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ING Living Super

Past 5-year return
6.58%
Admin fee
$60
Calculated Fees on 50k
$510
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Simple and online super solution. For all stages of life.
Competitive investment and administration fees
Access to real-time online share trading
Automatic insurance cover provided for eligible super accounts
Pension and Transition to Retirement account options available for eligible customers to draw regular income
Established in 2012, ING Living Super is an online accumulation product that can be tailored to suit the needs of members and allows access to real-time online share trading. The fund’s investment menu is divided into four investment categories, Safe, Smart, Select and Shares, with access to Cash and Term deposits, which are managed by ING DIRECT, 3 Diversified options, 6 Single Sector options, Direct Shares listed on the S&P/ASX 300 and a range of Exchange Traded Funds (ETFs). The Growth option underperformed the SuperRatings Index over the 3 years to 30 June 2018.ING Living Super’s fee structure includes a flat administration fee of $60 p.a. and an Operational Risk Financial Requirement (ORFR) fee of 0.03% - 0.14% for all accounts, as well as an Indirect Cost Ratio of up to 0.08% that applies to Smart and a number of Select investment options. A percentage-based administration fee of 0.50% up to $2,500 p. a. is also charged for investments from the Select, Smart or Shares investment categories. For managed funds held within Smart and Select investment categories, an Investment fee and Buy-Sell spread may also apply. ING Living Super offers members a full suite of insurance cover, with eligible members provided with automatic Death and Total & Permanent Disablement (TPD) cover upon joining the fund. Members can apply for unlimited Death cover and up to $5 million of TPD insurance. Income Protection (IP) covering a maximum of 85% of salary up to $30,000 per month is also available for a 2 year benefit period or to age 67, with a choice of 30, 60 and 90 day waiting periods. Additional benefits available include access to financial advice services, educational material, interactive tools and calculators, as well as the ability to view and update account details and perform transactions online.
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Fees & fund features

Admin fee
Admin fee
$60
Administration fee (%)
Administration fee (%)
0.64%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.01%
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
0.25%
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
$60
Administration fee (%)
Administration fee (%)
0.64%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.01%
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
0.25%
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
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