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RetireSelect Super

Past 5-year return
New fund
Admin fee
$0
Calculated Fees on 50k
$620
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Simple online application form.
Simple core investment options, plus Self-Managed investment options.
Competitive group and retail insurance offers.
Easy to use online member portal.
Comprehensive financial advice available.
RetireSelect Super was established in November 2013 and offered through the MAP Superannuation Plan Division II. It is a public offer superannuation fund offering flexible investment choices.The RetireSelect Super investment menu consists of four Diversified strategies, a Cash option and a range of Super Wrap investment options, which include Managed Funds, Managed Account Portfolios, Direct Shares and Term Deposits. While limited performance history is available for this product, the Balanced option underperformed the SuperRatings Index over the 3 year period to 30 June 2018. Fees for this product are higher than the industry average across medium and large account balances assessed. A minimum administration fee of $120 pa applies to each account. A switching fee is charged after two free switches per annum, while an exit fee applies for leaving the fund.RetireSelect Super offers flexible insurance solutions with a choice of group life cover or retail insurance. Automatic Death & TPD cover is provided upon initially joining the fund. There is no limit to the amount of Death only cover a member can apply for, while Death & TPD cover is available up to a maximum of $3 million. Income Protection (IP) insurance is optional, covering 85% of a member's salary over a 2 year or to age 65 benefit period, with a choice of a 30 or 90 day waiting period. RetireSelect members have 24 hours a day access to their account online via the Secure Online Portal, where they can manage their account and perform transactions such as switching investment options and changing their group life insurance cover.
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Fees & fund features

Admin fee
Admin fee
$0
Administration fee (%)
Administration fee (%)
0.55%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.59%
Exit fee
Exit fee
$77
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.10%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$25
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
$0
Administration fee (%)
Administration fee (%)
0.55%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.59%
Exit fee
Exit fee
$77
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.10%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$25
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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