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IOOF Pursuit - Core Allocated Pension

Past 5-year return
10.47%
Admin fee
$0
Calculated Fees on 50k
$950
Only $10,000 minimum investment required
Access to term deposits and over 3.5 million investment options
Transparent fees - one administration fee regardless of how many times the member transacts on their account
Members can track their investment online through Portfolio Online
Comprehensive and consolidated reporting
Switchability between products
IOOF Pursuit is a Division of the IOOF Portfolio Service Superannuation Fund and comprises a range of flexible superannuation products, including IOOF Pursuit Core, IOOF Pursuit Focus and IOOF Pursuit Select. IOOF Pursuit Core is closed to new business from the general public. IOOF Pursuit allows quick and easy movement between the different Pursuit models and between superannuation and pension products under the Pursuit banner as members' investment needs change.Members have access to a broad range of Diversified and Asset Specific investment options, as well as Term Deposits. The IOOF MultiSeries 70 underperformed the SuperRatings Index over the 5 years to 30 June 2016.Fees are higher than the industry average across all account balances assessed. Administration fees include ongoing commissions of up to 0.60% pa paid to the financial adviser, however these can be negotiated and will depend on the individual. IOOF Pursuit Core Allocated Pension provides good flexibility, with members having the ability to receive payments twice-monthly through to annually, on a date set by the fund. Pension payments can be indexed each year by a specific percentage or in-line with CPI. 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. Members also have access to comprehensive and consolidated reporting on all investments in their account via Portfolio Online.

Fees & fund features-0

Admin fee
Admin fee
$0
Exit fee
Exit fee
$0
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
$0
Exit fee
Exit fee
$0
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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