IPE Super Account Based PensionInformation shown is for the rated option.
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.
|Balance||This Fund||Industry Average||Difference|
Fees & Charges
|Asset Admin Fee||0.25%|
|Account Size Discount||No|
|Employer Size Discount||N/A|
|Financial Planning Service|
|Non-lapsing Binding Nominations|
|Insurance Life Event Increases|
|Long Term Income Protection|
About this Fund
|Offered to Public?|
|Fund Type||Corporate-Allocated Pension|
Fund Highlights - provided by IPE Super Account Based Pension
Investment Option Performance
|Asset Allocation Category||FYTD||FY 2015||FY 2014||FY 2013||FY 2012||FY 2011||Comparison|
- 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.
Percentage of Growth Assets
What the researchers say
IPE Super (the Incitec Pivot Employees Super Fund) opened in November 2006 as a corporate superannuation fund designed for current and former employees of IPE and associated companies, along with their spouses. The fund is not open to the public and a minimum of $25,000 is required to commence an Account Based Pension.
IPE Super pension members are offered a choice of 6 investment options. Performance of the fund's Pension Balanced option has not been available in the shorter term.
Fees are less expensive than the industry average across all account balances assessed. However, an investment switching fee and exit fee do apply.
Pension flexibility is rated as below average. Members receive pension payments monthly into their bank account on the 15th of each month. The fund does however offer both binding and non-binding death nominations.
IPE Super offers its members access to a simple online site with information on the fund and investment performance. Regular communication is also available for members via the quarterly newsletter IPE Super News.