MTAA Super

MTAA Super Pension

No. of members: 201273
Fund size: $12.4b
Public offer:
Product type: Industry-Allocated Pension
Target market: -
Year started: 2006
Past 5-year return
6.76%
Admin fee

$78

Calc fees on 50k

$418

SuperRatings awards
Past 5-year return
6.76%
Admin fee

$78

Calc fees on 50k

$418

SuperRatings awards

Pros and Cons

Pros and Cons

  • Low fees.
  • Regular member communication including 6 monthly member magazine.
  • Online pension facility and Mobile App to track super details.
  • Superannuation advice by qualified financial planners - face-to-face nationally at no additional cost.
  • 5 payment frequencies.
  • Transition to Retirement Pension available.
  • Free national financial education programs.
  • Partner benefits through NIB Health and ME Bank.

Summary

MTAA Super was established in 1989 to provide for the retirement needs of members employed within the retail motor trades and allied industries. The fund is a public offer fund and allows members from all industries to apply for membership. MTAA Super Pension was launched in 2006, with a minimum initial investment of $10,000 required to commence membership.MTAA Super offers an investment menu of 4 Diversified options and 4 Single Sector options. The Balanced option underperformed the relevant SuperRatings Index over the 10 years to 30 June 2019, although it outperformed over the shorter term.Fees are lower than the industry average across all account balances assessed, with the administration fee capped at $528 pa. The fund does not charge investment switching fees, although a buy-sell spread may apply.MTAA Super Pension offers good pension flexibility with members able to select from fortnightly through to annually payment frequencies. Members with more than one investment option can nominate the proportion of, or order in which, payments are to be drawn from each option. Members can also select from reversionary pension, binding death nomination and non-binding lump sum death benefits.Comprehensive member services are offered by MTAA Super, including online access to account information and transactions, online calculators, free member workshops, phone based limited personal advice service and financial planning advice.

Features and Fees

MTAA Super Fees and Features

    Pros and Cons

    • Low fees.
    • Regular member communication including 6 monthly member magazine.
    • Online pension facility and Mobile App to track super details.
    • Superannuation advice by qualified financial planners - face-to-face nationally at no additional cost.
    • 5 payment frequencies.
    • Transition to Retirement Pension available.
    • Free national financial education programs.
    • Partner benefits through NIB Health and ME Bank.

    MTAA Super was established in 1989 to provide for the retirement needs of members employed within the retail motor trades and allied industries. The fund is a public offer fund and allows members from all industries to apply for membership. MTAA Super Pension was launched in 2006, with a minimum initial investment of $10,000 required to commence membership.MTAA Super offers an investment menu of 4 Diversified options and 4 Single Sector options. The Balanced option underperformed the relevant SuperRatings Index over the 10 years to 30 June 2019, although it outperformed over the shorter term.Fees are lower than the industry average across all account balances assessed, with the administration fee capped at $528 pa. The fund does not charge investment switching fees, although a buy-sell spread may apply.MTAA Super Pension offers good pension flexibility with members able to select from fortnightly through to annually payment frequencies. Members with more than one investment option can nominate the proportion of, or order in which, payments are to be drawn from each option. Members can also select from reversionary pension, binding death nomination and non-binding lump sum death benefits.Comprehensive member services are offered by MTAA Super, including online access to account information and transactions, online calculators, free member workshops, phone based limited personal advice service and financial planning advice.

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    MTAA Super Fees and Features

      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
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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