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NGS Super - Industry Plan

Past 5-year return
8.16%
Admin fee
$65
Calculated Fees on 50k
$615
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Strong focus on member education.
Cost effective financial planning service.
Low cost banking products provided through ME.
NGS Super was established in 1988 as an industry super fund dedicated to people who work in education and community-focused organisations. Members from outside these industry groups can join the Personal Plan and receive the same benefits. The fund is Infinity Recognised, which is a result of its strong commitment to environmental and social principles. NGS Super offers a range of 13 investment options to choose from, providing members with access to 7 Pre-Mixed and 6 Sector-Specific options. The NGS Self-Managed option is offered to members who wish to take greater control over their investments, providing direct access to shares listed on the S&P/ASX 300, a range of Exchange Traded Funds (ETFs) and Term Deposits. The Diversified (MySuper) option outperformed the SuperRatings Index over the 5 years to 30 June 2018, and outperformance over the 10 year period is also evident.Fees are lower than the industry average across all member account balances assessed, with a maximum cap of $500 pa for the asset administration fee. Members are able to switch investment options and make withdrawals at no cost.A full suite of insurance cover is offered, with Death, Total & Permanent Disablement (TPD) and Income Protection (IP) insurance cover automatically provided to eligible members upon joining the fund. Income Protection with a benefit period of 2 years, 5 years, to age 65 or to age 67, covering up to 90% of salary, is available following a 30, 60 or 90 day waiting period. Members can apply to increase their Death, TPD or IP cover following the occurrence of a prescribed Life Event without additional underwriting.A range of online tools, calculators and educational resources are available through the fund's website, with an online advice tool, NGS SuperMap, and free seminars also on offer. The fund's secure website, Member Online, further enables members to view and update their accounts online, as well as perform transactions.
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Fees & fund features

Admin fee
Admin fee
$65
Administration fee (%)
Administration fee (%)
0.10%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.26%
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
0.74%
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
$65
Administration fee (%)
Administration fee (%)
0.10%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.26%
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
0.74%
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
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