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.

  • Silver
Fund data valid as of July 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $413 $705 -$292
250k $1,673 $3,036 -$1,363
500k $3,248 $5,756 -$2,508

Investment Allocation

Intl shares 20.0%
Aus shares 33.0%
Property 7.0%
Fixed interest 30.0%
Cash 10.0%

Fees & Charges

Membership Fee $98
Asset Admin Fee 0.20%
Investment Fee 0.43%
Switching Fee $0
Exit Fee $0
Account Size Discount No
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 $631,771,173
Year Started 2013
Target Market
Offered to Public?
Fund Type Master Trust-Allocated Pension

Fund Highlights - provided by Bendigo SmartStart Pension

A low cost, easy to understand and easy to manage superannuation and pension solution that offers a range of simple and convenient investment options and a range of competitively priced group insurance options. It's smart on fees and its lifecycle MySuper investment strategy allows the customer to 'set and forget' their super until it's time to for them to retire by changing a member's risk profile based on their age. Bendigo SmartStart has been designed to meet all stages of a customer's life whether they are starting out, moving up, doing business, looking to retire or in retirement.

What the researchers say

Bendigo SmartStart Pension is part of The Bendigo Superannuation Plan which was established in 1988. Bendigo SmartStart Pension is an account-based pension which aims to provide a low-cost and easy-to-use solution to help members in retirement or in transition to retirement. A minimum initial investment of $10,000 is required to commence membership.

Bendigo SmartStart Super offers members an investment menu consisting of 10 Diversified options, an Income Fund and a Cash Investment option. As this product was launched in July 2013, no performance data is currently available. Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings Indices.

The fee structure for Bendigo SmartStart Pension is competitive, with fees lower than the industry average across all account balances assessed. There are no exit fees and members can switch between investment options at no cost.

Bendigo SmartStart 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.