MTAA Super Pension
- Last updated on 02 Jul 2020
Pay no transaction or switching fees and enjoy a range of different investment options
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.
Administration fee (%)
Indirect cost ratio (%)
Financial planning service
Employer size discount
Insurance life event increases
Non-lapsing binding nominations
Long term income protection
Account size discount
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment option performance
Past 5-year return
Calc fees on 50k
Go to site
MTAA Super Pension
Variety of options
Popular pension funds products
AustralianSuper Choice Income Account
- Strong investment returns and low fees
- Flexible investment choice - 11 options including the Member Direct
- Free retirement seminars and webcasts
- Full online account access at any time via PensionOnline
netwealth Super Wrap - Standard Income Stream
- Wide range of investment options including managed funds, direct equities, international shares, term deposits.
- Free switching between managed funds.
- Access to international shares.
- Selected term deposits offered by authorised deposit taking institutions.