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WA Super - Super Solutions - Employer

Past 5-year return
7.62%
Admin fee
$73
Calculated Fees on 50k
$553
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WA Super provides a range of limited personal advice offerings at no additional cost. Members can access limited personal advice services about their WA Super account that covers retirement projections and outcomes, investment choices and contributions. This advice is offered over-the-phone, in person or by using WA Super’s online digital advice tool, SuperClick Advice.
More complex or comprehensive personal advice is available from our Financial Planners with relevant fees able to be deducted from the member’s super account.
WA Super accepts Kiwisaver applications to enable eligible New Zealanders to roll in their Kiwisaver balances to WA Super.
WA Super is a Perth based industry fund, initially set up for employees of Local Governments throughout Western Australia, however, has since become a Public Offer super fund. The fund was a finalist for the 2019 Rising Star award.WA Super offers an investment menu of 4 Diversified options and 5 Single Sector options. The My WA Super option underperformed the relevant SuperRatings Index over the 10 years to 30 June 2018. Please note that the My WA Super option sits within the Conservative Balanced (41-59%) option category.Fees are lower than the industry average across all account balances assessed. The fund does not charge an investment switching fee or buy-sell spread, however an exit fee applies for deductions made from the account.WA Super's insurance offering allows eligible members to apply for an unlimited amount of Death cover and up to $3 million of Total Permanent Disability cover. Members can also apply to increase cover following the occurrence of a prescribed Life Event without additional underwriting. Income Protection with a benefit period of 2 years, 5 years or to age 65, covering up to 85% of salary, is available following 30 day through to 2 year waiting periods.A range of member services are available, including online access and transaction functionalities, online calculators, as well as fact sheets and newsletters. The fund also provides access to financial planning services and a range of banking products from ME.
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Fees & fund features

Admin fee
Admin fee
$73
Administration fee (%)
Administration fee (%)
0.08%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.28%
Exit fee
Exit fee
$80
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.60%
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
$73
Administration fee (%)
Administration fee (%)
0.08%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.28%
Exit fee
Exit fee
$80
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.60%
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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FAQs

A superannuation fund is an institution that is legally allowed to hold and invest your superannuation. There are more than 200 different superannuation funds in Australia. They come in five different types:

  • Retail funds
  • Industry funds
  • Public sector funds
  • Corporate funds
  • Self-managed super funds

Retail funds are usually run by banks or investment companies.

Industry funds were originally designed for workers from a particular industry, but are now open to anyone.

Public sector funds were originally designed for people working for federal or state government departments. Most are still reserved for government employees.

Corporate funds are arranged by employers for their employees.

Self-managed super funds are private superannuation funds that allow people to directly invest their money.

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