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IOOF Employer Super Pension

Past 5-year return
10.95%
Admin fee
$182
Calculated Fees on 50k
$1,112
Extensive Investment menu. Bi-annual benefit statements.
Online access to account details via the IOOF Employer Super including the ability to update personal details, trade in equities and switch managed funds.
Pension members can elect to automatically index pension payments to CPI or another discretionary percentage.
Pension is available as a transition to retirement pension.
In-specie transfer of share holdings available prior to commencement of pension.
IOOF Employer Super is a Division of the IOOF Portfolio Service Superannuation Fund and is a lifetime portable super solution that provides members with extensive choice and flexible features. Members have access to a comprehensive investment menu, including ready-made portfolios, managed funds, direct share and term deposits. The MultiMix Balanced Growth Trust underperformed the SuperRatings Index over the 5 years to 30 June 2016.Fees are higher than the industry average across all assessed account balances; however, a reduced administration fee is applicable on account balances over $250K. Members are able to switch investment options without incurring a switching fee, while an exit fee is applied for partial withdrawals, with the first lump sum withdrawal per financial year offered free of charge. IOOF Employer Super Pension provides reasonable flexibility, with members having the ability to receive payments monthly through to annually, on a date set by the fund. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions.A range of online tools and educational resources are available through the fund's website. IOOF Online allows members to view and updated account details, as well as perform transactions, including switching investments and buying and selling listed and managed investments.

Fees & fund features-0

Admin fee
Admin fee
$182
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
0.00%
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
$182
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
0.00%
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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