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 ($)||$80|
|Administration Fee (%)||0.58%|
|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, providing members with a strong brand name and a flexible range of competitive benefits.
Mercer SmartPath is Mercer's MySuper solution from launched in January 2014. The default investment strategy is a whole of life investment offering, which has been designed for members who seek appropriate retirement income through investing in assets catered for their stage in life. Asset allocation automatically adjusts to a more conservative investment mix as the member moves towards retirement.
Fees are higher than the industry average across small and medium account balances assessed. While withdrawal fees apply, members can make unlimited switches without being charged.
Permanent employees and contractors are eligible for basic Death and basic Death and Total & Permanent Disablement cover. Members can also apply for up to $150,000 cover for a nominated life event. Members can opt out of Death only, Death and TPD or just the TPD cover at any time. Additional voluntary cover is provided for unlimited Death and a maximum of $5 million Death and TPD cover.
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.