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Energy Industries Superannuation Scheme Pension

Past 5-year return
7.41%
Admin fee
$0
Calculated Fees on 50k
$520
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Easy to commence - low minimum initial investment of $25,000
No contribution and establishment fees
A simple choice of four expertly managed investment options and one cash option
Unlimited investment switching - no minimum amounts
Choice of income payment frequency and flexibility to make withdrawals
Quarterly account statements, e-newsletters and magazines
Ancillary benefits including cost effective financial advice, travel and accommodation deals
EISS Super is a public offer industry fund that was established in 1997 to provide retirement benefits to public sector employees of the NSW Energy Industry. The Account Based Pension commenced in 1999. Members have access to 4 Diversified options and a Cash option. The Balanced option has underperformed the SuperRatings Index over the short and long term.Fees for the Balanced option are lower than the industry average across all assessed account balances, with only an Indirect Cost Ratio (ICR) charged. Members are able to switch investment options and make withdrawals at no cost. A reasonable level of pension flexibility is provided, with a choice of multiple payment frequencies, ranging from fortnightly to annually. Members with more than one investment option can nominate the proportion of payments to be drawn from each option or have payments drawn proportionately across investments. Members can choose between two beneficiary nomination options, reversionary beneficiary nomination of binding nomination. Members have access to financial advice services, seminars, online calculators and educational material, as well as a member benefits program. Further, the secure online facility allows members to view and updated account details, as well as perform transactions.
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Fees & fund features

Admin fee
Admin fee
$0
Administration fee (%)
Administration fee (%)
0.00%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
1.04%
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.00%
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
Administration fee (%)
Administration fee (%)
0.00%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
1.04%
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.00%
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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Past 5-year return
Admin fee
Calculated Fees on 50k
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