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Winner of Other, RateCity Gold Awards 2021

Lesf and Macmahon Super Pension Plan

Past 5-year return
New

% p.a

Admin fee

$20

Calc fees on 50k

$550

SuperRatings awards
Other
Past 5-year return
New

% p.a

Admin fee

$20

Calc fees on 50k

$550

SuperRatings awards
Other

Pros and Cons

  • 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

Lesf and Macmahon Super is a public-offer fund established in 1989 as the Queensland Law Society Superannuation Scheme, offering a simple superannuation solution to its members across all industries. Lesf and Macmahon Pension Plan requires a minimum initial investment of $20,000 to commence membership and a Transition to Retirement Pension is also available. The investment menu consists of two Diversified and a Single-Sector investment strategy. Past performance of the fund is not readily available and therefore cannot be accurately assessed against the relevant SuperRatings indices.Fees are lower than the industry average across small and medium account balances assessed; however, higher than the industry average on large account balances. Member can make investment switches at no cost.Lesf and Macmahon Pension Plan offers members the choice of receiving their pension payments either monthly, quarterly or annually, with the payment date set by the fund. Beneficiary options are comprehensive, including binding and non-binding death benefit nominations, as well as reversionary pensions. Pension payments are drawn proportionately across the member’s investment options.Lesf and Macmahon Super offers members educational materials and newsletters from its website. Members can view their account information, update their details, transact with the fund and produce a range of reports via a secure online portal.

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    Fund fees vs. Industry average
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    INDUSTRY AVERAGE
    Fund past-5-year return vs. Industry average
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    INDUSTRY AVERAGE
    Investment allocation
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