company logo

Club Super - Income Stream

Past 5-year return
8.14%
Admin fee
$156
Calculated Fees on 50k
$851
Compare
Choice of 8 investment options consisting of single sector and diversified strategies.
Subsidised financial planning services available.
Lump sum withdrawals available.
Option for fortnightly, monthly, quarterly, six-monthly or annual payments.
No establishment fees.
Transition to retirement pension available.
Club Income Stream was established in 2004 to provide for the retirement needs of members employed within sporting and recreational clubs and associated industries. The fund is only available to current and former employees, as well as their spouses, with a minimum initial investment of $10,000 required to commence membership.Club Super offers an investment menu of 3 Diversified options and 5 Single Sector options. The Balanced option outperformed the relevant SuperRatings Index over the 7 years to 30 June 2018; however, underperformed over the 10 year period.Fees are higher than the industry average across all account balances assessed. The fund does not charge a switching fee or buy-sell spread, although an exit fee will be charged when a lump sum withdrawal is processed.Club Income Stream offers good pension flexibility with members able to select from fortnightly through to yearly payment frequencies. Members can also select from reversionary pension, binding death nomination and non-binding lump sum death benefits. Further Club Income Stream allows eligible members to apply for up to $5 million of Death cover. Club Super offers YourSuperFuture, a free online super advice tool enabling members to obtain single issue financial advice, with financial planning services also available to members using a fee-for-service model. Furthermore, the fund's Member Online allows members to view and updated account details.
Advertisement
Advertisement

Fees & fund features

Admin fee
Admin fee
$156
Administration fee (%)
Administration fee (%)
0.30%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.57%
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
0.52%
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
Administration fee (%)
Administration fee (%)
0.30%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.57%
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
0.52%
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