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AMIST Super

Past 5-year return
7.44%
Admin fee
$88
Calculated Fees on 50k
$423
Compare
Low fees.
Affinity with members and employers.
Choice of 6 investment options (including a MySuper option).
Comprehensive and complete financial advice.
Education seminars nationwide member service visits.
Member specific over the phone financial advice at no extra cost.
Default Death and TPD and automatic Income Protection cover at reasonable rates.
AMIST (Australian Meat Industry Superannuation Trust) Super is an industry fund originally established to serve members in the meat industry, with membership now open to the general public.AMIST Super's investment menu consists of six Diversified and Single-Sector investment options suitable for members with different risk profiles. The Balanced option outperformed the SuperRatings Index over the 3 year and 5 year periods to 30 June 2018; however, underperformed over the longer term.Fees for the Balanced option are lower than the industry average across all account balances assessed. An exit fee applies for withdrawals, while investment switches are free of charge.Eligible members under age 70 automatically receive Death only, Total & Permanent Disablement (TPD) and Income Protection (IP) cover upon joining the fund. Members can increase their existing Death & TPD cover upon the occurrence of certain Life Events, with no health questions required. IP cover is provided up to a maximum of 75% of salary, or a maximum monthly benefit of $50,000, with a 2 year benefit payment period and a 30 day waiting period. AMIST members are provided with ancillary benefits, including discounted home loans, credit cards, savings accounts and health insurance. Members also have access to financial planning services via Link Advice and can request rollovers through the online MemberAccess portal.
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Fees & fund features

Admin fee
Admin fee
$88
Administration fee (%)
Administration fee (%)
0.00%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.14%
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.53%
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
$88
Administration fee (%)
Administration fee (%)
0.00%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.14%
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.53%
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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FAQs

The value of your assets affects whether you can qualify for the age pension – and, if so, how much.

The following assets are exempt from the assets test:

  • your principal home and up to two hectares of used land on the same title
  • all Australian superannuation investments from which a pension is not being paid – this exemption is valid until you reach age pension age
  • any property or money left to you in an estate, which you can’t get for up to 12 months
  • a cemetery plot and a prepaid funeral, or up to two funeral bonds, that cost no more than the allowable limit
  • aids for people with disability
  • money from the National Disability Insurance Scheme for people with disability
  • principal home sale proceeds you’ll use to buy another home within 12 months
  • accommodation bonds paid on entry to residential aged care
  • any interest not created by you or your partner
  • a Special Disability Trust if it meets certain requirements
  • your principal home, if you vacate it for up to 12 months
  • granny flat rights where you pay more than the extra allowable amount

For full pensions, reductions apply when your assessable assets exceed these thresholds:

Category

Home owners

Non-home owners

Singles

$253,750

$456,750

Couples living together

$380,500

$583,500

Couples living apart due to ill health

$380,500

$583,500

Couples with only one partner eligible

$380,500

$583,500

For part pensions, reductions apply when your assessable assets exceed these thresholds:

Category

Home owners

Non-home owners

Singles

$550,000

$753,000

Couples living together

$827,000

$1,030,000

Couples living apart due to ill health

$973,000

$1,176,000

Couples with only one partner eligible

$827,000

$1,030,000

For transitional rate pensions, reductions apply when your assessable assets exceed these thresholds:

Category

Home owners

Non-home owners

Singles

$503,250

$706,250

Couples living together

$783,000

$986,000

Couples living apart due to ill health

$879,500

$1,082,500

Couples with only one partner eligible

$783,000

$986,000

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