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MLC

MLC MasterKey Business Super - MLC MySuper

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Awards

Winner of SuperRatings Platinum 2021 MySuper

Past 5-year return
New

% p.a

Admin fee

$78

Calc fees on 50k

$658

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

% p.a

Admin fee

$78

Calc fees on 50k

$658

SuperRatings awards
SuperRatings Platinum 2021 MySuper

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

TMD

Quick superannuation review

For MLC MasterKey Business Super - MLC MySuper

These are the benefits of this superannuation.

  • Reduction of fees based on plan size.
  • Integrated clearing house facilities.

MLC MasterKey Business Super is part of the MLC Super Fund and is a corporate superannuation solution designed for small to large businesses.The MySuper option is the fund's default investment option, whilst choice members may also select from a range of Diversified and Single Sector options, as well as managed investments across a range of asset classes. The fund's MySuper offering changed from a single diversified investment option to a lifecycle option in March 2019. Limited performance history is currently available for this product. Please note that the rated MySuper Growth option sits within the Growth (77-90%) option category.Fees are higher than industry average on medium and large account balances assessed. No investment switching fees are charged; however, buy/sell spreads may apply.MLC MasterKey Business Super's insurance offering allows eligible members to apply for an unlimited amount of Death cover and up to $5 million of TPD cover. Members can also apply to increase cover following the occurrence of a prescribed Life Event without additional underwriting. Premiums and insurance design can be tailored to each Employer Plan, alternatively members will automatically be provided with MLC Lifestage insurance. Income Protection with a benefit period of 2 years, 5 years or to age 65, covering up to 90% of salary, is available following a 30-, 60-, 90- or 180-day waiting period. Members can also access Best Doctors services.The fund offers a range of additional benefits to its members, including access to financial advice, investor educational material, regular newsletters and online access, allowing members to view and update account details online, as well as perform transactions. Additionally, Work Life NAB provides access to offers and discounts on lifestyle and financial products and services.

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Superannuation overview

For MLC MasterKey Business Super - MLC MySuper

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

$78

Administration fee (%)

0.32%

Switching fee

$0

Investment fee

0.46%

Indirect cost ratio (%)

0.38%

Exit fee

$0

Target Market Determination

Visit MLC to view Target Market Determination.

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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
CONSERVATIVE BALANCE
SECURE
GROWTH
+ View additional option performance information