$156
$591

Pros and Cons
Pros and Cons
- 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
Summary
Lutheran Super is the superannuation fund dedicated to the benefit of employees & former employees of the Lutheran Church of Australia and their spouse. The Pension category provides members with a regular income stream in retirement. A minimum initial investment of $50,000 is required to commence membership.The investment menu consists of 8 investment options, including 2 Socially Responsible investment options for the ethical investor. Lutheran Super's Balanced Growth option outperformed the SuperRatings Index over all assessed time periods to 30 June 2020.Lutheran Super's fees are lower than the industry average across all account balances assessed. Members are able to switch investment options at no cost.Lutheran Super offers reasonable flexibility, with members having the ability to receive payments monthly, quarterly or yearly, on a date set by the fund. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Beneficiary options include binding, non-binding and reversionary death benefit nominations. Lutheran Super offers a range of calculators, educational webinars and reporting publications on its website. Members can also access their account online and perform transactions.
Features and Fees
Lutheran Super Fees and Features
Pros and Cons
- 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
Lutheran Super is the superannuation fund dedicated to the benefit of employees & former employees of the Lutheran Church of Australia and their spouse. The Pension category provides members with a regular income stream in retirement. A minimum initial investment of $50,000 is required to commence membership.The investment menu consists of 8 investment options, including 2 Socially Responsible investment options for the ethical investor. Lutheran Super's Balanced Growth option outperformed the SuperRatings Index over all assessed time periods to 30 June 2020.Lutheran Super's fees are lower than the industry average across all account balances assessed. Members are able to switch investment options at no cost.Lutheran Super offers reasonable flexibility, with members having the ability to receive payments monthly, quarterly or yearly, on a date set by the fund. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Beneficiary options include binding, non-binding and reversionary death benefit nominations. Lutheran Super offers a range of calculators, educational webinars and reporting publications on its website. Members can also access their account online and perform transactions.
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Lutheran Super Fees and Features
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
Past 5-year return 6.00% | Admin fee $156 | Company Promoted ![]() | Calc fees on 50k $591 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards ![]() | Go to site | Winner of Other, RateCity Gold Awards 2020 More details | Highlighted |