On this page
Pros and Cons
- 3 payment frequencies.
- 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.
GESB Fees and Features
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment option performance
Popular pension funds products
AustralianSuper Choice Income Account
Strong long-term performance and low fees
Flexible investment choice - 11 options and the Member Direct
Free retirement seminars and webcasts
Full online account access at any time via PensionOnline with Mobile App available
Perpetual WealthFocus Pension Plan
Extensive investment menu of highly rated funds with quality managers.
Pension Refresh Facility available.
Plum Retirement Income
Support: Plum Retirement Income offers access to phone-based help, online education, an electronic application process, and six monthly member statements which provides a level of assurance for members to make retirement decisions.
Transition to retirement and Account based pension product: Plum Retirement Income allows members to transition to retirement via the Self Select Investment Path.