legalsuper

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Past 5-year return
10.76%
Admin fee
$68
Calculated Fees on 50k
$658
Dominant fund for national legal profession (1/3 of national profession are members)
High level of automatic insurance
Field team to service member and employer base
Ancillary benefits (8% NIB health insurance discount, Members Equity, Link Advice)
Established in 1989, legalsuper is a public offer industry fund dedicated to serving the legal community. The fund was a finalist for the 2017 SuperRatings Rising Star Award, in recognition of its consistent improvements to its product offering which have significantly enhanced value to members. The overall competitiveness of legalsuper's offering has also resulted in the fund receiving a 2018 Platinum rating for the first time.Employer sponsored members have access to 12 Diversified and Single-Sector investment strategies, which include a default MySuper Balanced option and Socially Responsible option. Furthermore, access to a selection of shares, ETFs, LICs and term deposits is also available via the Direct Investment Option, however, additional costs may be incurred. The Balanced option has outperformed the SuperRatings Index over the short and long term, providing members with top quartile returns.Fees for the Balanced option are lower than the industry average across all assessed account balances, with the administration fee capped for account balances over $350,000 as at 30 June. Switching fees are not charged, although transactional costs may be incurred when changing investment options. Exit fees do apply.legalsuper's Death Only, Death & TPD and Income Protection (IP) offerings are competitive compared to industry peers, with default Death & TPD cover provided to eligible members joining the fund. Members can also apply for unlimited Death Only cover and up to $3 million of Death & TPD insurance. IP offers benefit payment periods of 2 years, to age 60 or to age 65.Members have access to workplace seminars and one-on-one meetings with Client Service Managers. legalsuper supports professional development for its members, and has been working with SANE Australian on Mental Health Programs.

Fees & fund features

Admin fee
Admin fee
$68
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.74%
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
$68
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.74%
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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