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What the Researchers Say:

A 'best value for money' superannuation fund. Well balanced across all key assessment criteria in a robust, secure and proven risk framework. The fund provides features that should assist most individuals to meet their retirement savings goals.

You should contact your financial adviser or this fund before making an investment decision.

  • Platinum
  • 7 Year Platinum Performance
  • Pension of the Year Finalist
Awards
Fund data valid as of April 30, 2017

Typical Fees

Balance This Fund Industry Average Difference
50k $420 $683 -$263
250k $2,100 $2,912 -$812
500k $4,000 $5,522 -$1,522

Investment Allocation

Intl shares 24.0%
Aus shares 31.0%
Property 8.0%
Alternative 7.0%
Fixed interest 30.0%

Fees & Charges

Membership Fee $0
Asset Admin Fee 0.04%
Investment Fee 0.80%
Switching Fee $0
Exit Fee $60
Account Size Discount Yes
Employer Size Discount N/A

Fund Features

Financial Planning Service
Health Insurance
Home Loans
Credit Cards
Binding Nominations
Non-lapsing Binding Nominations
Insurance Life Event Increases
Anti-detriment Payments
Long Term Income Protection

About this Fund

Total Assets $34,387,000,000
Year Started 2010
Target Market
Offered to Public?
Fund Type Master Trust-Allocated Pension

Fund Highlights - provided by OnePath OneAnswer Frontier Pension

Tax effective super to pension transfers - no transaction costs charged and bonus paid to refund unrealised capital gains tax.
Extensive investment menu including capital protected funds and term deposits.
Simple and transparent fees.
Interactive online financial education, calculators and seminars.

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 9.13%
4.31%
11.91%
14.40%
18.49%
1.53%
Fund
Benchmark
High Growth 14.15%
15.35%
0.17%
0.82%
11.57%
13.21%
16.53%
17.79%
21.85%
22.59%
-5.01%
-3.09%
Fund
Benchmark
Conservative Balanced 7.03%
7.72%
2.95%
3.46%
8.48%
8.25%
10.72%
11.01%
11.90%
12.60%
1.29%
3.18%
Fund
Benchmark
Diversified Fixed Interest 1.51%
1.71%
6.67%
5.02%
4.74%
4.29%
5.96%
6.40%
3.55%
4.74%
8.84%
9.58%
Fund
Benchmark
Australian Shares 14.62%
15.98%
-2.75%
2.22%
4.78%
6.75%
17.68%
18.31%
25.83%
23.30%
-7.87%
-6.67%
Fund
Benchmark
Overseas Shares 13.53%
16.90%
8.11%
-2.72%
27.52%
20.36%
19.50%
19.88%
34.15%
29.76%
-5.29%
-3.07%
Fund
Benchmark
Capital Stable 4.34%
5.25%
3.92%
3.64%
6.79%
6.35%
7.84%
8.17%
7.72%
9.14%
4.21%
4.79%
Fund
Benchmark
Property 3.43%
5.99%
21.19%
13.83%
16.54%
10.92%
14.36%
10.68%
23.14%
12.91%
7.94%
7.92%
Fund
Benchmark
Cash 1.19%
1.62%
1.80%
2.25%
2.16%
2.61%
2.22%
2.78%
3.09%
3.48%
4.26%
4.76%
Fund
Benchmark
  • Legend:
  • 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.

Option Type Percentage of Growth Assets
min-max %
High Growth 91-100%
Growth 77-90%
Balanced 60-76%
Conservative Balanced 41-59%
Capital Stable 20-40%
Secure 0-19%

What the researchers say

OneAnswer Frontier is a comprehensive fee for service advice solution offered by OnePath, ANZ's brand for wealth, insurance and advice. OnePath OneAnswer Frontier Pension has achieved a Platinum rating for the past 8 consecutive years.

OneAnswer Frontier offers a comprehensive investment menu, providing members with access to over 80 managed funds, including OptiMix Manage the Managers funds and OnePath Multi-manager funds, as well as a range of Term Deposits. The Vanguard Growth Index option has outperformed the SuperRatings Index over the 5 years to 30 June 2016.

Fees are competitive and lower than the industry average across all member account balances assessed, with rebates available on account balances over $300K. An exit fee is applied upon the closure of an account, while no switching fee is charged.

OnePath OneAnswer Frontier Pension provides good flexibility, with members having the ability to receive payments monthly through to annually, as well as 'At Call' access to their income through ANZ ATMs, EFTPOS, ANZ Branches, ANZ Internet Banking and ANZ Phone Banking. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions.

A range of online resources and services are available through the fund's website, while 'InvestorBenefits' provide members with access to a range of discounts and special offers.