Retry for a live version

This page (https://www.ratecity.com.au/superannuation/legalsuper/legalsuper-mysuper-balanced?investmentPerformance=balanced) is currently offline. However, because the site uses Cloudflare's Always Online™ technology you can continue to surf a snapshot of the site. We will keep checking in the background and, as soon as the site comes back, you will automatically be served the live version. Always Online™ is powered by Cloudflare | Hide this Alert

RateCity.com.au
powering smart financial decisions
Legalsuper

legalsuper MySuper Balanced

MySuper Balanced

Awards

Winner of SuperRatings Platinum 2021 MySuper

Past 5-year return
8.66

% p.a

Admin fee

$68

Calc fees on 50k

$458

SuperRatings awards
SuperRatings Platinum 2021 MySuper
Past 5-year return
8.66

% p.a

Admin fee

$68

Calc fees on 50k

$458

SuperRatings awards
SuperRatings Platinum 2021 MySuper

Based on your details, you can compare and save on the following superannuation

TMD

Quick superannuation review

For legalsuper MySuper Balanced

These are the benefits of this superannuation.

  • Dominant fund for national legal profession
  • Default Death & TPD cover provided
  • Field team to service member and employer base
  • Ancillary benefits include discounts across banking, health care and financial advice services

Established in 1989 to provide superannuation services to legal professionals, legalsuper is now a public offer industry fund dedicated to serving the legal community. The fund's MySuper offering comprises a single diversified investment option, the MySuper Balanced option. The MySuper Balanced option outperformed the relevant SuperRatings Index over each assessed time period to 30 June 2020. Choice members have access to 11 additional Diversified and Single-Sector investment option, as well as a Direct Investment Option providing access to Direct Shares listed on the S&P/ASX 300, a range of Exchange Traded Funds (ETFs), Listed Investment Companies (LICs) and Term Deposits. Fees are lower than the industry average across all assessed account balances, with the administration fee capped for account balances over $450,000. The fund does not charge a switching fee, although buy-sell spreads may apply. A full suite of insurance cover is offered, with Death and Total & Permanent Disablement (TPD) insurance cover automatically provided to eligible members upon joining the fund. Members can apply for unlimited Death cover and up to $3 million of TPD cover. Income Protection (IP) is available up to 85% of salary and with a choice of 30, 60- or 90-day waiting periods and benefit payment periods of 2 years, to age 60 or to age 65. legalsuper provides members with access to workplace seminars and personalised services from Client Service Managers. Additional benefits available include access to advice services, high quality educational material, interactive tools and calculators, as well as the ability to view account details and perform transactions online.

Read More

Superannuation overview

For legalsuper MySuper Balanced

TMD

Features

Variety of options

Binding nominations

Account size discount

Online Access

Home loans

Financial planning service

Non-lapsing binding nominations

Employer size discount

Anti-detriment payments

Credit cards

Insurance Cover

Health insurance

Insurance life event increases

Total and permanent disability cover

Long term income protection

Fees

Admin fee

$68

Administration fee (%)

0.29%

Switching fee

$0

Investment fee

0.49%

Indirect cost ratio (%)

Exit fee

$0

Target Market Determination

Visit Legalsuper to view Target Market Determination.

Embed

Fund fees vs. Industry average
THIS FUND
INDUSTRY AVERAGE
Fund past-5-year return vs. Industry average
THIS FUND
INDUSTRY AVERAGE
Investment allocation
INTERNATIONAL SHARES
AUSTRALIAN SHARES
PROPERTY
ALTERNATIVES
FIXED INTEREST
CASH
OTHER
Investment option performance
BALANCED
+ View additional option performance information