UniSuper Accumulation Super (1)
- Last updated on 06 Aug 2020
QSuper Lifetime
Pay no transaction or switching fees and enjoy a range of different investment options
$96
$361
UniSuper is an industry fund established for those working in the Australian higher education and research sector and their families. The fund was the winner of the 2020 MySuper of the Year award and was nominated as a finalist for the 2020 MyChoice Super of the Year and the 2020 Net Benefit awards. UniSuper offers a range of 16 investment options to choose from, providing members with access to 7 Pre-Mixed and 9 Single Sector options. The Balanced option has provided strong investment returns to members, outperforming the SuperRatings Index over each time period assessed to 30 June 2019. Fees are competitive and lower than the industry average across all account balances assessed. The first investment switch each financial year is free of charge, with a fee charged for subsequent switches.A full suite of insurance cover is offered, with Death and Total & Permanent Disablement (TPD) insurance cover automatically provided to eligible members upon joining the fund. Income Protection (IP) with a benefit period of 2 years, 5 years or to age 65, covering up to 85% of salary, is available following a 30, 60 or 90 day waiting period. Members have the ability to increase their default Death & TPD cover or apply for IP cover within 180 days of being first eligible to join the fund, without having to provide any medical evidence.UniSuper provides members with access to a range of online fact sheets, calculators, educational videos and on-demand webcasts and podcasts. The fund's MemberOnline further allows members to view and update account details, as well as perform transactions.
Admin fee $96 | Health insurance |
Administration fee (%) | Binding nominations |
Indirect cost ratio (%) 0.11% | Anti-detriment payments |
Exit fee $0 | Switching fee $9.9 |
Financial planning service | Employer size discount |
Credit cards | Home loans |
Insurance life event increases | Non-lapsing binding nominations |
Investment fee 0.42% | 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 | |
|---|---|---|---|---|---|---|---|---|
6.38% | $96 | UniSuper Accumulation - MySuper | $361 | Advisory services Death insurance Income protection Online access Term deposits Variety of options |  | More details | ||
6.38% | $96 | UniSuper Accumulation Super (1) | $361 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details | ||
6.38% | $96 | UniSuper Accumulation Super (2) | $361 | Advisory services Death insurance Income protection Online access Term deposits Variety of options |  | More details | ||
New Fund | $96 | UniSuper Personal Account | $361 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details |
