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MTAA Super

Spirit Super Control Pension

Balanced

Awards

Winner of SuperRatings Platinum 2021 Pension

Past 5-year return
9.69

% p.a

Admin fee

$68

Calc fees on 50k

$488

SuperRatings awards
SuperRatings Platinum 2021 Pension
Past 5-year return
9.69

% p.a

Admin fee

$68

Calc fees on 50k

$488

SuperRatings awards
SuperRatings Platinum 2021 Pension

Quick pension fund review

For Spirit Super Control Pension

These are the benefits of this pension fund.

  • Pension Transfer Bonus - providing a cash amount to members who transition from accumulation to a pension product with Spirit Super
  • Transition to Retirement Pension available.
  • Online pension facility and Mobile App to track super details.
  • Superannuation advice by qualified financial planners - face-to-face nationally at no additional cost.
  • Free national financial education programs.

Spirit Super was established in April 2021 as a result of the merger between MTAA Super & Tasplan Super. The fund is a public offer fund and allows members from all industries to apply for membership. A minimum initial investment of $20,000 is required to commence a Spirit Super Control Pension account.Spirit Super offers an investment menu of 5 Diversified options and 4 Single Sector options. The Balanced option underperformed the relevant SuperRatings Index over the 1- and 10-year periods to 30 June 2020, although outperformed over other time periods assessed.Fees are lower than the industry average across all account balances assessed, with the percentage-based administration fee capped at $450 pa. The fund does not charge an investment switching fee or buy-sell spread.Spirit Super Control Pension offers good pension flexibility, with a choice of multiple payment frequencies, ranging from fortnightly to annually. Members with more than one investment option can nominate the proportion of payments to be drawn from each option or have their payments made proportionately across their account balance. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions.Comprehensive member services are offered by Spirit Super, including high quality educational material, online access to account information and transactions, online calculators, as well as access to a range of advice services. A Retirement Bonus is also offered to eligible members to boost retirement savings.

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Pension fund overview

For Spirit Super Control Pension

TMD

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

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