HOSTPLUS Pension Plan

HOSTPLUS Pension Plan was established in 2009 to provide retirement services for people working in the hospitality, tourism and leisure industries, with membership also open to the general public. The fund was a finalist for the 2018 Career Fund of the Year. HOSTPLUS offers a range of 13 Pre-Mixed and Sector investment options and 9 Single Manager options, as well as a ChoicePlus Investment Option providing access to Direct Shares listed on the S&P/ASX 300, a range of Exchange Traded Funds (ETFs), Listed Investment Companies (LICs) and Term Deposits. The Balanced option has outperformed the SuperRatings Index over the short and long term. Fees are higher than the industry average across all assessed account balances. However, members are able to switch investment options and make withdrawals at no cost.HOSTPLUS Pension Plan provides excellent levels of flexibility, with members having the ability to receive payments fortnightly through to annually, including mid and end of month payments. 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 comprehensive, including both binding and non-binding nominations, as well as reversionary pensions, including child nominations.HOSTPLUS offers added benefits to members including discounted banking, health insurance, travel and accommodation. Member Online further allows members to view and update account details and perform transactions.