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Russell iQ Retirement

Past 5-year return
10.27%
Admin fee
$0
Calculated Fees on 50k
$600
Contribution and pension accounts in one.
Banking facility - at call access to pension (via ATM, internet, phone and branches).
Fee rebates for account balances over $500,000 and $1 million, including family linking.
Online transaction access to account.
Dedicated pension helpline answered by specialist team.
External financial advice solution.
No fees to move money between contribution and pension accounts.
Russell iQ Retirement is offered by Russell Investments, a leading global asset manager. Russell iQ Retirement was launched in 2007 and a minimum initial investment of $50,000 is required to commence membership. Russell Investments was a finalist for the 2018 Best New Innovation Award for the Russell Investments Super App. The fund offers members a choice of 6 Diversified and 7 Single Sector options, with members able to invest in up to 12 investments at any one time. The Balanced Portfolio underperformed the SuperRatings Index over the 5 years to 30 June 2017.Fees are lower than the industry average across all account balances assessed, while fee rebates apply to management fees on account balances over $500,000. Members are able to switch investment options and make withdrawals at no cost.Russell provides an excellent level of flexibility, with members having the ability to receive payments fortnightly through to annually. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions.A range of online tools, calculators and educational resources are available through the fund's website. Further, members are able to view and updated account details, as well as perform transactions through secure online account access.

Fees & fund features

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
0.93%
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
0.93%
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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