CSC PSSap - MySuper

No. of members:

137876

Fund size:

$14.4b

Public offer:

Product type:

Government-MySuper

Target market:

Public Sector

Year started:

2013

- Last updated on 13 Jul 2020

QSuper Lifetime

Pay no transaction or switching fees and enjoy a range of different investment options

SuperRatings awards

Past 5-year return

5.84%

Access to subsidised financial planning and an award-winning contact centre.Flexible insurance options with coverage to age 70.

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QSuper terms and conditions

Super summary
Fees & fund features
Performance
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Past 5-year return

4.53%

Admin fee

$84

Calc fees on 50k

$689

SuperRatings awards

A profit for members fund created specifically to support the needs of current and past Australian Government employees.

Investment expertise consistently delivering risk adjusted returns which result in strong net benefit growth to members.

Access to trusted and independent superannuation guidance ranging from online, public and one to one education seminars through to a member's best interests financial planning service offered on a fee-for-service basis.

Access to PSSap's exclusive lifePLUS cover providing strong recovery and rehabilitation support which is underpinned by dedicated case managers throughout a member's claim.

CSC PSSap MySuper was established to service the retirement needs of employees of the Australian Government and other participating employers. The fund is only available to current and former employees. CSC PSSap was nominated as a finalist for the 2020 Smooth Ride Award.The MySuper Balanced option is the fund's default investment option, whilst choice members may select from two additional Diversified options and a Cash option. The MySuper Balanced option outperformed the relevant SuperRatings Index over the 5 years to 30 June 2019.Fees are higher than the industry average across medium and larger account balances assessed. The fund allows members two free investment switches per financial year before charging a switching fee, although a buy/sell spread may apply.A full suite of insurance cover is offered through the fund's lifePLUS cover, with the default insurance arrangement, lifePLUS auto cover providing eligible members with aged-based Death and TPD cover, as well as income protection cover, upon joining the fund. The lifePLUS choice cover allows members to customise their insurance, with the LIFEapp enabling members to get a quote and apply for additional fixed cover online.The fund provides members with access to free in-house and public seminars, as well as a range of online fact sheets, calculators and educational content. PSSap Member Online allows members to update account details and perform transactions.

Commonwealth Superannuation Corporation Fees and Features

Admin fee $84	Health insurance
Administration fee (%)	Binding nominations
Indirect cost ratio (%) 1.21%	Anti-detriment payments
Exit fee $0	Switching fee $20
Financial planning service	Employer size discount
Credit cards	Home loans
Insurance life event increases	Non-lapsing binding nominations
Investment fee	Long term income protection
Account size discount

Fund fees vs. Industry average

THIS FUND

INDUSTRY AVERAGE

Fund past-5-year return vs. Industry average

THIS FUND

INDUSTRY AVERAGE

Investment allocation

INTERNATIONAL SHARES

AUSTRALIAN SHARES

PROPERTY

ALTERNATIVES

FIXED INTEREST

CASH

OTHER

Investment option performance

BALANCED

+ View additional option performance information

Now showing 1 - 4 of 4 superannuation

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Product	Past 5-year return	Admin fee	Company	Calc fees on 50k	Features
CSC PSS accumulation plan	4.53%	$84	CSC PSS accumulation plan	$689	Advisory services Death insurance Income protection Online access Term deposits Variety of options	More details
CSC PSSap - MySuper	4.53%	$84	CSC PSSap - MySuper	$689	Advisory services Death insurance Income protection Online access Term deposits Variety of options	More details
Australian Defence Force Superannuation	New Fund	$84	Australian Defence Force Superannuation	$689	Advisory services Death insurance Income protection Online access Term deposits Variety of options	More details
Australian Defence Force Superannuation - MySuper	New Fund	$84	Australian Defence Force Superannuation - MySuper	$689	Advisory services Death insurance Income protection Online access Term deposits Variety of options	More details