Bendigo SmartStart Super - Bendigo MySuperInformation shown is for the balanced option.
What the Researchers Say:
A "reasonable value for money" superannuation fund that is performing well in a number of assessment areas but with average or below average features and/or performance in a number of other areas of our assessment.
You should contact your financial adviser or this fund before making an investment decision.
|Balance||This Fund||Industry Average||Difference|
Fees & Charges
|Administration Fee ($)||$98|
|Administration Fee (%)||0.00%|
|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 industries|
|Offered to Public?||Yes|
|Fund Type||Master Trust-MySuper|
Fund Highlights - provided by Bendigo SmartStart Super - Bendigo MySuper
What the researchers say
Bendigo SmartStart Super is a sub-plan of The Bendigo Superannuation Plan which was established in 1988. Designed for individuals and self-employed people; Bendigo SmartStart Super aims to provide a low-cost and easy-to-use solution.
The Fund's MySuper offering, Bendigo MySuper, comprises three age-based life stage investment options, designed to grow and consolidate a member's retirement savings in the initial two stages, whilst protecting member's retirement savings in the final stage. Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings Indices.
The fee structure for Bendigo SmartStart Super is competitive, with fees lower than the industry average across all account balances assessed. There are no exit fees and members can switch between investment options at no cost.
Bendigo SmartStart Super provides members with a full suite of insurance including unlimited Death Only cover and Total & Permanent Disablement (TPD) cover up to $5 million. Income Protection (IP) cover offers up to a maximum of 75% of salary plus super contributions, with 30 or 90 day waiting periods and benefit periods of 2 years or to age 65.
The Fund offers members access to financial planning services, comprehensive online educational materials and the ability to view account details and perform transactions through the fund's website.