Club Plus Super - MySuper

Club Plus Super was established to service the retirement needs of members employed in the Club industry within NSW and ACT and is MySuper compliant. The fund is a public offer fund and allows members from all industries to apply for membership.The MySuper option is the fund's default investment option, whilst choice members may also select from a range of Diversified and Single Sector options, as well as a Direct Investment Option providing access to Direct Shares listed on the S&P/ASX 300, a range of Exchange Traded Funds (ETFs) and Term Deposits. The MySuper option outperformed the relevant SuperRatings Index over the 5 years to 30 June 2018.Fees are lower than the industry average across all account balances assessed. The fund does not charge switching fees, although an exit fee and buy-sell spread may apply.Club Plus Super's insurance offering allows eligible members to apply for up to $5 million of Death cover and up to $3 million of TPD cover. Members can also apply to increase cover following the occurrence of a prescribed Life Event without additional underwriting. Income Protection is available with a 2 year benefit covering up to 99.5% of salary, following a 21, 45 or 90 day waiting period. Long Term Income Protection to age 65 covering 84.5% of salary is available with a 2 year waiting period.The fund provides financial advice through Club Plus Financial Planning and offers low cost banking through ME Bank. The secure online facility; MemberAccess, allows members to view and update account details, as well as perform transactions.