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Maritime Super

Maritime Super - Allocated Pension

Balanced

Awards

Winner of SuperRatings Silver 2021 MyChoice Super, SuperRatings Silver 2021 Pension

Past 5-year return
New

% p.a

Admin fee

$65

Calc fees on 50k

$740

SuperRatings awards
SuperRatings Silver 2021 MyChoice SuperSuperRatings Silver 2021 Pension
Past 5-year return
New

% p.a

Admin fee

$65

Calc fees on 50k

$740

SuperRatings awards
SuperRatings Silver 2021 MyChoice SuperSuperRatings Silver 2021 Pension

Quick pension fund review

For Maritime Super - Allocated Pension

These are the benefits of this pension fund.

  • Member services and education program available designed to help members make informed retirement decisions.
  • Added benefits through associated providers, such as home loans and other banking products.
  • Interactive online member site allowing members to switch and update personal details.

Maritime Super was established in 2009 from the merger between the Seafarers' Retirement Fund (SRF) and Stevedoring Employees Retirement Fund (SERF). A minimum initial investment of $30,000 is required to join the fund’s Pension Division. Members have access to 10 Diversified and Single-Sector investment strategies, including a Growth option with active volatility management, as well as a Fixed Term investment option. The fund's Balanced option underperformed the SuperRatings Index over all assessed time periods to 30 June 2020.Fees are higher than the industry average across all assessed account balances; however, the asset-based administration fee does not apply on account balances over $500,000. Members can perform investment switches at no cost. A reasonable level of pension flexibility and choice is provided, enabling members to select from 4 pension payment frequencies, ranging from monthly to annually. Members with more than one investment option can nominate the proportion of payments to be drawn from each option or have pension payments drawn proportionately across their investment options. Beneficiary options include both binding and non-binding nominations, as well as reversionary pensions.Maritime Super members have access to free phone-based advice and comprehensive financial planning services on a fee-for-service basis. Educational videos, calculators and an online rollover tool can also be accessed through the fund’s website, mobile application and enhanced member online portal.

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Pension fund overview

For Maritime Super - Allocated Pension

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    Target Market Determination

    Visit Maritime Super to view Target Market Determination.

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    Fund fees vs. Industry average
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    Fund past-5-year return vs. Industry average
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    Investment option performance
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