Energy Super

Energy Super - Income Stream

Past 5-year return
5.61%
Admin fee

$52

Calc fees on 50k

$507

SuperRatings awards
Past 5-year return
5.61%
Admin fee

$52

Calc fees on 50k

$507

SuperRatings awards

Pros and Cons

Pros and Cons

  • Energy Super is an industry super fund run only to benefit members. We are committed to offering our members:
  • Strong investment returns;
  • A wide range of investment options to suit different investors;
  • Access to financial advice, including convenient over the phone advice at no extra cost to members;
  • Competitive, low fees;
  • Products and services tailored specifically to the energy industry;
  • Continued regional access to our seminar program, covering a range of super and wealth management topics.

Summary

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 Income Stream was established in 2007, with a minimum initial investment of $10,000 required to commence membership.Energy Super offers an investment menu of 6 diversified options, 4 single sector options and term deposits. The Balanced option outperformed the relevant SuperRatings Index over the 10 years to 30 June 2019.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 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.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 on their retirement needs.

Features and Fees

Energy Super Fees and Features

    Pros and Cons

    • Energy Super is an industry super fund run only to benefit members. We are committed to offering our members:
    • Strong investment returns;
    • A wide range of investment options to suit different investors;
    • Access to financial advice, including convenient over the phone advice at no extra cost to members;
    • Competitive, low fees;
    • Products and services tailored specifically to the energy industry;
    • Continued regional access to our seminar program, covering a range of super and wealth management topics.

    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 Income Stream was established in 2007, with a minimum initial investment of $10,000 required to commence membership.Energy Super offers an investment menu of 6 diversified options, 4 single sector options and term deposits. The Balanced option outperformed the relevant SuperRatings Index over the 10 years to 30 June 2019.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 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.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 on their retirement needs.

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    Energy Super Fees and Features

      Fund fees vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Fund past-5-year return vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Investment allocation
      INTERNATIONAL SHARES
      AUSTRALIAN SHARES
      PROPERTY
      ALTERNATIVES
      FIXED INTEREST
      CASH
      OTHER
      Investment option performance
      BALANCED
      CONSERVATIVE BALANCE
      DIVERSIFIED FIXED INTEREST
      GROWTH
      AUSTRALIAN SHARES
      INTERNATIONAL SHARES
      CAPITAL STABLE
      CASH
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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