Bendigo SmartOptions PensionInformation shown is for the rated option.
What the Researchers Say:
A "reasonable value for money" fund that is performing well in a number of assessment areas but with average or below average features and/or performance in a number of other areas of our assessment.
You should contact your financial adviser or this fund before making an investment decision.
|Balance||This Fund||Industry Average||Difference|
Fees & Charges
|Asset Admin Fee||0.00%|
|Account Size Discount||Yes|
|Employer Size Discount||N/A|
|Financial Planning Service|
|Non-lapsing Binding Nominations|
|Insurance Life Event Increases|
|Long Term Income Protection|
About this Fund
|Offered to Public?|
|Fund Type||Master Trust-Allocated Pension|
Fund Highlights - provided by Bendigo SmartOptions Pension
What the researchers say
Bendigo SmartOptions Pension is a sub-plan of The Bendigo Superannuation Plan which was established in 1988. The Bendigo SmartOptions product range includes a superannuation and pension product designed to provide members with flexibility to actively manage their super investment.
Bendigo SmartOptions Pension offers members an investment menu consisting of managed funds (including annuity funds), a cash product, term deposits and S&P/ASX 200 listed securities. Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings Indices.
Fees are relatively high across small and medium account balances due to a minimum administration fee of $480, while a tiered administration fee applies for account balances over $250,000. There are no exit fees and members can switch between investment options at no cost.
Bendigo SmartOptions Pension offers a good level of flexibility, including 4 pension payment frequencies and an ability to have pension payments adjusted to the CPI or by a certain percentage. Beneficiary options available include binding nominations, as well as reversionary beneficiary, including child nominations
The Fund offers members access to financial planning services, comprehensive online educational materials and the ability to view account details and perform transactions through the fund's website.