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Prime Super Retirement Income Stream

Past 5-year return
9.85%
Admin fee
$80
Calculated Fees on 50k
$604
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No information was provided by the fund to SuperRatings, hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS
Established in 1996, Prime Super is a not-for-profit industry super fund dedicated to servicing the retirement needs of members located in rural and regional Australia. The fund caters to a diverse range of sectors including farming, agricultural, health and aged care as well as recruitment, with membership now open to the general public. A minimum initial investment of $10,000 is required to commence a Retirement Income Stream.Prime Super Retirement Income Stream provides members with access to 6 Pre-Mixed and 5 Single Sector options. The Balanced option outperformed the SuperRatings Index over the 10 years to 30 June 2019. Fees are lower than the industry average across all account balances assessed and the asset-based administration fee does not apply on account balances in excess of $100,000. Furthermore, no fees apply for investment switches.Prime Super Retirement Income Stream offers a reasonable level of pension flexibility. Members have the option to receive their pension payments in a variety of frequencies, ranging from twice-monthly to annually. Members can also nominate a particular investment option from which pension payments are to be drawn or have payments drawn pro-rata across investment options. Beneficiary options include non-binding and binding death benefit nominations, as well as reversionary pensions.A range of online resources, including calculators and factsheets are available through the fund's website. Prime Super's secure MemberOnline allows members to view and update their account details as well as perform transactions. Full financial planning services are offered by Link Advice on a fee-for-service model.
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Fees & fund features

Admin fee
Admin fee
$80
Administration fee (%)
Administration fee (%)
0.59%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.46%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$80
Administration fee (%)
Administration fee (%)
0.59%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.46%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
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