Energy Super was established to provide for the retirement needs of members employed within the energy industry. The fund is a public offer fund and allows members from all industries to apply for membership. Energy Super Market Linked Pension was established in 1999 and can only be commenced under limited circumstances and a minimum initial balance of $10,000 is required. Energy Super offers an investment menu of 6 diversified options and 4 single sector options. The Balanced option underperformed the relevant SuperRatings Index over all assessed periods to 30 June 2020.Fees are lower than the industry average across all account balances assessed. The administration fee is capped at $1,100 per annum for members with balances over $500,000 and investment switching is free if completed online.Energy Super Market Linked Pension 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.Members have access to a range of educational material along with webinars, financial planning services and phone-based advice. The fund regularly conducts information seminars throughout Queensland to ensure members are well informed.

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