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Government Employees Superannuation Board

GESB Retirement Income Allocated Pension

Balanced Plan

Awards

Winner of SuperRatings Platinum 2021 Pension, 10 Yr Platinum Performance 2011-2021

Past 5-year return
7.93

% p.a

Admin fee

$0

Calc fees on 50k

$275

SuperRatings awards
SuperRatings Platinum 2021 Pension10 Yr Platinum Performance 2011-2021
Past 5-year return
7.93

% p.a

Admin fee

$0

Calc fees on 50k

$275

SuperRatings awards
SuperRatings Platinum 2021 Pension10 Yr Platinum Performance 2011-2021

Quick pension fund review

For GESB Retirement Income Allocated Pension

These are the benefits of this pension fund.

  • 3 payment frequencies.
  • Commutations.
  • Annual retirement rewards seminars, including Federal budget updates.

GESB is the largest Western Australian based superannuation provider, administering the super and retirement savings of current and former WA public sector employees. The fund offers a range of 9 investment options to choose from, providing members with access to 4 'Readymade Plan' options and 5 'Mix Your Plan' options. The Balanced Plan has underperformed the SuperRatings Index over each time period assessed to 30 June 2020. Fees are competitive and lower than the industry average across all account balances assessed. No fees are charged for switching investments. GESB provides limited flexibility, with members having the ability to receive payments monthly, quarterly or annually. Members with more than one investment option can nominate the proportion of, or order in which, payments are to be drawn from each option. Beneficiary options are limited to reversionary pensions. GESB provides members with access to a range of online fact sheets, calculators, educational videos and live webinars. The fund's Member Online site further allows members to view and update account details, as well as perform transactions.

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Pension fund overview

For GESB Retirement Income Allocated Pension

TMD

    Target Market Determination

    Visit Government Employees Superannuation Board to view Target Market Determination.

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    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
    DIVERSIFIED FIXED INTEREST
    GROWTH
    AUSTRALIAN SHARES
    INTERNATIONAL SHARES
    CAPITAL STABLE
    PROPERTY
    CASH
    + View additional option performance information