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WA Super - Super Solutions - My WA Super

Past 5-year return
New fund
Admin fee
$73
Calculated Fees on 50k
$553
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WA Super provides a range of limited personal advice at no additional cost. Members can access advice 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 online via the SuperClick Advice tool.
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 the My WA Super option as the funds MySuper compliant investment option, whilst choice members may also select from 3 additional Diversified options and 5 Single Sector options. The My WA Super option underperformed the relevant SuperRatings Index over the 5 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 a 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
$0
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
$0
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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