Suncorp WealthSmart Business Super makes fulfilling your super obligations easier, and offers the following features:
- Flexible investment options, including multi-manager portfolios custom-built for Suncorp WealthSmart™ by investment specialists.
- Cost-effective life insurance options for you and your employees.
Features
| Investment choice |
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| Auto-rebalancing | Your employees can keep their investments in line with their investment strategy by rebalancing quarterly, half-yearly or yearly. |
| Online Access | Online access for every member. |
| Insurance options | Your employees may be eligible for automatic insurance cover chosen by you, which includes:
|
| Contribution methods | Making contributions to Suncorp WealthSmart is easy. You and your employees can choose from the following:
|
| Regular contribution plan | Your employees can contribute regularly by direct debit when it suits them - monthly, quarterly, half-yearly or yearly. |
| Family accounts | Your employees' family members can enjoy most of the benefits associated with your plan, which may include discounted fees, by setting up their own Suncorp WealthSmart account. |
| Non-lapsing death benefit nomination | Your employees can have certainty over who will receive their death benefit, without the hassle of updating their nomination. |
| Child pension | Your employees can provide their children under age 18 with a tax-effective income stream if they die. |
| Anti-detriment benefit | Your employees' beneficiaries may receive compensation for contributions tax on their death benefit payments. |
Fees
| Contribution fee | Up to 4% of each contribution or transfer. |
| Admin fee | Up to 1.31% pa based on your employer plan's balance. |
| Admin fee discount based on plan's balance | 0.26% pa for amounts between $250,000 and $1,000,000. 0.61% pa for amounts in excess of $1,000,000. |
| Investment fee | Depends on the investment option(s) you select. Ranges from 0.10% to 1.87% pa. |
| Investment switching fee | Nil |
| Withdrawal fee | Nil |
| Member fee | $5 per month. |
Product Update
As of 7 January 2011 the Suncorp Group of companies moved to a new non operating holding company structure (NOHC). The new NOHC is Suncorp Group Limited. The issuer of this Product Disclosure Statement (PDS) remains a member of the Suncorp Group of companies. There are no changes to the terms and conditions of the PDS.
Download the Insurance premium rates guide
Download the Online and clearing house facilities terms and conditions
See below for more information on the benefits of Suncorp WealthSmart™ for your employees or download the Product Disclosure Statement here and Member Booklet.
1 Other fees and costs may apply. Please see the Product Disclosure Statement.
Suncorp Portfolio Services Limited (Trustee) (ABN 61 063 427 958, AFSL 237905, RSE Licence No L0002059) is the issuer of Suncorp WealthSmart Personal Super (SPIN RSA0004AU), Suncorp WealthSmart Pension (SPIN RSA0002AU) and Suncorp WealthSmart Business Super (SPIN RSA0003AU). These products are part of the Suncorp Master Trust (Fund) (ABN 98 350 952 022, RSE Fund Registration No. R1056655). Please read the relevant Product Disclosure Statement (PDS) before deciding to open an account or continuing to hold an interest. The information in the PDS is of a general nature only and does not constitute financial advice.
The Trustee and any other company within the Suncorp Group do not guarantee the repayment of capital or the performance of these products.
Applications can only be accepted from persons receiving the PDS (including electronically) within Australia. If you print an electronic copy, please ensure you print all pages of the PDS.
