VicSuper FutureSaver
One super account for life
VicSuper FutureSaver is our superannuation account designed specifically for people who are of working age.
Anyone who is eligible to make contributions into super can open an account, and it only takes a few minutes to join.
Why VicSuper FutureSaver?
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Competitive fee structure
Competitive fee structure
Fee type Amount Administration fee 1,2
If the account balance is under $4,300:
Account-keeping fee - $0 per week plus
Administration fee - 2% pa
If the account balance is $4,300 or more: Account-keeping fee - $1.50 per week plus
Administration fee - 0.19% paInvestment fee2,3 Ranges between 0.00% pa to 0.44% pa (estimated)
depending on your investment option
Buy-sell spread
Nil
Switching fee
Nil
Advice fee
Not applicable
Indirect Cost Ratio2,3
Included in the calculation of unit prices (not deducted directly from your account). Ranges between 0% to 0.50% pa (estimated) depending on your investment option. Other fees and costs
Advice fee (for certain types of personal advice3)
$300 - at the time of advice, the fee may be deducted from your account, paid by credit card or EFTPOS Find out more about the fees that apply to VicSuper FutureSaver members or refer to the Member Guide - Fees and costs.
1 The administration fee and account-keeping fee are deducted from your account at the end of each month in arrears. These fees are capped at a combined total of $125 per month per account.
2 If your account balance for VicSuper FutureSaver is less than $6,000 at the end of the VicSuper's income year, the total combined amount of administration fees, investment fees and indirect costs charged to you is capped at 3% of your account balance. Any amount charged in excess of that cap must be refunded.
3 Only applicable to members who receive certain types of personal advice. Please see Additional explanation of fees and costs for more information. -
Making contributions
Accepted contributions
Before-tax & other concessional contributions
After-tax contributions
Other
- Compulsory employer contributions
(superannuation guarantee) - Salary sacrifice
- Additional employer contributions
- Personal deductible contributions (including self-employed contributions)
- Voluntary (personal) after-tax contributions
- Spouse contributions
- Rollovers from other super funds
- Government co-contributions
- Lost super
- Superannuation contribution splitting
- Low income super tax offset
Find out how to grow your super.
- Compulsory employer contributions
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Investment options
Investment options
VicSuper members can choose from a range of nine investment options:
- Cash
- Term Deposit
- Capital Secure
- Capital Stable
- Balanced
- Socially Conscious
- Growth (MySuper)
- Equity Growth
- Australian Shares
Members who don’t choose an option are automatically invested in VicSuper’s Growth (MySuper) Option.
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Insurance
Death & TPD cover
Death only cover
Income protection cover
Automatic cover*
6 units
(Up to $309,000
depending on your age)Automatic cover*
Not applicable.
(Death cover is available automatically with TPD cover)Automatic cover*
6 units
(Up to $3,000 per month)Maximum cover available
Unlimited death cover
Up to $5 million TPD coverMaximum cover available
Unlimited
Maximum cover available
Up to $30,000 per month
Eligibility
Up to age 70
Eligibility
Up to age 70
Eligibility
Up to age 65
* Eligible new VicSuper members who join through their employer receive automatic insurance cover. Other VicSuper FutureSaver members can apply for insurance.
SuperRatings
See how we measure up against 150 other super funds.
Use RateMySuper to see how we compare.
Fund performance
See how we've performed over the past three, five, and ten years.
More about FutureSaver