BOC Super

BOC Super was established in 1937 to provide retirement benefits to current and former employees of BOC Limited, including their spouse. The fund offers a simple investment menu consisting of 3 Diversified options and a Cash option. The High Growth option outperformed the SuperRatings Index over the 3 year and 5 year periods to 30 June 2018. Administration fees are paid by BOC Limited on behalf of the member, and the calculated investment costs payable by the member are lower than the industry average across all account balances assessed. Relevant transaction costs are payable by the member, with the first investment switch each year free of charge and exit fees applicable on partial and full withdrawals.BOC Limited also meets the costs of providing permanent employees with standard Death and Total & Permanent Disablement (TPD) cover, as well as Income Protection (IP) insurance for those who work more than 14 hours per week. As cover and premiums are based on a member's age and salary, costs and assessment are not shown in this report. Members can also apply for additional voluntary Death cover up to $2.5 million.Members are provided with monthly newsletters and educational materials through the fund’s website. Members can also view their account details and perform transactions via the fund's secure online access.