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Commonwealth Superannuation Corporation

Commonwealth Superannuation Corporation retirement income

Aggressive

Awards

Winner of SuperRatings Platinum 2021 Pension

Past 5-year return
11.81

% p.a

Admin fee

$240

Calc fees on 50k

$805

SuperRatings awards
SuperRatings Platinum 2021 Pension
Past 5-year return
11.81

% p.a

Admin fee

$240

Calc fees on 50k

$805

SuperRatings awards
SuperRatings Platinum 2021 Pension

Quick pension fund review

For Commonwealth Superannuation Corporation retirement income

These are the benefits of this pension fund.

  • A retirement and transition to retirement product specifically for Australian Government employees .
  • Free Holistic retirement education, retirement planning Seminars and workshops.
  • All APS members can use external monies to establish a CSCri account.
  • Members can add additional money via the 'Restart option'.

Commonwealth Superannuation Corporation retirement income (CSCri) was established in 2013 to provide for the retirement needs of employees of the Australian Government and other participating employers. A minimum initial investment of $20,000 is required to commence membership. CSCri offers an investment menu of 3 Diversified options and a Cash option. The Balanced option underperformed the relevant SuperRatings Index over the year to 30 June 2020 albeit outperformed over the longer term. Please note that the rated Balanced option sits within the Conservative Balanced (41-59%) option category.Fees are higher than the industry average across all account balances assessed. The fund allows members two free investment switches per financial year before charging a switching fee, although a buy/sell spread may apply.CSCri offers a good level of pension flexibility with members able to select from fortnightly through to annual 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, non-binding lump sum death benefits and child nominations.The fund provides members with access to free in-house and public workshops around Australia, as well as a range of online fact sheets, calculators and educational videos. Member Services Online allows members to view and update account details, as well as perform transactions.

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Pension fund overview

For Commonwealth Superannuation Corporation retirement income

TMD

    Target Market Determination

    Visit Commonwealth Superannuation Corporation to view 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
    CAPITAL STABLE
    CASH
    + View additional option performance information