Sunsuper for Life - Super-savings Account

Sunsuper is a Queensland based industry fund servicing the needs of employees across all industries. Sunsuper for Life is designed to provide a whole of life solution, with streamlined processes and communications helping members manage their superannuation from the beginning of their working life through retirement. Sunsuper is the winner of the 2018 Fund of the Year Award and a finalist for the Choice Super and MySuper of the Year awards, while its strong performance across key assessment criteria has contributed to the achievement of a 15th consecutive Platinum rating. Sunsuper for Life has an extensive investment menu of 19 Diversified and Single Sector options, including both actively managed and index investment strategies. The Balanced option has outperformed the SuperRatings Index over the short and long term.Fees for the Balanced option are lower than the industry average across all assessed account balances. No establishment, contribution or investment switching fees are applicable, although an exit fee does apply. Sunsuper for Life provides a full suite of insurance cover, with automatic Death & TPD Assist cover and Opt In IP available to eligible members upon joining the fund. Members can also increase their existing cover with Life or Age Event options, or apply for unlimited Death cover and up to $3 million of TPD cover through Tailored Death and TPD cover. Opt In IP provides eligible new members with a benefit payment period of 2 years following a 90 day waiting period, covering up to 85% of salary, while 5 year or to age 65 benefit periods with 30, 60 or 180 day waiting periods can also be accessed through the Tailored IP cover.