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Equip Super

Equip - MyPension

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Awards

Winner of SuperRatings Platinum 2021 Pension, 7 Yr Platinum Performance 2014-2021, Momentum Finalist 2021

Past 5-year return
-

% p.a

Admin fee

$130

Calc fees on 50k

$555

SuperRatings awards
SuperRatings Platinum 2021 Pension7 Yr Platinum Performance 2014-2021Momentum Finalist 2021
Past 5-year return
-

% p.a

Admin fee

$130

Calc fees on 50k

$555

SuperRatings awards
SuperRatings Platinum 2021 Pension7 Yr Platinum Performance 2014-2021Momentum Finalist 2021

Quick pension fund review

For Equip - MyPension

These are the benefits of this pension fund.

  • A range of financial planning options.
  • Enhanced website promotes online engagement and provides thorough educational material, including a new online digital channel with up-to-date superannuation news and articles.

Equip is an industry fund founded in 1931 as the Provident Fund of the State Electricity Commission of Victoria with membership now open to the general public. In 2019, Equip partnered with Catholic Super in a joint venture under a shared trustee. The MyPension product offering was launched in 2014 and is available with a minimum initial investment of $50,000. The fund was nominated as a finalist for the 2021 Momentum award.Equip MyPension uses a three-bucket strategy, with a member's account balance separated into three distinct 'buckets': Cash, Conservative and Growth. Pension income is drawn from the Cash bucket, while the investment earnings of the Conservative and Growth buckets are automatically rebalanced each year, allowing for a 'set-and-forget' investment strategy. Performance history is currently not available for this product. Fees are lower than the industry average across all account balances assessed, and the asset-based administration fee is capped at $1,250 pa.Equip MyPension provides good flexibility, with members having the ability to receive pension payments fortnightly through to annually. Members can also select from reversionary pension, binding death nomination and non-binding lump sum death benefits.Equip members can take advantage of free retirement seminars, as well as comprehensive financial planning services. The fund also offers a range of online tools, calculators, factsheets and educational videos. The fund's website further allows members to view and update account details, as well as perform transactions.

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Pension fund overview

For Equip - MyPension

TMD

    Target Market Determination

    Visit Equip Super to view Target Market Determination.

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    Fund fees vs. Industry average
    THIS FUND
    INDUSTRY AVERAGE
    Fund past-5-year return vs. Industry average
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    INDUSTRY AVERAGE
    Investment allocation
    INTERNATIONAL SHARES
    AUSTRALIAN SHARES
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    ALTERNATIVES
    FIXED INTEREST
    CASH
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    Investment option performance
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