LUCRF Super

LUCRF Retirement Pension

No. of members: 128997
Fund size: $6.4b
Public offer:
Product type: Industry-Allocated Pension
Target market: -
Year started: 2007
Past 5-year return
5.12%
Admin fee

$78

Calc fees on 50k

$453

SuperRatings awards
Past 5-year return
5.12%
Admin fee

$78

Calc fees on 50k

$453

SuperRatings awards

Pros and Cons

Pros and Cons

  • Strong investment returns and low fees.
  • In-house contact centre and administration.
  • Commission-free financial advice.
  • Flexible insurance.
  • Secure mobile app and online account access.

Summary

LUCRF Super was established in 1978 to provide for the retirement needs of members employed within a wide range of industries. The fund is a public offer fund and allows members from all industries to apply for membership. LUCRF Retirement Pension was established in 2007, with a minimum initial investment of $10,000 required to commence membership. LUCRF Retirement Pension offers an investment menu of 5 diversified options and 5 single sector options. The Balanced option underperformed the relevant SuperRatings Index over all assessed time periods to 30 June 2019.Fees are lower than the industry average across all account balances assessed. The fund does not charge a buy-sell spread or a switching fee.LUCRF Retirement Pension offers good pension flexibility, with members able to select from weekly through to yearly payment frequencies. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Members can also select from reversionary pensions, binding death nomination and non-binding lump sum death benefits.LUCRF Super offers access to free consolidation and lost super search services, as well as member education programs and a mobile app. The LUCRF Community Partnership Trust continues to be actively involved in numerous community projects across Australia that reflect the core values of LUCRF, its employers and members.

Features and Fees

LUCRF Super Fees and Features

    Pros and Cons

    • Strong investment returns and low fees.
    • In-house contact centre and administration.
    • Commission-free financial advice.
    • Flexible insurance.
    • Secure mobile app and online account access.

    LUCRF Super was established in 1978 to provide for the retirement needs of members employed within a wide range of industries. The fund is a public offer fund and allows members from all industries to apply for membership. LUCRF Retirement Pension was established in 2007, with a minimum initial investment of $10,000 required to commence membership. LUCRF Retirement Pension offers an investment menu of 5 diversified options and 5 single sector options. The Balanced option underperformed the relevant SuperRatings Index over all assessed time periods to 30 June 2019.Fees are lower than the industry average across all account balances assessed. The fund does not charge a buy-sell spread or a switching fee.LUCRF Retirement Pension offers good pension flexibility, with members able to select from weekly through to yearly payment frequencies. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Members can also select from reversionary pensions, binding death nomination and non-binding lump sum death benefits.LUCRF Super offers access to free consolidation and lost super search services, as well as member education programs and a mobile app. The LUCRF Community Partnership Trust continues to be actively involved in numerous community projects across Australia that reflect the core values of LUCRF, its employers and members.

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    LUCRF Super Fees and Features

      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
      HIGH GROWTH
      CONSERVATIVE BALANCE
      GROWTH
      AUSTRALIAN SHARES
      INTERNATIONAL SHARES
      CAPITAL STABLE
      PROPERTY
      CASH
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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