First Super - Allocated Pension

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Past 5-year return
11.21%
Admin fee
$0
Calculated Fees on 50k
$590
Low fees.
Significant member education functions.
Low cost financial planning.
Members are given access to low cost banking products such as credit cards and home loans.
5 investment options available.
Reversionary, binding lump sum and non-binding lump sum death benefit nominations available.
First Super Industry is a MySuper compliant fund that was established in 2008. Founded upon serving members from the timber, furniture and paper industries, the fund is now available to members across all industries. The minimum investment of $10,000 is required to commence a First Super Pension account.Members who wish to make an investment choice can select from four diversified strategies and a cash option. The Balanced option is the fund's default strategy and has outperformed the SuperRatings Index over the five-year period to 30 June 2017. Fees for First Super Allocated Pension are lower than the industry average across all assessed account balances. No switching fee is incurred for the first two investment switches, although exit fees will apply for transfers out of the fund. The First Super Allocated Pension account provides good pension flexibility. Members can choose from fortnightly, monthly, quarterly, half-yearly or yearly payment frequencies into a nominated bank account. Members have the ability to nominate binding, non-binding and reversionary beneficiaries.The FirstOnline facility provides members with the ability to view account transactions, change beneficiaries and update personal details. The fund also offers discounted banking products through ME Bank as well as access to financial planning services.

Fees & fund features

Admin fee
Admin fee
$0
Exit fee
Exit fee
$75
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.76%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$30
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
Exit fee
Exit fee
$75
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.76%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$30
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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