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What the Researchers Say:

An Other rated fund usually has average or below average features and/or performance across a number of assessment areas. These funds frequently have many competitors that offer superior performance and structures in a more efficient environment.
You should contact your financial adviser and/or this fund directly before making an investment decision.

  • Other
Awards
Fund data valid as of June 30, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $575 $706 -$131
250k $2,875 $3,047 -$172
500k $5,750 $5,779 -$29

Investment Allocation

Aus shares 55.0%
Property 7.5%
Alternative 17.5%
Fixed interest 20.0%

Fees & Charges

Membership Fee $0
Asset Admin Fee 0.00%
Investment Fee 1.15%
Switching Fee $0
Exit Fee $0
Account Size Discount No
Employer Size Discount N/A

Fund Features

Financial Planning Service
Health Insurance
Home Loans
Credit Cards
Binding Nominations
Non-lapsing Binding Nominations
Insurance Life Event Increases
Anti-detriment Payments
Long Term Income Protection

About this Fund

Membership 41,846
Total Assets $7,420,000,000
Year Started 1997
Target Market
Offered to Public?
Fund Type Corporate-Allocated Pension

Fund Highlights - provided by Australia Post Superannuation Scheme - Allocated Pension

No information was provided by the fund to SuperRatings, hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Growth 3.38%
2.80%
3.38%
2.80%
15.26%
11.50%
10.70%
15.91%
9.27%
19.45%
8.30%
-1.21%
Fund
Benchmark
Cash 1.98%
2.25%
1.98%
2.25%
2.50%
2.61%
2.52%
2.78%
3.20%
3.48%
4.58%
4.76%
Fund
Benchmark
  • Legend:
  • Outperformed average
  • Underperformed average
  • Negative returns

Annualised figures are the average per year returns of the rated option based on the cumulative returns for the past 5 years to 30/06/2015, past performance is not a reliable indicator of future performance. Performance and fee data is based on the option which is rated by SuperRatings and stated on each product's landing page.

Benchmark investment information - how performance is measured

To ensure comparability for consumers, the RateCity superannuation comparison is based on the asset allocation of each of the MySuper/Pension products, irrespective of the name of the investment option. This methodology allows consumers to compare products on a like for like basis and removes any ambiguities associated with the name of the investment option. For example, an investment option may be classified as growth, however its asset allocation may in fact mean it should be classified as high growth. By using the asset allocation as the dominant identifier, we believe this provides the most robust framework for consumers to compare funds and recognise that this is a consistent approach to that of SuperRatings methodology.

Option Type Percentage of Growth Assets
min-max %
High Growth 91-100%
Growth 77-90%
Balanced 60-76%
Conservative Balanced 41-59%
Capital Stable 20-40%
Secure 0-19%

What the researchers say

The Australia Post Superannuation Scheme Allocated Pension opened in 1997 as a superannuation offering for current and former employees of Australia Post and Australian Air Express, together with their spouses. The Australia Post Allocated Pension is designed for previous members of the defined benefit Australia Post Superannuation Scheme and is not open to the public.

A limited selection of investment strategies is offered consisting of a Growth style option (called Market Return Member Savings) and a Cash option. Returns of the Cash Return Member Savings option are protected by a capital guarantee. Returns of the Market Return Member Savings are expected to return more than Cash Return Member Savings over the long term, but without a capital guarantee. The Market Return Member Savings option has outperformed the SuperRatings Index over the short and long term.

Fees associated with this product are lower than the industry average for all account balances assessed. However, ongoing investment management costs are paid for by the member.

The Australia Post Allocated Pension provides average product flexibility, with monthly, quarterly or annual pension payment frequencies available. Members have little extra in the way of additional features on offer, although a transition to retirement pension (called Pre-Retirement Pension) is available for member's wanting to top up their salary in the lead up to retirement.


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