NGS Super - Income Account
- Last updated on 10 Jul 2020
Pay no transaction or switching fees and enjoy a range of different investment options
NGS Super was established in 1988 as an industry super fund dedicated to people who work in education and community-focused organisations. The fund is Infinity Recognised, which is a result of its strong commitment to environmental and social principles.NGS Super offers a range of 15 investment options to choose from, providing members with access to 9 Pre-Mixed and 6 Sector-Specific options, including the Retire Plus option which is specifically tailored to members in the retirement phase. The NGS Self-Managed option is offered to members who wish to take greater control over their investments, providing direct access to shares listed on the S&P/ASX 300, a range of exchange traded funds (ETFs) and term deposits. The Diversified option outperformed the SuperRatings Index over the 5 years to 30 June 2019.Fees are lower than the industry average across all account balances assessed, with the asset-based administration fee capped at $500 pa. Members are able to switch investment options at no cost.NGS Super provides excellent flexibility, with members having the ability to receive pension payments fortnightly through to annually. Pension payments can be indexed each year by a nominated percentage or in accordance with CPI. Members with more than one investment option can nominate the proportion of, or order in which, payments are to be drawn from each option. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions.A range of online tools, calculators and educational resources are available through the fund's website, with an online advice tool, NGS SuperMap, and free seminars also on offer. The fund's secure website, Member Online, further enables members to view and update their accounts online, as well as perform transactions.
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NGS Super - Income Account
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