Read also:
roger armstrong baby monitor review difference between nan comfort and nan pro gold aldi expressi coffee machine review i-vac x10 handstick reviews bauhn 40 inch tv review dux hot water pilot light keeps going out difference between s26 original and s26 goldLUCRF Super
Algard74Illawarra, NSW
- 15 reviews
Market crashed & got locked out of my account
I’ve been with LUCRF for 16 years. For most of it I have been relatively satisfied.
But, when the stock market started taking a hit due to the Covid-19 pandemic I lost $25k in 2 weeks. Coincidentally at the same time I started having trouble logging into my account. I’m now totally locked out. I’ve tried calling, email & Facebook messenger but have received no help. Every time I call there’s an automated message saying it’s a 2-3hr wait. Emails have not been responded to. I got asked for my best contact details on messenger & have not received anything since.
In my opinion they’re trying to prevent me changing my investment options to keep a hold on my money.
I’ve just joined another fund & am now waiting for the rollover to take place.
2 comments
I got a quicker response to this bad review than I did to all the calls, emails & Facebook messages regarding my locked account.
Similar opinion? Write a review on ieatwords.com.au!
terrible
Was up $18.000 from last financial year & within 2.5 months have lost $17.000 . seems to happen a lot returns looking good then it gets close to financial year & then you see a big loss in $$$' going to look else where for super.
1 comment
Angus L.LUCRF Super
Hi Domenic, thanks for reaching out, I'd love to connect you with someone in our advice team (at no extra cost to you) to make sure your account is performing as hard as it can. If you'd like to reach... Read more
out to do this, you can email us at [email protected] Thanks so much, Angus.Similar opinion? Write a review on ieatwords.com.au!
Not trustworthy!
if your family does the claim for death benefit days after the person has passed they wont payout on it.. Be aware they did this to my family! if they can find a loop whole they will.
1 comment
Angus L.LUCRF Super
Hi Marcelle, wed love to find out more about your issue. We've reviewed your file, and we might have some information that can clarify your concerns. Can you please call our contact centre on 1300 130... Read more
780 and ask to speak to our claims department? Thank you so much, Angus.Similar opinion? Write a review on ieatwords.com.au!
Find out how LUCRF Super compares to other Industry Super Funds
Know better, choose better.
Absolutely Awful
I have been with LUCRF for 7 years. Recently my wife has had cervical cancer which resulted in us having to shut down out business'. By some miracle we are now expecting another child and having no employment we reached out to withdraw under financial hardship to cover pressing bills and medical expenses.
Their communication is terrible. It took a ridiculous time to process. We had to chase them up to find out what was going on multiple times, it sounded like they barely looked at it and every time they asked for more information (after WE chas...Read more
1 comment
Angus L.LUCRF Super
Hi Terry, we are so sorry to hear of this experience you've had. With everything you've been through, that must have been stressful. It sounds like you have already made your decision which we respect... Read more
but if there is anything we can help you with please email us at [email protected] I have made them aware you may be in touch. Many thanks, Angus.Similar opinion? Write a review on ieatwords.com.au!
KenSydney, NSW
No frills but excellent super fund
Disappointed to read some of the recent reviews. I have nothing but complimentary comments. Their fees are very fair and their returns are industry acceptable depending on YOUR choice of asset class, which is wide ranging. In a recent world wide super scam in which LUCRF were targeted, among many funds, LUCRF protected and stopped a fraudulent withdrawal attempt on my super due to their security. Thank you LUCRF.
1 comment
Angus L.LUCRF Super
Hi Ken, Thank you for taking the time to post a review. We really appreciate it and we're glad we were able to help when it was needed. Cheers, Angus
Similar opinion? Write a review on ieatwords.com.au!
Terrible
Account keeps losing money hand over fist. The recent changes don’t seem to benefit me at all, they could not have been made in anyone’s best interests. Any ideas of a good performing fund?
1 comment
Angus L.LUCRF Super
Hi Daniel, thanks for reaching out, I'd love to connect you with someone in our advice team (it's at no extra cost to you if you're discussing your LUCRF Super account) to make sure your account is pe... Read more
rforming as hard as it can. If you'd like to reach out to do this you can email [email protected] Thanks so much, AngusSimilar opinion? Write a review on ieatwords.com.au!
JordoNortheast, VIC
- 5 reviews
No customer service
Lucrf have pathetic customer service standards. They don't return phone calls, and have responded to emails and online messages. I'm now looking to go to another super fund who treat members with more respect.
December 15th 2022 Update: Leaving lucrf
Im leaving becausr the level of customer service is pathetic. In fact, im still waiting a response from lucrf regarding an.issue back on August. Had to go to AFCA and still not heard anything. Lucrf needs to seriously look at the way they are handling customers- just remember, it's customers that are keeping lucrf active.
2 comments
Angus L.LUCRF Super
Hi Jordo,
We’re sorry to hear about your experience and that you’re leaving us. Our contact centre has been experiencing some high call volumes with the new regulation changes. If there’s anything we... Read more
Angus L.LUCRF Super
Hi Jordo,
We’re sorry to hear you’ve had such a disappointing experience. ... Read more
We’ve looked into this at our end and just to confirm, it does appear as though your complaint has been resolved with AFCA and your request has been fulfilled by us. However, if you have other information or if we can assist with any further information please email us or reach out to me on Facebook. Cheers, AngusSimilar opinion? Write a review on ieatwords.com.au!
bruno s.Sydney, NSW
Poor performance and customer service.
Luckily I'm not relying on super for retirement. Tried to call lucrf 5 times before EOFY to make changes but no answer.. Australian super is a much better fund, excellent customer service and at least 3% better returns..
1 comment
Angus L.LUCRF Super
Hi Bruno. I'm sorry to hear you been having trouble getting through to us. We are experiencing some high call volumes at the moment due to the 1 July changes, and we apologise for the inconvenience. I... Read more
f there is anything we can do to help please don't hesitate to email [email protected]. We really value member feedback and appreciate the time you've taken to leave this review. I will make sure this feedback is passed onto the team. If you'd like to provide any more feedback, please email us or reach out to me on Facebook.Similar opinion? Write a review on ieatwords.com.au!
'Moderate'? changes about to happen to my Death Cover
I've been with LUCRF for over 15 years and have just received a letter advising me of the 'Moderate' changes about to happen to my Death Cover. The 'Moderate' changes are - my Cover is about to go up over $6 per week. Not so horrible you say? Well the kicker is that my Total Cover is going to go down from almost $500,000 to only just over $200,000. Not happy Jan!
1 comment
Angus L.LUCRF Super
Hi Chris. We value you and your membership and would love the opportunity to discuss your cover. Could you please email us at [email protected] with your details? We'd love to get in touch. I hop... Read more
e to hear from you soon. Cheers, Angus (LUCRF Super)Similar opinion? Write a review on ieatwords.com.au!
Find out how LUCRF Super compares to other Industry Super Funds
Know better, choose better.
MarkSydney
Not the best.
Being self employed over the last many years I have built up more than enough capital up outside of super to look after me and my own well into my senior years. (Although there must be many with super accounts, lost perhaps or otherwise, carrying small balances)
Just as well for me as the balance of my super account with lucrf has remained the same at around $800 for the last 21 years. Each year i get credited with about $80 in revenue which is swifty debited by a similar amount per fees. Hmmm. Doing the sums that’s not much return for me ov...Read more
er 2 decades...unmoved at just over $800..... with about $2000 over those same years for lucrf. No doubt this fee structure and practice is prevalent across the industry so it’s not too fair to point the bone solely at lucrf in this instance. Perhaps under a certain balance there should be reduced fees or total fees should never be more than a certain percentage of income credited with no “minimal fees” allowed. Interesting to see if it’ll be addressed under the Hayne Royal Commission.Similar opinion? Write a review on ieatwords.com.au!
TessaPerth
Excellent
Meeting with Arpita Bhatt
We have been with LUCRF for 10 years. Due to recent changes in our situation we had a need to speak to a financial adviser. In our dealings with Arpita we have found her to be friendly, efficient, patient and extremely helpful. She has not rushed us, but taken the time to explain our options. We feel she has nothing but our best interests at heart and we feel very comfortable in our discussions with her. She is a credit to the organisation.
Similar opinion? Write a review on ieatwords.com.au!
boruSydney, NSW
- 31 reviews
- 24 likes
The best of a bad lot
So I was a member of this superannuation scheme for about 15 years.
Some years the returns on the investments were quite superior to all other funds
but this superannuation scheme, labor union cooperative retirement fund, Is just a retirement job for burned-out union officials
Some of these jokers who wouldn't be sober for much of the day are earning in excess of $200,000 a year.
And by the way nearly all the senior positions at the superannuation fund held by ex-union officials who wouldn't know a profit and loss ledger from a fish wrapper...Read more
Similar opinion? Write a review on ieatwords.com.au!
gpmaca
- 2 reviews
- 1 like
Would not recommend
My employer signed me up for LUCRF as it was their default fund. As I am only 18 and don't always work enough each month to earn super, my employer doesn't regularly make payments into my account. The insurance was automatically turned on when the account was opened and when I noticed I asked them to turn it off and they said since I had called within 30 days of the account being opened that the insurance could be cancelled without charge. But I was still charged the insurance and with their monthly and quarterly fees, my account balance was drained to zero within 3 months.
1 comment
Angus L.LUCRF Super
Hi gpmaca,
We're sorry to hear about this. Could you please private message us with your name, date of birth and phone number? Once we receive them, one of our contact centre team will be in touch to... Read more
help. Alternatively, you can call us on 1300 130 780 during business hours. We look forward to hearing from you. Cheers Tam, LUCRF Super.Similar opinion? Write a review on ieatwords.com.au!
In safe hands
I have been with LUCRF for many years and happy in my choice to stay with this fund.
Raj Singh has been there to answer any questions and give advice, which has made feel well looked after .
I don't feel the need to change my fund and happy to stay with LUCRF .
thanks Raj
Similar opinion? Write a review on ieatwords.com.au!
Tony
- 10 reviews
Great Super Fund.
I've been with LUCRF Super for a few years now. I'm very happy with the service, good performance, and lots of investment options ( 10 in total ) to choose from. Fees are very reasonable too. The staff are very professional, knowledgeable, and friendly. I would rate them 5 stars out of 5. Can highly recommend them.
Similar opinion? Write a review on ieatwords.com.au!
Find out how LUCRF Super compares to other Industry Super Funds
Know better, choose better.
Retirement made easy
I got answers to all my questions re organising finances for retirement. The advice I received will enable me to maintain my lifestyle in retirement.I couldn’t be more satisfied.
Similar opinion? Write a review on ieatwords.com.au!
DASMelbourne
- 6 reviews
Great customer service - knowledgeable staff
When speaking with LUCRF Super their staff have always been friendly and knowledgeable. You speak to a real person, locally here in Australia, not a machine. They sorted out the administration of my paperwork quickly. Their investment performance has been good too.
Similar opinion? Write a review on ieatwords.com.au!
SEANGreater Melbourne (Inner), VIC
- 9 reviews
Poor customer service
Customer service is unhelpful, vexing & patronising
Difficult to deal with especially when trying to change funds &/or remove auto insurance sign ups.
Fund is generic with minimal investment options.
Similar opinion? Write a review on ieatwords.com.au!
Caz50AU
Keeping you informed !
I have been with LUCRF for over 5 years and they have consistently performed over and above my other existing account with Australian Super. Their Website is informative, and Contact over the phone showed me impressive Customer service.
Similar opinion? Write a review on ieatwords.com.au!
Questions & Answers
The Nhan PHANasked
How to see my Super Account balance?
2 answers
Balance Account 229504
Angus L.LUCRF Super
Hi The Phan, Thanks for reaching out! I would encourage you to delete this question only because it shares your private information! If you'd like to see your super balance you can do a couple of things;
1. Download our LUCRF Super app you can check your balance here.
2. Create an account through our member portal on the website https://portal.lucrf.com.au/portalclient/public.aspx?Member=SM
3. Email [email protected] or call us on 1300 130 780 and our contact centre can let you know.
Cheers
Angus
Samboasked
Your property portfolio is currently giving a fantastic return.
What is the fund made up of?
Are there any restrictions by putting it into property? Can you still change portfolios as you can other portfolios ie balanced, High risk etc?
1 answer
Angus L.LUCRF Super
Hi Sambo. Thanks for reaching out and asking about this option. It invests entirely in Australian listed property. You can find out more about this option, including other investments, in our handy investments guide: https://lucrf.com.au/sites/lucrf.com.au/files/publications/1518/investments-guide_1.pdf. If you’d like to chat more, please don’t hesitate to contact us on 1300 130 780 or email [email protected]. Cheers, Angus (LUCRF Super)
Jovilisi T Raiwaluiasked
Do you provide Home Loans?
ieatwords.com.au has affiliate partnerships. These do not influence our content moderation policies in any way, though ieatwords.com.au may earn commissions for products/services purchased via affiliate links.
Angus L.LUCRF Super
Hi there, we're sorry to hear about the experience you've had, especially as a long-term member. It sounds like you have already made your decision, which we respect, but if there is anything we can h... Read more
elp you with please email us at [email protected]. Many thanks, Angus.