RateCity.com.au
Advertisement

MLC Navigator Retirement Plan Series 2 - Account Based Pension

Past 5-year return
New fund
Admin fee
$375
Calculated Fees on 50k
$762
No information was provided by the fund to SuperRatings. Hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS.
MLC Navigator Retirement Plan Series 2 is a sub-plan of the MLC Superannuation Fund and is designed to enable the establishment of a diversified portfolio accessing the primary investment markets of cash, fixed interest, equities and property through the various investment strategies offered.Members are able to access an excellent range of investment options, including a range of wholesale investment alternatives managed by leading fund managers, a range of shares listed on the Australian Securities Exchange (ASX), Exchange Traded Funds (ETFs), a variety of various Term Deposits and a Separately Managed Account (SMA). Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings indices.Fees associated with this product are lower than the industry average across medium and large account balances assessed. Discounts and fee caps apply to the administration fee based on account balances, including linked accounts, while a portion of the fees are negotiable with financial advisers.The fund provides reasonable pension flexibility, with a selection of 4 payment frequencies as well as the ability to automatically increase pension payments by CPI or a nominated percentage annually. Beneficiary options are comprehensive, including non-lapsing binding and non-binding death benefit nominations, as well as reversionary pensions.Members have online access to their portfolio information, with their financial adviser having the ability to transact and obtain reports on their behalf. Additionally, members have access to an automatic re-weighting facility that allows for eligible investment options to be re-weighted on a quarterly, half yearly or yearly basis.

Fees & fund features

Admin fee
Admin fee
$375
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
0.70%
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
$375
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
0.70%
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
Compare your product with the big 4 banks, or add more products to compare