Catholic Super

Catholic Super is a division of the MyLifeMyMoney Superannuation Fund, which was established in 1971 to offer superannuation for the employed and the self-employed. The fund has achieved a Platinum rating for the past 12 consecutive years and is also Infinity Recognised, which is a result of its strong commitment to environmental and social principles.The investment menu covers a broad range of 'Managed Choice' and 'Build Your Own' options, as well as the MyLife MyPortfolio Investment Option providing access to Direct Shares listed on the S&P/ASX 200, a range of Exchange Traded Funds (ETFs) and Term Deposits. The Balanced (MySuper) option has outperformed the SuperRatings Index over the short and long term. The fund's Australian Shares option was also the best performing option in the SR50 Australian Shares Index for the five years to 30 June 2017.Fees are higher than the industry average across all account balances assessed. No fees are charged for switching investments; however, withdrawal and exit fees are applied. A full suite of insurance cover is offered, with Death, Total & Permanent Disablement (TPD) and Income Protection (IP) insurance cover automatically provided upon joining the fund. Income Protection is available to a maximum of 85% of salary, with benefit payment periods of 5 years, to age 65 or to age 70, and a choice of a 30 day and a 60 day waiting period.Catholic Super provides members with access to a free seminar program, as well as a range of online fact sheets, calculators and educational videos. The fund's secure online facility, MyLife Online, further allows members to view and update account details and perform transactions.