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Macquarie Wrap - Pension Consolidator

Past 5-year return
9.80%
Admin fee
$696
Calculated Fees on 50k
$1,158
Extensive investment menu including direct listed securities investments.
Portfolio-based pricing.
Rich adviser functionality.
Premium service.
Individual tax processing.
Individual client Holder Identification Numbers.
Fully functional cash account.
Macquarie Wrap - Pension Consolidator is part of the Consolidator suite of Wrap products offered by Macquarie Investment Management Limited and is designed for members who have advisers to assist them with personal advice in respect to their investments.Members are able to access an excellent range of investment options, including over 500 managed investments, Australian listed securities, a variety of term deposits and Separately Managed Account (SMA) Model Portfolios. The Macquarie Master Balanced Fund underperformed the SuperRatings Index over the 5 years to 30 June 2017.Fees are higher than the industry average across all account balances assessed; however, a reduced administration fee applies to account balances over $200,000. Additional SMA administration and Cash Hub administration fees may apply. There are no exit fees, while a switching fee is charged to changing investment options and participating in corporate actions.Macquarie Wrap - Pension Consolidator offers a reasonable level of flexibility with a choice of 4 pension payment frequencies. Beneficiary options are comprehensive, including non-lapsing binding and non-binding death benefit nominations, as well as reversionary pensions and child pensions. Members and their adviser can track investments and access comprehensive reports online, while online trading is also available to advisers. Additionally, members have access to an automatic rebalancing facility to ensure their account stays in-line with their investment strategy.

Fees & fund features

Admin fee
Admin fee
$696
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
0.92%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$21
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
$696
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
0.92%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$21
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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