Aon MySuperInformation shown is for the balanced option.
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.
|Balance||This Fund||Industry Average||Difference|
Fees & Charges
|Administration Fee ($)||$84|
|Administration Fee (%)||0.58%|
|Account Size Discount||No|
|Employer Size Discount||Yes|
|Financial Planning Service|
|Non-lapsing Binding Nominations|
|Insurance Life Event Increases|
|Long Term Income Protection|
About this Fund
|Target Market||All industries|
|Offered to Public?||Yes|
|Fund Type||Master Trust-MySuper|
Fund Highlights - provided by Aon MySuper
Investment Option Performance
|Asset Allocation Category||FYTD||FY 2015||FY 2014||FY 2013||FY 2012||FY 2011||Comparison|
- 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.
Percentage of Growth Assets
What the researchers say
Aon Master Trust Corporate Super- Essentials came into effect 1 July 2012 and is designed for employees of companies with five of more employees.
The Fund's MySuper offering, Aon MySuper, is a lifecycle investment option that adjusts automatically based on the member's age, and is made up of two portfolios, High Growth and Defensive. Aon MySuper recorded strong performance over the 12 months to 30 June 2015.
Aon Master Trust's choice members have access to a broader selection of over 30 Pre-Mixed and Single Sector investment options, as well as a Direct Investment Option, which provides access to Direct Shares, ETFs and Term Deposits.
Fees are competitive across all account balances and discounts can be obtained by members in larger employer groups. No fees are charged for switching investments; however, an exit fee applies for withdrawals.
Aon Master Trust provides a good insurance structure offering both members and employers with flexibility and competitive premiums. A full suite of insurance cover is available, including Income Protection (IP) with payment periods of 2 years, 5 years and to age 65, and a choice of waiting periods.
The fund offers access to online calculators, scaled advice and full financial planning. Additionally, the WeCare program offers members and their families benefits such as legal advice, home assistance, funeral assistance, counselling and grief services.