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Colonial First State

FirstWrap Plus Pension

FirstChoice Wsale Moderate

Awards

Winner of SuperRatings Other 2021 Pension

Past 5-year return
New

% p.a

Admin fee

$0

Calc fees on 50k

$780

SuperRatings awards
SuperRatings Other 2021 Pension
Past 5-year return
New

% p.a

Admin fee

$0

Calc fees on 50k

$780

SuperRatings awards
SuperRatings Other 2021 Pension

FirstWrap Plus Super Pension was established in 2002 to provide for the retirement needs of members from a wide range of industries. FirstWrap Plus Pension provides access to managed accounts, more than 400 managed funds and other unlisted investments. The FirstChoice Wholesale Moderate option underperformed the relevant SuperRatings Index over the 10 years to 30 June 2020; however, the extensive investment menu means returns will vary depending on the option and manager selected.Fees are higher than the industry average across all account balances assessed; however, there is no switching fee or buy-sell spread. A minimum account balance of $20,000 is required and a minimum 0.5% of the value of the account plus the value of any group insurance premiums due over the next two months must be held within cash account.FirstWrap Plus Pension offers good pension flexibility, with members able to select from weekly through to 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, non-lapsing nomination and non-binding lump sum death benefits.Members can access account information online via firstwrap.com.au. The fund offers a range of online tools and education resources to ensure members are well informed.

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Pension fund overview

For FirstWrap Plus Pension

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    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
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    Investment option performance
    BALANCED
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