smartMonday

smartMonday PENSION

Past 5-year return
5.60%
Admin fee

$92

Calc fees on 50k

$522

SuperRatings awards
Past 5-year return
5.60%
Admin fee

$92

Calc fees on 50k

$522

SuperRatings awards

Pros and Cons

Pros and Cons

  • 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.

Summary

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 outperformed the relevant SuperRatings Index over all assessed time periods to 30 June 2019.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 an investment switching fee.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.

Features and Fees

smartMonday Fees and Features

    Pros and Cons

    • 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 outperformed the relevant SuperRatings Index over all assessed time periods to 30 June 2019.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 an investment switching fee.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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    smartMonday Fees and Features

      Fund fees vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Fund past-5-year return vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Investment allocation
      INTERNATIONAL SHARES
      AUSTRALIAN SHARES
      PROPERTY
      ALTERNATIVES
      FIXED INTEREST
      CASH
      OTHER
      Investment option performance
      BALANCED
      HIGH GROWTH
      SECURE
      DIVERSIFIED FIXED INTEREST
      GROWTH
      AUSTRALIAN SHARES
      INTERNATIONAL SHARES
      CAPITAL STABLE
      PROPERTY
      CASH
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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