Asgard eWRAP Allocated Pension Account

Asgard eWRAP Allocated Pension Account was established in 2003 to service the retirement needs of members from a wide range of industries. The fund is available through adviser networks and authorised holders of an Australian Financial Services Licence.Asgard eWRAP Allocated Pension Account provides access to over 350 individual managed investments, as well as ASX listed securities, term deposits and cash accounts. Performance information is not readily available for this product.Fees are higher than the industry average across all account balances assessed. The administration fee is tiered and will decrease from $50,000 and will not be charged after $3 million. A minimum balance of $2,000 must be held in a cash account to facilitate various account transactions. Any associated cash account interest charges have not been included in the calculated fees below. There also are no switching or exit fees, although a buy-sell spread may apply. Asgard eWRAP Allocated Pension Account offers a reasonable level of pension flexibility, with members able to select from monthly, quarterly and yearly payment frequencies. Members may also select from binding and non-binding death nomination, as well as reversionary pensions.Members have access to detailed account information via the Investor Online facility. The fund also provides financial advisers with a range of sophisticated portfolio management and administrative features, as well as real-time reporting for greater transparency.