QSuper - Accumulation
- Last updated on 06 Aug 2020
QSuper Lifetime
Pay no transaction or switching fees and enjoy a range of different investment options
$0
$415
QSuper is one of Australia's largest and oldest superannuation funds and was originally established to provide for the retirement needs of Queensland Government employees. The fund is now a public offer fund and allows members from all industries to apply for membership. QSuper was the winner of the 2020 Smooth Ride award and was also nominated as a finalist for the 2020 MyChoice Super of the Year and the 2020 Net Benefit awards.QSuper offers an investment menu of 4 Diversified options and 4 Single Sector options, as well as Self Invest, which provides access to Direct Shares listed on the S&P/ASX 300, a range of Exchange Traded Funds (ETFs) and Term Deposits. The QSuper Balanced option outperformed the relevant SuperRatings Index over the 10 years to 30 June 2019.Fees are lower than the industry average across all account balances assessed. Administration fees paid in excess of $900 are refunded to the member in July of the following financial year. The fund does not charge an investment switching fee or a buy-sell spread.QSuper's insurance offering allows eligible members to apply for up to $3 million of Death cover and up to $3 million of Total and Permanent Disability (TPD) cover. Income Protection with a benefit period of 2 years, 5 years or to age 65, covering up to 87.75% of salary, is available following a 30, 60 or 90 day waiting period. The fund offers high quality educational material, interactive tools and calculators, as well as seminars and financial planning services at no additional cost. Further, members are able to view and update account details, as well as perform transactions through the secure Member Online portal.
Admin fee $0 | Health insurance |
Administration fee (%) 0.16% | Binding nominations |
Indirect cost ratio (%) 0.09% | Anti-detriment payments |
Exit fee $0 | Switching fee $0 |
Financial planning service | Employer size discount |
Credit cards | Home loans |
Insurance life event increases | Non-lapsing binding nominations |
Investment fee 0.58% | Long term income protection |
Account size discount |
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
Product | Past 5-year return | Admin fee | Company | Calc fees on 50k | Features | SuperRatings awards | Go to site | |
|---|---|---|---|---|---|---|---|---|
5.91% | $0 | QSuper Lifetime | $465 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details | ||
5.74% | $0 | QSuper - Accumulation | $415 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details |
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