First State Super Retirement Income Stream

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Past 5-year return
11.67%
Admin fee
$52
Calculated Fees on 50k
$582
Excellent value for money
Sound historical investment performance
Run only to profit members
iPhone application
Fee for service financial planning available specifically tailored to First State Super members
Regular, targeted communication from fund via newsletters, seminars and online learning
First State Super is an industry fund that has been providing superannuation services to NSW public sector employees since 1992. The Retirement Income Stream commenced in 2006 and has secured a SuperRatings Platinum rating for the 11th consecutive year. Members have access to 12 Single sector and Diversified investment strategies, including 2 Socially Responsible options. The Growth option outperformed the SuperRatings Index over the 1 and 5 years to 30 June 2017. Fees for the Growth option are lower than the industry average across all assessed account balances. However, switching fees apply for changing investment options, while exit fees are also charged for full withdrawals or rollovers. First State Super Retirement Income Stream offers a reasonable level of features and flexibility to pension members, with the ability to nominate a specific pension payment drawdown order and have pension paid in 5 frequencies, ranging from fortnightly to annually. A good selection of death benefit options, including non-lapsing binding nominations and reversionary pensions, is also available. Eligible members can also commence a Transition to Retirement Pension with a minimum initial investment of $20,000.First State Super operates over 20 member service centres across NSW, Victoria and the ACT, as well as one appointment only location in Perth, allowing members to engage with the fund in their local area. With increased scale following the acquisition of StatePlus, the fund continues to expand its advice capabilities and enhance retirement outcomes for its members.

Fees & fund features

Admin fee
Admin fee
$52
Exit fee
Exit fee
$36
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.66%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$25
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
$52
Exit fee
Exit fee
$36
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.66%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$25
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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