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Bendigo SmartStart Pension

Past 5-year return
7.56%
Admin fee
$98
Calculated Fees on 50k
$413
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A low cost, easy to understand and easy to manage superannuation and pension solution that offers a range of simple and convenient investment options and a range of competitively priced group insurance options. It's smart on fees and its lifecycle MySuper investment strategy allows the customer to 'set and forget' their super until it's time to for them to retire by changing a member's risk profile based on their age. Bendigo SmartStart has been designed to meet all stages of a customer's life whether they are starting out, moving up, doing business, looking to retire or in retirement.
Bendigo SmartStart Pension is part of The Bendigo Superannuation Plan which was established in 1988. Bendigo SmartStart Pension is an account-based pension which aims to provide a low-cost and easy-to-use solution to help members in retirement or in transition to retirement. A minimum initial investment of $10,000 is required to commence membership. Bendigo SmartStart offers members an investment menu consisting of 11 Diversified options, an Income Fund and a Cash Investment option. The Bendigo Balanced Index option underperformed the relevant SuperRatings Index over the 5 years to 30 June 2018.Fees are lower than the industry average across all account balances assessed. There are no switching fees or exit fees, although a buy-sell spread may apply.Bendigo SmartStart Pension offers reasonable pension flexibility with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies and an ability to have pension payments adjusted to the CPI or by a certain percentage. Members can also select from reversionary pensions or binding lump sum death benefits, including child nominations.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
$98
Administration fee (%)
Administration fee (%)
0.20%
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
$98
Administration fee (%)
Administration fee (%)
0.20%
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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Past 5-year return
Admin fee
Calculated Fees on 50k
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