company logo

Club Plus Pension

Past 5-year return
9.26%
Admin fee
$94
Calculated Fees on 50k
$599
Compare
Regular tax effective income in retirement or as you are approaching retirement.
Transition to Retirement.
Low fees and no commissions.
Affordable financial advice through Club Plus Financial Planning.
Easy to use Online Access to your account.
Club Plus Pension was established in 2005 to provide for the retirement needs of members employed in the Club industry within NSW and ACT. The fund is a public offer fund and allows members from all industries to apply for membership, with a minimum initial investment of $20,000 required to commence membership. 2019 marks the tenth consecutive year Club Plus Pension has achieved a Platinum rating.Club Plus Pension offers an investment menu of 3 Diversified options and 2 Single Sector options. The MySuper option outperformed the relevant SuperRatings Index over the 10 years to 30 June 2018.Fees are lower than the industry average across all account balances assessed. The fund does not charge switching fees, although an exit fee and buy-sell spread may apply.Club Plus Pension offers a good level of pension flexibility, with members able to select from fortnightly through to annual payment frequencies. Members can nominate the investment option(s) from which pension payments are to be taken and can commence drawdown of their pension on approach to retirement, via the Transition to Retirement Pension. Members can also select from reversionary pension, binding death nomination and non-binding lump sum death benefits.The fund provides financial advice through Club Plus Financial Planning and offers low cost banking through ME Bank. The secure online facility; MemberAccess, allows members to view and update account details, as well as perform transactions.
Advertisement
Advertisement

Fees & fund features

Admin fee
Admin fee
$94
Administration fee (%)
Administration fee (%)
0.20%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
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
0.81%
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
$94
Administration fee (%)
Administration fee (%)
0.20%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
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
0.81%
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
1 - 1 of 1
Product
Past 5-year return
Admin fee
Calculated Fees on 50k
Company
Features
SuperRatings awards
Go To Site
Compare

More details

Compare your product with the big 4 banks, or add more products to compare
As seen on