company logo

First Super - Allocated Pension

Past 5-year return
New fund
Admin fee
$0
Calculated Fees on 50k
$695
Compare
No minimum initial investment.
Low fee structure.
Regular free employer and employee seminars.
Financial planning service offered.
Members are given access to low cost banking products such as credit cards and home loans.
2 free switches per financial year.
Death, Total and Permanent Disablement and Income Protection insurance available.
First Super Allocated Pension was established in 2008 to service the retirement needs of members employed within the timber, furniture and paper industries. The fund is a public offer fund and allows members from all industries to apply for membership. The pension fund requires a minimum initial investment of $10,000 to commence membership.The Balanced option is the fund's default investment option, whilst members may also select from a range of diversified and single sector investment options. The Balanced option outperformed the relevant SuperRatings Index over the 5 years to 30 June 2018.Fees are competitive across smaller account balances, but remain higher than the industry average across medium and large account balances assessed. The fund does not apply a buy-sell spread for investment switches, although a switching fee will be charged.First Super Allocated Pension offers good pension flexibility, with members able to select from fortnightly through to yearly payment frequencies. Members may also select from binding and non-binding death nominations, as well as reversionary pensions.Members have access to a range of educational materials and financial planning services, as well as discounted banking products through ME Bank. The fund regularly conducts information seminars to ensure members are well informed on their retirement needs.
Advertisement
Advertisement

Fees & fund features

Admin fee
Admin fee
$0
Administration fee (%)
Administration fee (%)
0.38%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.04%
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
0.97%
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
Administration fee (%)
Administration fee (%)
0.38%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.04%
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
0.97%
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
1 - 1 of 1
Product
Past 5-year return
Admin fee
Calculated Fees on 50k
Company
Features
SuperRatings awards
Go To Site
Compare

More details

Compare your product with the big 4 banks, or add more products to compare
As seen on