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smartMonday PENSION

Past 5-year return
8.94%
Admin fee
$90
Calculated Fees on 50k
$605
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Access to additional benefits via a range of financial products and services, and the WeCare program.
Pension consolidation account (to help individuals consolidate/add to their super monies before starting a Pension with us), available for recasting as well.
Comprehensive education material, including online super, retirement and insurance calculators.
26 investment options (pre-mixed and sector).
Binding, Non-binding and reversionary beneficiaries available.
Transition to retirement available.
smartMonday is the new name of the Aon Master Trust and smartMonday PENSION, which was launched in 2012, consists of a retirement pension and a transition to retirement pension. A minimum initial investment of $20,000 is required to commence membership.smartMonday PENSION offers an investment menu of 10 diversified options and 16 single sector options. The Balanced Growth - Index option underperformed the relevant SuperRatings Index over the 5 years to 30 June 2018; however, outperformed over the longer term.Fees are lower than the industry average across all assessed account balances and a portfolio rebate applies for balances over $250,000. The fund does not charge a buy-sell spread or a switching fee, although an exit fee will be charged when a withdrawal from the account is processed.smartMonday PENSION offers reasonable pension flexibility with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Members can also select from reversionary pensions, binding death nomination and non-binding lump sum death benefits.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.
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Fees & fund features

Admin fee
Admin fee
$90
Administration fee (%)
Administration fee (%)
0.50%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.05%
Exit fee
Exit fee
$80
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.48%
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
$90
Administration fee (%)
Administration fee (%)
0.50%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.05%
Exit fee
Exit fee
$80
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.48%
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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Past 5-year return
Admin fee
Calculated Fees on 50k
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