BUSSQ - Premium Choice

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Past 5-year return
11.03%
Admin fee
$78
Calculated Fees on 50k
$553
Online services provided for account access, investment information, transaction switching and increasing insurance
All profits returned to members.
Full suite of Death, TPD and Income Protection (IP) on offer as well as access to IP through CIPQ for self-employed persons
Access to advice at no extra cost, either over the phone or in-person.
Free member retirement planning seminars.
BUSSQ was established in 1985 and was founded upon serving members from the building, construction and civil industries. The fund is public offer and available to members across all industries. Premium Choice offers members the ability to select from three diversified and eight single sector investment options. BUSSQ Premium Choice Balanced Growth has outperformed the relevant SuperRatings Index over the long term. Fees for the BUSSQ Premium Choice Balanced Growth investment option are lower than the industry average across all account balances assessed. The product does not have a buy-sell spread or switching fee, but exit fees will apply. BUSSQ's insurance offering allows eligible members to apply up to $5 million of Death cover and $3 million of TPD cover. Members also have the added flexibility to increase their Death and TPD insurance upon the occurrence of certain life events without the need of a medical. Income Protection of up to 85% of salary will be available to eligible BUSSQ Premium members. Members will be able to select from 30 or 60 day waiting periods for their income protection. Insurance calculators are available online to assist members with appropriate levels of insurance and Budget Cover is available for younger members. BUSSQ Premium Choice offers members tailored financial education and advice through Skylight Financial Solutions as well as a range of free seminars, online transactions and lost superannuation consolidation services.

Fees & fund features

Admin fee
Admin fee
$78
Exit fee
Exit fee
$30
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
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
$78
Exit fee
Exit fee
$30
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
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
+ View additional option performance information
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