Macquarie SuperOptions - Allocated Pension PlanInformation 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||0.00%|
|Account Size Discount||Yes|
|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||Master Trust-Allocated Pension|
Fund Highlights - provided by Macquarie SuperOptions - Allocated Pension Plan
Investment Option Performance
|Asset Allocation Category||FYTD||FY 2016||FY 2015||FY 2014||FY 2013||FY 2012||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 30/06/2016, 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
Macquarie SuperOptions - Pension Plan was established in 1992 and is one of a range of pension products offered by Macquarie. Macquarie SuperOptions - Pension Plan closed to new investments effective 1 June 2012.
The Fund offers a good choice of investment options including Sector-Specific and Multi-Sector investment options, enabling members to tailor their portfolios. The Macquarie Balanced option has underperformed the SuperRatings Index over the short and long term.
Fees are higher than the industry average across all account balances assessed. However, certain portions of the fees are negotiable with financial advisers and a rebate applies to the management fee on account balances over $200,000. No transaction fees are charged for withdrawals or switching investments.
Macquarie SuperOptions offers a reasonable level of flexibility with a choice of 4 pension payment frequencies. Members have the ability to automatically increase pension payments by a nominated percentage or by CPI annually. Beneficiary options are comprehensive, including non-lapsing death benefit nominations, as well as reversionary pensions, including child pensions.
Macquarie Wealth Management is able to offer comprehensive member education and access to financial advisers. Online access to portfolio information including past transactions, account balance and insurance cover are also available to members.