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AMIST Pension

Past 5-year return
11.15%
Admin fee
$88
Calculated Fees on 50k
$603
Low fees
Solid. Strong. Yours.
Affinity with members and employers
Choice of 5 investment options
Comprehensive and complete financial advice
Education seminars nationwide member service visits
Member specific over the phone financial advice at no additional cost
Originally established to serve members in the meat industry, AMIST (Australian Meat Industry Superannuation Trust) Super is today a public offer industry fund with all profits generated by the fund distributed to members. The Pension product was introduced in 2005. The AMIST Pension investment menu consists of 5 Diversified and Single-Sector investment options suitable for members with different risk profiles. The Balanced option has outperformed the SuperRatings Index over the short and long term.Fees for the Balanced option are lower than the industry average across all assessed account balances. No Switching fee is charged for changing investment options and the Indirect Cost Ratio (ICR) is capped at 0.10% p.a. However, exit fees apply for withdrawals. AMIST Pension offers a reasonable level of product flexibility to members, with the ability to choose from a variety of payment frequencies ranging from fortnightly to annually. Members can also nominate a fixed percentage draw-down order for pension payments or pro-rata across investments. A minimum initial investment of $20,000 is required to commence an allocated pension, or a Transition to Retirement Pension for pre-retirees. A range of ancillary benefits are available to members, including discounted home loans, credit cards, savings accounts and health insurance. Members also have access to financial planning services via Link Advice, and can request rollovers through the online MemberAccess portal.

Fees & fund features

Admin fee
Admin fee
$88
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.96%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$88
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.96%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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