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Bendigo SmartOptions Pension

Past 5-year return
New fund
Admin fee
$480
Calculated Fees on 50k
$695
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It has been designed for customers who seek greater options, flexibility and control of their superannuation and pension investments. Bendigo SmartOptions offers access to a wide range of investment options including cash, managed funds, term deposits and ASX listed securities, as well as a variety of competitively priced insurance options, including group life cover and access to retail insurance cover. It is generally suited to members who are moving up, looking to retire or in retirement.
Bendigo SmartOptions Pension is a sub-plan of The Bendigo Superannuation Plan which was established in 1988. The Bendigo SmartOptions product range includes a superannuation and pension product designed to provide members with flexibility to actively manage their super investment. The pension product requires an initial investment of $30,000 to commence membership.Bendigo SmartOptions offers an investment menu of 11 diversified options, a cash option, an income option, a range of managed funds including annuity funds, as well as a Direct Investment Option which provides access to Direct Equities on the S&P/ASX 200 and term deposits. The Balanced Index option underperformed the relevant SuperRatings Index over the 3 years to 30 June 2018.Fees are lower than the industry average across all account balances assessed, although a minimum $480 administration fee applies. There are no switching fees or exit fees, although a buy-sell spread may apply.Bendigo SmartOptions Pension offers reasonable pension flexibility, with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies. Members can also select from reversionary pensions or binding lump sum death benefits.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.
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Fees & fund features

Admin fee
Admin fee
$480
Administration fee (%)
Administration fee (%)
0.00%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
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
0.43%
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
$480
Administration fee (%)
Administration fee (%)
0.00%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
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
0.43%
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
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