RateCity.com.au
Advertisement

AustChoice Super - Account Based Pension

Past 5-year return
10.95%
Admin fee
$53
Calculated Fees on 50k
$822
Extensive investment choice.
Ability to maintain AustChoice Super membership regardless of work status through the three divisions available within AustChoice.
Dedicated customer service staff.
AustChoice Super Account Based Pension is a division of the IOOF Portfolio Service Superannuation Fund providing members with income in retirement. This product is closed to new members.AustChoice Super offers members an extensive investment menu comprising of ready-made diversified and single sector portfolios, externally managed funds, listed investments and term deposits. The performance of the MultiMix Balanced Growth Trust option is in line with the SuperRatings Index over the 5 years to 30 June 2017.Fees are higher than the industry average across all account balances assessed, although discounts do apply once the member's account balance exceeds $100,000. The fund offers reasonable flexibility, with monthly, quarterly, half yearly and annual pension payments available to members. Pension payments can be automatically indexed by the CPI or a fixed percentage each year. Members also have access to a number of estate planning options, including binding nominations, non-binding nominations and reversionary beneficiaries. Other featured include secure online member access, financial planning and consolidated reporting.

Fees & fund features

Admin fee
Admin fee
$53
Exit fee
Exit fee
$133
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
1.05%
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
$53
Exit fee
Exit fee
$133
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
1.05%
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
Compare your product with the big 4 banks, or add more products to compare