Zurich Superannuation Plan

Established in 1998, Zurich Superannuation Plan is designed for individuals wanting direct access to a personal super fund. Members have access to 14 Diversified and Single-Sector investment strategies, as well as one Single Manager option. The Managed Growth option underperformed the SuperRatings Index over the 10 year period to 30 June 2018.Fees for this product are higher than the industry average across small and large account balances assessed, however members with larger account balances are offered reduced administration fees. A minimum administration fee of $314.76 p.a. applies to each account. No exit fees or switching fees are charged, although changing investment options may incur transaction costs. Members can elect to add Optional Protection Benefits to their superannuation plan. Applications can be made for Death only, Death & TPD and Income Protection (IP) cover. There is no limit to the amount of Death only cover a member can apply for, while Death & TPD cover is available up to a maximum of $5 million. IP is offered over benefit payment periods of 1 year, 2 years, 5 years, to age 65 or to age 70, with a choice of waiting periods ranging from 14 to 720 days. IP covers a maximum of 75% of a member's salary or up to $30,000 per month (or $60,000 per month over 1 or 2 year benefit periods). Our ratings are indicative only as premiums are tailored to an individual's circumstances.The fund's website contains useful superannuation information to assist members. Members can also access their account via My Zurich.