ANZ OneAnswer Personal Super

Past 5-year return
7.21%
Admin fee
$0
Calculated Fees on 50k
$1,407
Easy insurance applications - one question for basic cover and short form application for cover up to $500,000.
Innovative capital protected multi-sector and Australian share funds with no minimum lock in period for protection.
Tax effective super to pension transfers - bonus paid to refund unrealised capital gain.
Flexible fee options - Entry Fee, Nil Entry Fee and Fee for Service Fee structures.
ANZ OneAnswer is a comprehensive fee for service advice solution offered by OnePath, ANZ's brand for wealth, insurance and advice. ANZ OneAnswer Personal Super is closed to new members and is only available to existing investors as at 1 July 2013. ANZ OneAnswer offers a comprehensive investment menu, providing members with access to over 80 managed funds, including OptiMix Manage the Managers funds and OnePath Multi-manager funds, as well as a range of Term Deposits. The OnePath Managed Growth (NCF) option has underperformed the SuperRatings Index over the short and long term. Fees are higher than the industry average across all account balances assessed; however, the dollar based administration fee is waived on account balances in excess of $10K, while rebates may apply to account balances over $100K and an additional rebate is applied to all account balances after four years of each investment. Insurance cover is available through OnePath's Onecare Super. OneCare Super offers a comprehensive range of insurance products including Life Cover, TPD Cover and Income Secure Cover which can replace up to 80% of monthly income. Members can choose between age based or averaged out premiums, with discounts offered depending on the amount insured, combination of covers and the number of lives linked under a single policy. The fund's secure online facility allows members to view and update their account details, as well as perform transactions. Furthermore, ANZ OneAnswer members pay a reduced amount of ongoing commissions for services rendered by ANZ Financial Planning advisers.

Fees & fund features

Admin fee
Admin fee
$0
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
2.70%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$0
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
2.70%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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