This is a SuperGuide profile of Premiumchoice Retirement Service, including fund performance, member demographics, value of assets under management, contact details, and administration details (such as ABN and USI).
This profile is factual information and is not an advertisement or recommendation for Premiumchoice Retirement Service.
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Premiumchoice Retirement Service overview
Premiumchoice Retirement Service is a Public offer Retail fund.
Premiumchoice Retirement Service has 1152 investment options, MySuper products authorised and 0 of its total assets are invested in a default or MySuper strategy.
Learn more about MySuper funds and the different types of super funds.
Of the 142 funds that provided asset data, Premiumchoice Retirement Service ranks 108 largest in terms of total assets under management, which are valued at approximately $95.6 billion.
Of the 142 funds that provided member data, Premiumchoice Retirement Service ranks 121 largest, with 1,982 members.
Premiumchoice Retirement Service ABN
The Premiumchoice Retirement Service ABN number is 70479285132.
Premiumchoice Retirement Service has the following USI numbers
| PremiumChoice Retirement Service Series 2 – Pension Service | 70479285132002 |
| PremiumChoice Retirement Service Series 2 – Superannuation Service | 70479285132001 |
Note: A USI (Unique Superannuation Identifier) is used so that you or your employer pays your super contributions into the correct super fund.
Premiumchoice Retirement Service performance
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See also our features on the best performing super funds and the best performing pension funds.
If your fund is not listed as a top performer, check where it appears in our super fund rankings or our pension fund rankings.
Premiumchoice Retirement Service member profile
Premiumchoice Retirement Service has 1,982 members, which ranks it at number 121 largest of 139 funds.
In the 2020 financial year, the number of Premiumchoice Retirement Service members changed by -13%, which places them at 109 of 139 funds in terms of growth.
45% of Premiumchoice Retirement Service's members are female (compared to an average of 46% across all funds), and 54% are male (compared to an average of 54% across all funds).
Premiumchoice Retirement Service member gender overview
In the charts below you can see the age and gender breakdown for Premiumchoice Retirement Service fund membership and how that compares across all super funds.
Premiumchoice Retirement Service member age overview (male)
Source: APRA. Data contained in these chart as at 30 June 2020
Premiumchoice Retirement Service member age overview (female)
Source: APRA. Data contained in these chart as at 30 June 2020
In the chart below you can discover the member balances for Premiumchoice Retirement Service members, and how that compares across all super funds.
The average member account balance for Premiumchoice Retirement Service is $225,000.
Premiumchoice Retirement Service member account balances overview
Data contained in these chart as at 30 June 2020
Premiumchoice Retirement Service administration details
Below you can find the administration details for Premiumchoice Retirement Service including whether the super fund is open to the general public (Public offer) or not (Non public offer) and how Premiumchoice Retirement Service is structured. You can also learn how their expenses ratio compares to other super funds, as well as the gender ratio and remuneration of their board directors.
| Fund's RSE licensee | Nulis Nominees (Australia) Limited |
| Public offer status | Public offer |
| Fund type | Retail |
| RSE licensee ownership type | Financial services corporation ownership |
| RSE licensee profit status | For profit status |
| RSE licensee board structure | Non equal representation |
| RSE licensee balance date | 6/30/2020 |
| Operating expenses ratio | 0.5% (average is 1.06%) |
| Number (and percentage) of female directors | 1 (25% - average is 39%) |
| Number (and percentage) of male directors | 3 (75% - average is 61%) |
| Total remuneration of directors on trustee board | $912,000 (average is $474,000) |
| Average remuneration of directors on trustee board | $228,000 (average is $63,000) |
Sources: APRA and publicly available information. Data contained in this table as of 30 June 2020
Premiumchoice Retirement Service contact details
Below you can find contact details for Premiumchoice Retirement Service including website, email and physical address as well as social media accounts if they are available.
| Address |
GPO Box 1610 Melbourne Melbourne 3001 |
| Phone number | 1300880054 |
| Email address | premiumchoice@investinfo.com.au |
| Website | wealth.mlc.com.au/premium-choice/public/product_info |
Copyright text: All explanatory text is the copyright of SuperGuide Pty Ltd. All data information is the copyright of Australian Prudential Regulation Authority (APRA). All data information is licensed under the Creative Commons Attribution 3.0 Australia Licence (CCBY 3.0).
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