SuperRatings Platinum 2021 MySuper

7 Yr Platinum Performance 2014-2021

Momentum Finalist 2021

MySuper of the Year Finalist 2021

Equip Super

Equip - MySuper

Equip is an industry fund founded in 1931 as the Provident Fund of the State Electricity Commission of Victoria with membership now open to the general public. In 2019, Equip partnered with Catholic Super in a joint venture under a shared trustee. The fund was nominated as a finalist for the 2021 MySuper of the Year and 2021 Momentum awards.The fund's MySuper offering comprises a single diversified investment option, Equip MySuper. The Equip MySuper option outperformed the SuperRatings Index over each time period assessed to 30 June 2020. Choice members are provided a choice of 6 Diversified and 6 Single Sector options, including the Sustainable Responsible Investments option for the ethical investor.Fees are competitive and lower than the industry average across all account balances assessed, and the asset-based administration fee is capped at $1,250 pa. Members can switch investment options at no cost.A full suite of insurance cover is offered, with salary-based or age-based Smart Cover, including Death and Total & Permanent Disablement (TPD) cover, automatically provided to eligible member upon joining the fund depending on employment status. Members can apply to increase their Death and TPD cover following the occurrence of a prescribed Life Event without additional underwriting. Income Protection (IP) is available covering up to 85% of salary with a 2-year benefit period following a 30, 60- or 90-day waiting period. Equip members can take advantage of free retirement seminars, as well as comprehensive financial planning services. The fund also offers a range of online tools, calculators, factsheets and educational videos. The fund's website further allows members to view and update account details, as well as perform transactions.