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TWUSUPER - Balanced (MySuper)

Past 5-year return
7.43%
Admin fee
$78
Calculated Fees on 50k
$808
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Low fees for members with no fees charged for employer groups.
EmployerAccess for online transactions and educational information.
Integrated financial advice options - single issue over the phone to full planning service. Financial planning and workplace education seminars for members.
Regular education communications provided for members/employers.
Customer service team can assist members at work or home.
TWUSUPER Balanced (MySuper) was established to service the retirement needs of members employed within the transport and logistic industries. The fund is a public offer fund and allows members from all industries to apply for membership.The MySuper Balanced (MySuper) is the fund’s default option, whilst choice members may also select from the Equity Plus or Cash Plus investment options. The Balanced (MySuper) option underperformed the relevant SuperRatings Index over the 5 years to 30 June 2018.Fees are competitive across smaller account balances, but remain higher than the industry average across larger account balances assessed. The fund does not charge a buy-sell spread, although an exit fee will be charged on transfers from the account. The Direct Expense Recovery fee of 0.25% is also capped at $750 per annum. TWUSUPER Balanced (MySuper)'s insurance offering allows eligible members to apply for up to $5 million of Death cover and up to $2.5 million of TPD cover. Members can also apply to increase cover following the occurrence of a prescribed Life Event without additional underwriting. Income Protection is available covering up to 84.5% of salary with a 2 year benefit period following a 30, 60 or 90 day waiting period. Members receive access to financial advice, as well as a range of educational material and industry related news. The fund offers free retirement seminars, which are held around Australia, to ensure members are well informed on their retirement needs.
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Fees & fund features

Admin fee
Admin fee
$78
Administration fee (%)
Administration fee (%)
0.31%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
1.00%
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
0.15%
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
$78
Administration fee (%)
Administration fee (%)
0.31%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
1.00%
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
0.15%
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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