Triple digit fund growth helps members build a healthier super

GESB has achieved $10 billion in funds under management, following a 107 per cent growth in the fund over the past five years.

GESB's size and scale and our ability to manage administration, member services and investment strategy in-house at low cost means we can continue to deliver significant benefits to members, including:

  • Fees ranked amongst the lowest 15 per cent out of 307 Australian superannuation providers for the majority of members1 ;
  • Top quartile investment returns for our default funds2 , where the majority of our members' retirement savings are invested; and
  • Ongoing investment in enhancing our award-winning products, servicesand member education.

This means our 313,000 members across metro and regional Western Australia are able to plan, build and manage their retirement savings more effectively.

Find more information on building a healthier super.


1  On a $50,000 account balance, GESB Super's fee of $381 and West State Super's fee of $376 sit below the not for profit average of $514, the industry average of $753 and well below the retail master trust average of $1,032. GESB Super Benchmark Report, SuperRatings 2009
West State Super Balanced plan and GESB Super Balanced Growth plan 1-year returns, SuperRatings Fund Crediting Rate Survey, December 2009
SuperRatings awarded GESB Super, West State Super and Retirement Income Allocated Pension its highest Platinum rating in 2010, granted to only the top 15% of the best 'value for money' funds. Chant West awarded GESB Super, West State Super and Retirement Income Allocated Pension its highest rating in 2010, Five Apples.

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