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LGIAsuper

LGIAsuper - Pension Account

Diversified Growth

Awards

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

Past 5-year return
9.12

% p.a

Admin fee

$52

Calc fees on 50k

$497

SuperRatings awards
SuperRatings Platinum 2021 Pension10 Yr Platinum Performance 2011-2021
Past 5-year return
9.12

% p.a

Admin fee

$52

Calc fees on 50k

$497

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

Quick pension fund review

For LGIAsuper - Pension Account

These are the benefits of this pension fund.

  • Extensive member education program.
  • Solid investment returns from a range of ready-made and single asset class options.
  • Unique understanding of Queensland local government and the needs of members while they work and the years beyond.
  • Free annual investment update seminar.
  • In-house administration.

LGIAsuper is an industry fund established in 1965 to cater to the retirement needs of current and former Queensland local government employees and their spouses, with membership now open to the general public. On July 2021, LGIAsuper merged with Energy Super to create one of the largest Queensland-based super funds. The LGIAsuper Pension Account opened in 1993 and requires a minimum initial investment of $50,000 to commence membership.LGIAsuper offers a range of 12 investment options to choose from, providing members with access to 5 Ready-Made and 5 Single Asset options, as well as 2 Socially Responsible options. The Diversified Growth option outperformed the SuperRatings Index over all assessed time periods to 30 June 2020.Fees are lower than the industry average across all account balances assessed, with the percentage-based administration fee capped at $900 pa. Members are able to switch investment options at no cost. LGIAsuper provides good flexibility, with members having the ability to receive pension payments fortnightly through to 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 comprehensive, including binding and non-binding nominations, as well as reversionary pensions. LGIAsuper provides members with access to free seminars across Queensland, as well as a range of online fact sheets, calculators, educational videos, and comprehensive financial planning services. LGIAsuper's Member Online further allows members to perform transactions, as well as view and update account details.

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Pension fund overview

For LGIAsuper - Pension Account

TMD

    Target Market Determination

    Visit LGIAsuper 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
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    ALTERNATIVES
    FIXED INTEREST
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    Investment option performance
    BALANCED
    CONSERVATIVE BALANCE
    SECURE
    DIVERSIFIED FIXED INTEREST
    GROWTH
    AUSTRALIAN SHARES
    INTERNATIONAL SHARES
    CAPITAL STABLE
    PROPERTY
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    + View additional option performance information