
Get exclusive money-saving offers and guides
Straight to your inbox
Updated
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
NGS Super began operations in 1988, with eight trustee directors and a solitary employee. Now, this superannuation fund has more than $5 billion in funds under management (FUM). It has offices in New South Wales, Queensland, South Australia, Victoria and Western Australia. NGS Super’s more than 100,000 members include non-government teachers, school staff, customer-owned bank employees, aged care workers and other community workers.
This industry super fund, dedicated to education and community based organisations, operates with the primary aim of benefiting its members. It offers support to its members’ industries as well as they work they do in different ways.
NGS holds an Australian Financial Services Licence (AFSL) from the Australian Securities and Investment Commission (ASIC) as well as a Registrable Superannuation Entity (RSE) licence issued by the Australian Prudential Regulation Authority (APRA).
Since NGS Super is an industry fund it is able to charge low fees. Over the years, this fund grew considerably, merging with others funds such as the Independent Schools Superannuation Trust (ISST), the Catholic Church Staff Superannuation Fund (CCSSF), Cuesuper (Mutual finance sector) and UC Super (Uniting Church employees).
To make sure your super remains aligned with your situation and work, it provides professional development opportunities through various scholarship awards and grants, sponsorship of different industry conferences and events as well as periodical face-to-face forums and workplace visits. It also proactively contacts members over the phone to resolve queries.
While you can choose from a number of investment alternatives through your super, NGS provides suitable pension solutions as well.
The NGS Super website gives you access to numerous fact sheets, calculators and other tools you can use to plan your super. By logging into the secure section you can make changes to your personal details, investment options and beneficiary details.
Back to topNGS Super lets its members choose from 12 different portfolios, of which seven are pre-mixed.
If you’re turning to NGS for a pension account, you get to choose from 14 different options. These include nine pre-mixed options.
The moderate growth option provides higher weighting to asset classes that offer potential for medium to long-term growth. It comes with high to medium risk for five years, changing to medium risk for 10 years.
The income generator option focuses on combining income return and capital growth, while also offering protection against risks in the equity market. The risk level for five years is medium, changing to medium to low for 10 years.
To become a part of this superannuation fund you have to visit the NGS website and download an application form. Once you complete the form, you can mail it across to NGS Super. You can join NGS Super at different stages of your life, which include:
To become an NSG Super member you have to meet some basic eligibility criteria:
As part of the application process you have to provide different types of information:
After you join, you can register to get access to your account using the NGS online system. This platform lets you check your account balance, select from different investment choices, submit your tax file number, change personal details, change details of beneficiaries and transfer funds from other super accounts.
With the options on offer, NGS is a superannuation provider worthy of your attention. However, since you can find similar offerings through other super providers, compare a few before deciding.
Our experts crunch the numbers to help you work out the best place to park your money: is it your mortgage or your super fund?
We've compared the fees, investment options and performance for both Sunsuper and HESTA to help you choose between these two popular super funds.
Hostplus and HESTA are two popular industry super funds, but which is right for you? We've compared their fees, investment options and performance side by side to help you choose.
We've compared the fees, investment options and performance for both QSuper and Sunsuper to help you choose between these two popular super funds.
Trying to decide between AustralianSuper and Australian Ethical Super? We've compared their fees, performance and investments to help you choose.
We compare the fees, investments and performance of AustralianSuper and LUCRF Super so you can see which super fund might be right for you.
AustralianSuper and Rest are two popular industry super funds, but how do they compare on fees, performance and investment options?
Can't decide between AustralianSuper or Hostplus? We've compared their fees, performance and investment options side-by-side to help you choose.
Trying to decide between AustralianSuper and HESTA? We've compared their fees, investment options, performance and extras side by side to help you choose.
Trying to decide between AustralianSuper and QSuper? We've compared their fees, investment options, performance and extras side by side to help you choose.