Club Plus Super - MySuper

Club Plus Super was set up for Club Industry employees in NSW and the ACT, with membership also open to the general public. The fund's MySuper offering comprises a single diversified investment option, MySuper. The MySuper option has outperformed the SuperRatings Index over the short and long term. Choice members have access to a choice of 7 investment 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.Club Plus Super's fees are higher than the industry average across medium and large account balances assessed. No fees are charged for switching investments; however, an exit fee will be deducted when making a withdrawal or leaving the fund. 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. Short Term IP covers 90% of income plus SG contributions, subject to a maximum of $30,000 per month, with a choice of waiting periods. Long Term Income Protection Cover up to age 65 is also available to a maximum of 75% of salary plus SG contributions. Club Plus Super provides financial advice through Club Plus Financial Planning, and also offers low cost banking through ME Bank. The secure online facility; MemberAccess, allows members to view and updated account details, as well as perform transactions.