Superannuation

Starting a new job is the perfect time to think about your superannuation and whether it’s working hard for you.

Most of us can choose where our employer pays our superannuation.  Over time it really makes a difference to choose a super fund that is high quality and low cost.

When you join Federal Credit Union Bank SmartStart Super we make it easy for you and your employer to start contributing right away.

We can also help you move any existing superannuation over to Federal Credit Union Bank SmartStart Super so you have your super all in one great fund.

Paying low fees can make a big difference to how much superannuation you’ll have at retirement.

Federal Credit Union Bank SmartStart Super has a low annual administration fee* of just $98 per year plus competitive investment and transaction costs.

Federal Credit Union Bank SmartStart Super was rated the second cheapest super fund anyone can join by SuperGuide.com.au in 2014.

Example

The table below shows what annual fees a Federal Credit Union Bank MySuper member under 55 would pay with a balance of $50,000 in the Federal Credit Union Bank Growth Index Fund

Administration Fees	$98	You will be charged $98 in administration fees.
Investment costs	0.45% p.a.	And you will be charged investment costs of $225. (50,000 x 0.45%)
Total Cost	$323**	If the account balance was $50,000, then you would be charged fees of: $323** for Federal Credit Union Bank MySuper

* There are NO establishment, contribution/rollover, withdrawal, termination or investment switching fees

** Additional fees may apply.