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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 July 31, 2017

Typical Fees

Balance This Fund Industry Average Difference
50k $475 $674 -$199
250k $2,375 $2,880 -$505
500k $4,050 $5,462 -$1,412

Investment Allocation

Intl shares 29.0%
Aus shares 24.0%
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 0.60%
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

Total Assets $7,712,807,000
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 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 0.72%
12.95%
2.96%
10.09%
15.50%
14.60%
Fund
Benchmark
High Growth 1.00%
-0.04%
19.58%
15.03%
-0.58%
0.82%
12.09%
13.21%
21.17%
17.79%
23.38%
22.59%
Fund
Benchmark
Conservative Balanced 0.63%
0.04%
11.40%
7.94%
3.60%
3.46%
8.75%
8.25%
13.10%
11.01%
12.44%
12.60%
Fund
Benchmark
Diversified Fixed Interest 0.38%
0.33%
2.30%
2.30%
5.71%
5.02%
4.25%
4.29%
6.27%
6.40%
3.16%
4.74%
Fund
Benchmark
Growth 0.83%
0.00%
15.28%
13.11%
2.15%
2.80%
11.29%
11.50%
17.99%
15.91%
17.49%
19.45%
Fund
Benchmark
Australian Shares -0.02%
0.02%
13.58%
14.45%
1.53%
2.22%
5.36%
6.75%
19.95%
18.31%
19.65%
23.30%
Fund
Benchmark
Overseas Shares 0.99%
-0.84%
24.41%
17.69%
-2.91%
-2.72%
21.36%
20.36%
22.39%
19.88%
27.32%
29.76%
Fund
Benchmark
Capital Stable 0.48%
0.13%
7.70%
5.88%
4.20%
3.64%
6.53%
6.35%
9.46%
8.17%
8.35%
9.14%
Fund
Benchmark
Cash 0.18%
0.15%
2.21%
1.96%
2.51%
2.25%
3.04%
2.61%
3.28%
2.78%
4.20%
3.48%
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 30/06/2016, 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

Established in 1947, Vision Super is an industry fund with membership open to the general public, with Vision Super Allocated Pension launched in 2007. Vision Super Allocated Pension has achieved a Platinum rating for the past 9 consecutive years, while the fund is also Infinity Recognised, which is a result of its strong commitment to environmental and social principles.

Vision Super offers a range of 9 investment options to choose from, providing members with access to 5 Pre-Mixed and 4 Single Sector options. The Balanced Growth option outperformed the SuperRatings Index over the 5 years to 30 June 2016.

Fees are competitive and lower than the industry average across all member account balances assessed, with the annual administration fee capped at $1,050. Members are able to switch investment options and make withdrawals at no cost.

Vision Super provides good flexibility, with members having the ability to receive payments twice-monthly 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. The fund's secure website, Vision Online further allows members to view and update account details, as well as perform transactions.