HESTA - Industry Super Plan

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Past 5-year return
10.33%
Admin fee
$65
Calculated Fees on 50k
$630
Portability - more employer sponsors than any other fund in our market.
Low weekly administration fee and no entry, exit or switching fees.
Provision of free limited personal financial advice to members using fund resources (rather than a third party).
Strong long-term returns.
No commissions to agents.
Ability to transfer into a HESTA Income Stream.
Free insurance cover for up to 12 months when a member is on parental leave (subject to conditions).
Winner of the 2018 Career Fund of the Year award, HESTA is the largest industry fund for people in Health and Community Services, with membership also open to the general public. The fund has achieved a Platinum rating for the past 15 consecutive years and is also Infinity Recognised, which is a result of its strong commitment to environmental and social principles. Members are provided with a range of investment options to choose from, including direct access to a number of unique options such as Infrastructure, Private Equity and Global Bonds. The Core Pool option has outperformed the SuperRatings Index over both the short and long term, while historical returns across all other options have also been strong. Fees are competitive and lower than the industry average across all account balances assessed. Members are able to switch investment options and make withdrawals at no cost. HESTA provides members with a full suite of insurance cover. Default cover includes 2 units of Death cover plus 2 units of Income Protection (IP) cover, with default IP cover available to age 67 with a 90 day waiting period. Alternatively, members can choose to reduce the benefit payment period to age 60 or to 2 years, with a selection of 30, 60 and 90 day waiting periods.A great range of additional benefits are provided to members including free scaled advice, discounted health insurance and low cost banking services through ME.

Fees & fund features

Admin fee
Admin fee
$65
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.81%
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
$65
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.81%
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 fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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