Mercer SmartPath - 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 ($)||$83|
|Administration Fee (%)||0.59%|
|Account Size Discount||No|
|Employer Size Discount||No|
|Financial Planning Service|
|Non-lapsing Binding Nominations|
|Insurance Life Event Increases|
|Long Term Income Protection|
About this Fund
|Target Market||All Industires|
|Offered to Public?||Yes|
|Fund Type||Master Trust-MySuper|
Fund Highlights - provided by Mercer SmartPath - MySuper
What the researchers say
The Mercer Super Trust is one of the largest corporate super platforms in Australia and provides members with a strong brand history and a flexible range of competitive benefits.
The fund's MySuper offering, Mercer SmartPath, is a whole of life investment strategy, with the underlying asset allocations adjusting according to a members' age and gradually 'gliding' from a growth-oriented investment strategy to a defensive-oriented strategy. No performance history is currently available for this product.
Fees are higher than the industry average across medium and large account balances assessed. No fees are charged for switching investments; however, an exit fee is applicable.
Permanent employees and contractors are eligible for basic Death and Total & Permanent Disablement cover, with additional voluntary unlimited Death cover and up to $5 million TPD cover available. Members can apply for to $150,000 cover for a nominated life event, and can opt out of Death and/or TPD cover at any time.
Members have access to Mercer financial advisers who can tailor super and retirement solutions to suit their needs. Online planning tools, newsletters and educational seminars are also available. The fund's website incorporates a selection of visual and functional features, including a Retirement Income Simulator tool to members.