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MTAA Super

Spirit Super (Default B) - MySuper

Balanced (MySuper)

Awards

Winner of SuperRatings Platinum 2021 MySuper

Past 5-year return
8.75

% p.a

Admin fee

$68

Calc fees on 50k

$513

SuperRatings awards
SuperRatings Platinum 2021 MySuper
Past 5-year return
8.75

% p.a

Admin fee

$68

Calc fees on 50k

$513

SuperRatings awards
SuperRatings Platinum 2021 MySuper

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

TMD

Quick superannuation review

For Spirit Super (Default B) - MySuper

These are the benefits of this superannuation.

  • Superannuation advice by qualified financial planners - face-to-face nationally at no additional cost
  • Free national financial education programs both public and employer based
  • Dedicated relationship managers for employers
  • Mobile App to track super details
  • Flexible Insurance options

Spirit Super was established in April 2021 as a result of the merger between MTAA Super & Tasplan Super and is MySuper compliant. The fund is a public offer fund and allows members from all industries to apply for membership.Spirit Super offers the Balanced (MySuper) option as the fund’s default investment option, whilst choice members may also select from a range of Diversified and Single Sector options. The Balanced (MySuper) option underperformed the relevant SuperRatings Index over the year to 30 June 2020, although outperformed over other time periods assessed.Fees are lower than the industry average across all account balances assessed, with the percentage-based administration fee capped at $450 pa. The fund does not charge an investment switching fee or buy-sell spread.A full suite of insurance cover is offered through Spirit Super (Default B), with Default Death and Total & Permanent Disablement (TPD) and Income Protection Cover automatically provided to eligible members upon joining the fund. Members can apply for up to $5 million of Death cover and up to $3 million of TPD cover and also apply to increase cover following the occurrence of a prescribed Life Event without additional underwriting. Income Protection with a benefit period of 2 years, 5 years or to age 65, covering up to 85% of salary, is available following a 30-, 60- or 90-day waiting period. Comprehensive member services are offered by Spirit Super, including high quality educational material, online access to account information and transactions, online calculators, as well as access to a range of advice services.

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Superannuation overview

For Spirit Super (Default B) - 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

$68

Administration fee (%)

0.15%

Switching fee

$0

Investment fee

0.74%

Indirect cost ratio (%)

Exit fee

$0

Target Market Determination

Visit MTAA Super 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
BALANCED
+ View additional option performance information