GESB Super Review

GESB Superannuation Logo

GESB Performance: Returns to September 30 2021

Investment Option 1 Year 3 Year 5 Year
Conservative Plan 8.38% 4.63% 4.81%
Median 7.40% 4.60% 4.70%
Conservative Plan VS Median 0.98% 0.03% 0.11%
My GESB Super Plan 17.90% 7.12% 7.55%
Median 17.70% 8.00% 8.60%
My GESB Super Plan VS Median 0.20% -0.88% -1.05%
- - - -
Median - - -
VS Median - - -
Growth Plan 21.64% 7.79% 8.51%
Median 22.10% 9.30% 10.10%
Growth Plan VS Median -0.46% -1.51% -1.59%

GESB Super Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
Conservative Plan 66 0.49% $311
My GESB Super Plan 66 0.69% $411
GESB Super - - -
Growth Plan 66 0.74% $436

Asset Allocation

RankAsset%
RankAsset%
RankAsset%

Insurance Rating

0 /100
OmniLife

GESB Super Fund Information

ABN: 82 144 194 929

USI: 82144194929050

Address: PO Box J 755 Perth WA 6842

Speak To An Advisor

Review My Super can review every Super Fund in Australia and can help you understand what YOUR money is doing for YOU

* all fields required
How can we help? *

About GESB Super

GESB Super began managing the super savings of current and former WA public sector employees in 1939. Today they have around 240,000 members and over $35 billion in funds under management (as at 30 September 2021). GESB Super can only accept employer contributions from WA public sector employers.

GESB Super Investment Options

GESB Super has five ‘Readymade plans’ and five ‘Mix Your Plans’ investment options. See below:
Readymade plans:
Growth plan, My GESB Super plan (default), Balanced plan, Conservative plan, and Cash plan.
Mix Your Plans:
Australian Shares, International shares, Property, Fixed Interest and Cash.

GESB Super Performance

GESB Super’s My GESB Super plan (default) investment option outperformed the median over the past 1 year but underperformed over the past 3 and 5 years measured against Chant West’s median performance.
GESB Super’s Growth plan investment option underperformed the median over 1, 3 and 5 years, measured against Chant West’s median performance.
GESB Super’s Conservative plan investment option underperformed the median over 1, 3 and 5 years, measured against Chant Wests median performance.
See GESB Vs AustralianSuper comparison.

GESB Super Fees

GESB Super’s fees are below the median compared to other funds listed on Review My Super.
The default option is ranked 8th lowest based on a balance of $50,000 for options of the same risk tolerance on Review My Super. There is no industry benchmark for fees to compare against.

GESB Super Insurance

GESB Super automatically provides most of its members with basic Death, Total & Permanent Disablement (TPD) and Salary Continuance Insurance with the following benefits:
Death – Up to $200,000 depending on your age.
TPD – Up to $200,000 depending on your age.
Salary Continuance – Up to $4,200 per month determined by the number of hours per week that you work.
GESB Super insurance is provided by AIA Australia. GESB also facilitate applications for greater level of cover directly through AIA.
You can also compare the wider market and have the premiums paid via your super. Compare insurers here.

GESB Super Financial Advice

GESB Super offer a ‘Retirement Options Service’, which is a 60 minute one on one meeting with a consultant to provide information about the different options available to members. the advice is limited and general in nature and does not take your personal circumstances into account.
They do not provide personal financial advice.
To speak with an advisor that can provide personal financial advice and consider all available funds and insurers in the market, please fill out the ‘Speak To An Advisor’ form on this page.

Frequently Asked Questions

GESB Super stands for Government Employees Superannuation Board

Yes, GESB Super is an APRA fund.

No, GESB Super is regulated by APRA

 

No, GESB Super is a public sector fund

GESB Super is a not-for-profit fund with a public membership base

You need to be a government employee to join GESB Super

0 0 Reviews
How would you rate
0 0 Reviews
Service
0 0 Reviews
Performance
0 0 Reviews
Fees
0 0 Reviews
Insurance
0 0 Reviews
Transparency
guest
How would you rate
Service
Performance
Fees
Insurance
Transparency
0 Reviews
Inline Feedbacks
View all review
Compare Insurance
GESB Super
0
Would love your thoughts, please review.x
Share the joy
GESB Super

Are you with GESB Super?

0 0 Reviews
How would you rate
0 0 Reviews
Service
0 0 Reviews
Performance
0 0 Reviews
Fees
0 0 Reviews
Insurance
0 0 Reviews
Transparency
guest
How would you rate
Service
Performance
Fees
Insurance
Transparency
0 Reviews
Inline Feedbacks
View all review