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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
  • Infinity Recognised
Awards
Fund data valid as of May 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $505 $707 -$202
250k $2,525 $3,049 -$524
500k $4,350 $5,783 -$1,433

Investment Allocation

Intl shares 26.5%
Aus shares 26.5%
Property 11.0%
Alternative 16.0%
Fixed interest 12.0%
Cash 3.0%
Other 5.0%

Fees & Charges

Membership Fee $0
Asset Admin Fee 0.35%
Investment Fee 0.66%
Switching Fee $0
Exit Fee $0
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

Membership 101,758
Total Assets $7,620,000,000
Year Started 2007
Target Market
Offered to Public?
Fund Type Industry-Allocated Pension

Fund Highlights - provided by Vision Super - Allocated Pension (Public Offer)

A genuine members first philosophy aimed at maintaining a lifelong relationship with members.
A flexible, tax-effective income stream in retirement.
Flexible member investment choice with solid historical performance.
Free financial planning advice, with no commissions to financial planners or advisors.
In-house call centre where members speak direct to consultants.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 4.27%
10.09%
15.50%
14.60%
2.85%
11.18%
Fund
Benchmark
High Growth 2.50%
3.50%
12.09%
13.21%
21.17%
17.79%
23.38%
22.59%
-3.39%
-3.09%
12.55%
11.80%
Fund
Benchmark
Conservative Balanced 4.47%
3.85%
8.75%
8.25%
13.10%
11.01%
12.44%
12.60%
4.57%
3.18%
10.25%
9.13%
Fund
Benchmark
Diversified Fixed Interest 4.39%
3.91%
4.25%
4.29%
6.27%
6.40%
3.16%
4.74%
10.94%
9.58%
5.67%
6.56%
Fund
Benchmark
Growth 4.12%
4.21%
11.29%
11.50%
17.99%
15.91%
17.49%
19.45%
1.05%
-1.21%
12.04%
11.20%
Fund
Benchmark
Australian Shares 4.37%
5.54%
5.36%
6.75%
19.95%
18.31%
19.65%
23.30%
-4.66%
-6.67%
14.17%
12.47%
Fund
Benchmark
Overseas Shares 0.37%
0.46%
21.36%
20.36%
22.39%
19.88%
27.32%
29.76%
-2.21%
-3.07%
10.53%
7.44%
Fund
Benchmark
Capital Stable 4.21%
3.63%
6.53%
6.35%
9.46%
8.17%
8.35%
9.14%
6.53%
4.79%
8.55%
7.97%
Fund
Benchmark
Cash 2.30%
2.08%
3.04%
2.61%
3.28%
2.78%
4.20%
3.48%
5.51%
4.76%
5.90%
5.05%
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 30/06/2015, 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

Vision Super Allocated Pension was established in 2007 when the fund became public offer. With a $10,000 minimum initial investment, individuals can benefit from an income stream that is competitive across all key areas. The fund has retained the SuperRatings Platinum award for the eighth consecutive year and is Infinity Recognised for the seventh year running for demonstrating excellent environmental and social principles.

The investment menu caters to a variety of investors, providing a choice of five Asset Specific and four Diversified sector strategies, using a Multi Manager approach. Investment return for the Allocated Pension Balanced Growth option sat below the SuperRatings index in 2015, however long term performance continues to outperform the index.

Fees are lower than the industry average across all account balances assessed. The fee structure incorporates an asset based administration fee and a fixed annual member fee, while no transaction charges apply. Furthermore, administration fees are capped at $1,050, providing additional savings for members with higher account balances.

The product is flexible compared to offerings from other funds. Members can choose between 5 payment frequencies while death benefit options include binding, non-binding nominations and reversionary pension. Additional servicing benefits include financial planning services, health insurance, home loans and credit cards. Members also have the ability to make investment switches and personal contributions online, with a wide range of online tools, calculators, forms and guides to assist them in making informed choices.