Past 5-year return
11.03%Admin fee
$78Calculated Fees on 50k
$553Online 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 past-5-year return vs. Industry average
Investment allocation
+ View additional option performance information
Company | Product | Past 5-year return | Admin fee | Past 5-year return | Calculated Fees on 50k | Features | SuperRatings awards | Go To Site |
|---|---|---|---|---|---|---|---|---|
 | Past 5-year return 11.03% | Admin fee $78 | Past 5-year return 11.03% | Calculated Fees on 50k $553 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards   | Compare | |
| Past 5-year return 11.03% | Admin fee $78 | Past 5-year return 11.03% | Calculated Fees on 50k $553 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards  | Compare |
As seen on
