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LESF Pension Plan

Past 5-year return
New fund
Admin fee
$0
Calculated Fees on 50k
$605
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No information was provided by the fund to SuperRatings, hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS
LESF Super is a public-offer fund established in 1989 as the Queensland Law Society Superannuation Scheme, offering a simple superannuation solution to its members across all industries. LESF Pension Plan requires a minimum initial investment of $20,000 to commence membership. The investment menu consists of six Diversified and Single-Sector investment strategies. The default Balanced option underperformed the SuperRatings Index over the 3 year period to 30 June 2018.Fees are lower than the industry average across small and medium account balances assessed; however, higher than the average fund on large account balances. Transaction fees are not charged for withdrawals or investment switches.LESF Pension Plan offers members the choice of receiving their pension payments either monthly, quarterly, half-yearly or annually, with the payment date set by the fund. Beneficiary options include non-binding, binding and non-lapsing binding death benefit nominations, as well as reversionary pensions. Pension payments are drawn proportionately across the member’s investment options.LESF Super offers members educational materials and newsletters from its website. Members can view their account information, update their details, transact with the fund and produce a range of reports via a secure online portal.
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Fees & fund features

Admin fee
Admin fee
$0
Administration fee (%)
Administration fee (%)
0.75%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.46%
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
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 (%)
0.75%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.46%
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
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
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