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OnePath OneAnswer Pension

Past 5-year return
7.94%
Admin fee
$0
Calculated Fees on 50k
$1,295
Range of high interest cash funds that are government guaranteed and non-government guaranteed.
Innovative capital protected multi-sector and Australian share funds with no minimum lock in period for protection.
Flexible fee options - Entry fee, Nil Entry Fee and Fee for Service fee structures.
Tax effective super to pension transfers - bonus paid to refund unrealised capital gains tax and transaction costs.
OnePath OneAnswer is a comprehensive fee for service advice solution offered by OnePath, ANZ's brand for wealth, insurance and advice. OnePath OneAnswer Pension is closed to new members and is only available to existing investors as at 1 July 2013.OnePath OneAnswer provides members with access to a comprehensive investment menu comprising OptiMix Manage the Managers funds and OnePath Diversified Multi-manager funds, as well as a range of Term Deposits. The OnePath Managed Growth (NCF) 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, the dollar based administration fee is waived on account balances in excess of $10K, while rebates may apply to account balances over $100K and an additional rebate is applied to all account balances after four years of each investment. OnePath OneAnswer Pension offers good flexibility, with members having the ability to receive payments monthly through to annually and members able to choose from multiple payment dates. Members with more than one investment option can nominate the options from which payments are to be drawn. Members are furthermore able to invest in ANZ Prime CMA which provides at-call access to pension funds like a regular bank account. Beneficiary options include non-lapsing binding death benefit nomination and 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.

Fees & fund features-0

Admin fee
Admin fee
$0
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
2.55%
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
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
2.55%
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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