Our fees are among the lowest in the country
Our Income account won Money magazine's Best Balanced Pension Product for 2020.
At Money Magazine’s Best of the Best 2019 launch, QSuper was pleased to be named Pension Fund Manager of the Year for 2019. It’s validation of our focus on almost 50,000 members currently in retirement.
The trust that our members place in us as custodians of their retirement savings, both throughout their working life and into retirement, is something we take very seriously. For this reason, we appreciate winning awards, because they are validation that we are succeeding for our members.
For this reason we were pleased recently that our Income Account was compared against more than 180 pension products and QSuper was named Money Magazine Pension Fund Manager of the Year for 2019.
“QSuper has delivered significant value for pension members over the long term. Specifically, as at 31 August 2018, the QSuper Income account Balanced option returned 7.9% per annum over 10 years, which was well above the industry median of 7.2%.1
QSuper’s pension product is competitively priced with a transparent fee structure. Administration fees are a low 0.16% per annum, capped at a maximum of $900 per annum, while investment fees and indirect costs for its Balanced option are 0.79% per annum2 (including performance fees). There are no establishment, contribution or investment switching fees.”
Money Magazine Dec 2018 edition. Page 86.
QSuper’s CEO Michael Pennisi commented “It is an honour to receive the Money Pension Fund Manager of the Year award for 2019. It is fantastic recognition of the value-for-money products and services we’ve delivered to members for over 100 years.”
The table below shows QSuper’s Income account fees and Balanced option investment returns against the industry median:
Source: Money Magazine Dec 2018 edition. SuperRatings SR50 Balanced Index median.
Want to compare more specifically? If you have a QSuper Income account (or are thinking about your retirement options), use the SuperRatings RateMyPension comparison tool to see how we compare to other funds’ pension accounts. Link SuperRatings RateMyPensioncomparison tool to: www.rms.superratings.com.au/ratemypension/qsuper
We want all our members to live their best retirement.
Learn more about QSuper’s Income account
Read more about the cost of retirement
Retiring soon? Attend a seminar
1 Past performance is not a reliable indicatory of future performance. This amount does not represent the compound annualised return, net of fees and taxes and not the return of an individual member’s investment in the Balanced option unless they remained in that option for the entire year and no switching or withdrawals were made.
2 For the Financial year ended 30 June 2018 and may differ from future fees and costs.
3 This information is general information only and you should get professional advice before relying on this information. Past Performance is not a reliable indicator of future performance. Each of our investment options has a different objective, risk profile and asset allocation.
Thank you to our members: QSuper has topped the superannuation industry in generating more member recommendations as well as greater member value and satisfaction
Winning SuperRatings Pension of the Year 2019 is another reason QSuper members can enjoy right now, knowing they'll be right later.
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