CareSuper Pension

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Past 5-year return
12.21%
Admin fee
$156
Calculated Fees on 50k
$746
13 investment options including the DIO
Consistent and strong historical 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
Established in 1986 to cater to the professional, managerial and administrative industries, CareSuper is a public offer industry superannuation fund. CareSuper Pension has achieved its 10th consecutive Platinum rating since it was opened in 2007. As part of the fund's post-retirement income solutions, the Guaranteed Lifetime and Fixed Term Income accounts are designed to offer a guaranteed and regular income while providing additional protection against inflation and longevity risks.Members have access to 12 Diversified and Single Sector investment strategies, which include a Sustainable Balanced option. Access to Term Deposits, ETFs, ASX300 Shares and a selection of LICs is also provided via the Direct Investment option, however, additional costs may be incurred. The Balanced option has delivered consistently strong performance compared to the SuperRatings Index over the short to long term, providing members with top-quartile returns. While CareSuper continues to demonstrate a transparent fee disclosure practice, fees for the Pension Balanced option are rated as average across all assessed account balances. No Switching fees are charged, and the percentage based administration fee is capped at $1,000 p.a. Exit fees only apply to full withdrawals.CareSuper Pension members have the flexibility of receiving their pension payments in a variety of frequencies ranging from twice monthly to annually. Lump-sum withdrawals can be made at any time via paper form, over the phone or via PensionOnline. 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, access to financial planners and SMSF wind-up services are also available to CareSuper members.

Fees & fund features

Admin fee
Admin fee
$156
Exit fee
Exit fee
$40
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.16%
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
$156
Exit fee
Exit fee
$40
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.16%
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
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