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MAP Pension Plan

Past 5-year return
7.68%
Admin fee
$0
Calculated Fees on 50k
$940
8 investment options
Online education with newsletters sent via email as well as calculators and publications on the website
First 4 switches are free
In-house investment managers that are accessible to members
Group fee discounts apply
Comprehensive financial planning service available
Various death benefit nominations available including binding lump-sum and reversionary
Originally established to cater for people working in the medical profession, MAP Super is now a public offer super fund servicing a variety of employees. The fund joined the OneVue group in February 2014.MAP Pension members have access to 8 Diversified and Single-Sector investment options. The MAP Balanced option has underperformed the SuperRatings Index over the short term and long term. Fees for this product are higher than the industry average across all account balances assessed. The member administration fee is subject to a minimum fee of $150 pa, but reduces as the account size grows, capped on balances over $1.5 million. Furthermore, members may be entitled to partner fee discounts by adding up their partner's accounts held with the fund. However, transaction fees apply for full withdrawals and switches (0.4% per subsequent switch after 4 free switches each year). A reasonable level of pension flexibility is provided, including a choice of 4 pension payment frequencies ranging from monthly to annually. Members can also nominate a fixed percentage pension drawdown order or pro-rata across investments. A minimum initial investment of $20,000 is required to commence a MAP Pension, and a Transition to Retirement Pension is also available. A comprehensive financial advice service is available to members via Map Financial Planning.

Fees & fund features

Admin fee
Admin fee
$0
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.15%
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
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.15%
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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