Products at a Glance

  AustSafe Super Industry AustSafe Super Personal AustSafe Super Pension

Who is the product best suited to?

Members who work for an employer Members who are self employed or business owners Members seeking a regular income in retirement

What is the minimum investment amount? 

There is no minimum $1,500 $25,000

Can I make voluntary contributions?

Yes.  You can make voluntary contributions free of charge.     Yes.  You can make voluntary contributions free of charge.     Yes.  You can make contributions if you are transitioning to retirement. Once you commence a pension, you can no longer make voluntary contributions.    

Can I salary sacrifice contributions into my account?

Yes, if your employer permits. Yes. Yes, only if you are transitioning to retirement. N/A if you have commenced a pension.

Can I access Death and TPD insurance cover?

Yes. All members of AustSafe Super Industry automatically receive 1 unit of Death and TPD cover upon joining. You can apply for additional units. Yes. All members of AustSafe Super Personal can apply for the desired level of cover. No. AustSafe Super does not offer Death and TPD insurance to members of the Pension product. 

Can I access Income Protection cover?

Yes.  All members of AustSafe super Industry can apply for the desired level of cover.  Yes.  All members of AustSafe super Personal can apply for the desired level of cover.  No.  AustSafe Super does not offer Income Protection to members of the Pension product. 

Can I take advantage of the Government Co-contribution if I am eligible?

Yes Yes N/A

Can I make lump sum withdrawals?

Yes* Yes* Yes

Can I access financial advice

Yes Yes Yes

How many investment options can I choose from?

9 investment options in total (3 Pooled options and 6 Asset Class options). 9investment options in total (3 Pooled options and 6 Asset Class options). 9investment options in total (3 Pooled options and 6 Asset Class options).

Can I make a binding nomination in the event of my death?

No Yes, you can make a nomination which is valid for 3 years. Yes, you can make a nomination which is valid for 3 years.

What are the Investment Fees?

0.10– 0.96%p.a.# 0.10– 0.96%p.a.# 0.10– 0.96%p.a.#

Can I access banking services and products through Members Equity Bank?

Yes Yes Yes

Product Disclosure Statements

AustSafe Super Industry AustSafe Super Personal AustSafe Super Pension

*You can make only make lump sum withdrawals from these products subject to preservation rules.  See the PDS for more information.

# Investment fees for the year ended 30 June 2009. These ranges are subject to change each financial year.