; however, additional costs may apply. CareSuper's Balanced option has provided strong investment returns to members, outperforming the SuperRatings Index over the 10 years to 30 June 2020. Fees for the Balanced option are lower than the industry average across all account balances assessed, with the asset administration fee capped at $750 pa. There are no switching fees, although a buy-sell spread may apply.CareSuper provides good flexibility, with members having the ability to receive payments twice-monthly through to annually. Members with more than one investment option can nominate the proportion of, or order in which, payments are to be drawn from each option. Lump-sum withdrawals can be made at any time via paper form, over the phone or via MemberOnline. Members, where eligible, can also access CareSuper Transition to Retirement Pension, subject to a minimum investment of $10,000.Additional benefits such as discounted banking products, health insurance, online tax returns services, access to financial planners and SMSF wind-up services are also available to members.

Read More

CareSuper Fees and Features

    Did you know ?

    You can share these results by embeding it on any page you like.

    Fund fees vs. Industry average
    THIS FUND
    INDUSTRY AVERAGE
    Fund past-5-year return vs. Industry average
    THIS FUND
    INDUSTRY AVERAGE
    Investment allocation
    INTERNATIONAL SHARES
    AUSTRALIAN SHARES
    PROPERTY
    ALTERNATIVES
    FIXED INTEREST
    CASH
    OTHER
    Investment option performance
    BALANCED
    CONSERVATIVE BALANCE
    DIVERSIFIED FIXED INTEREST
    GROWTH
    AUSTRALIAN SHARES
    INTERNATIONAL SHARES
    CAPITAL STABLE
    PROPERTY
    + View additional option performance information