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First State Super Retirement Income Stream

Past 5-year return
9.12%
Admin fee
$52
Calculated Fees on 50k
$657
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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, with membership also open to the general public. The Retirement Income Stream commenced in 2006, with a minimum initial investment of $20,000 required to commence membership.Members have access to an investment menu comprising 5 Diversified and 7 Single sector options, including 2 Socially Responsible options. The Growth option outperformed the relevant SuperRatings Index over each time period assessed to 30 June 2018.Fees are lower than the industry average across all assessed account balances. Members are able to switch investment options and make withdrawals at no cost. First State Super Retirement Income Stream offers a reasonable level of flexibility to pension members, with members having the ability to receive payments fortnightly through to annually. Members with more than one investment option can nominate the order in which payments are to be drawn from each option or have payments drawn from each investment option in proportion to the balance in each option. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions. Additional benefits available include access to free simple advice, comprehensive advice services, high quality educational programs, interactive tools and calculators, as well as the ability to view account details and perform transactions online.
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Fees & fund features

Admin fee
Admin fee
$52
Administration fee (%)
Administration fee (%)
0.40%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
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
0.81%
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
$52
Administration fee (%)
Administration fee (%)
0.40%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
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
0.81%
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
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