Statewide Super was established in 1986 to provide for the retirement needs of South Australian workers, with the Statewide Super Pension Plan commencing in 1999. The fund is a public offer fund and allows members from all industries to apply for membership. Statewide Super offers an investment menu of 6 Diversified options and 4 Single Sector options. The Growth option outperformed the relevant SuperRatings Index over the 5 and 7 year periods to 30 June 2020.Fees for the pension product are lower than the industry average across all account balances assessed, with the administration fee capped at $750 pa. Members are entitled to one free investment switch per financial year and the fund does not charge buy-sell spreads.Statewide Super offers good 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 and non-binding lump sum death benefits.A great range of additional benefits are provided to members, including financial planning services, comprehensive banking products through ME Bank, discounted health insurance, as well as special offers through the Statewide Super's rewards program.

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