HUB24 Limited

HUB24 Super Fund - Account Based Pension (Choice Menu)

No. of members: 31138
Fund size: $7.9b
Public offer:
Product type: Master Trust-Allocated Pension
Target market: -
Year started: 2012
Past 5-year return
-
Admin fee

$530

Calc fees on 50k

$983

SuperRatings awards
Past 5-year return
-
Admin fee

$530

Calc fees on 50k

$983

SuperRatings awards

Pros and Cons

Pros and Cons

  • Allows advisers to design solutions aimed at meeting retirement, savings and insurance needs.
  • Underpinned by HUB24's award-winning investment and superannuation platform which offers broad product choice and an innovative experience for advisers and investors.
  • Flexible technology.

Summary

HUB24 Super is a superannuation platform offering enhanced transaction and reporting solution to members. This product can only be accessed through the appointment of an authorised financial adviser acting on behalf of the member, requiring a minimum initial investment of $20,000 to commence membership. The Choice Menu offers members access to a range of single-sector and multi-sector managed portfolios, managed funds, Australian and international listed securities and ETFs, and term deposits. Performance history is not available for this product.Fees for the Choice Menu are higher than the industry average across all account balances assessed and includes a $180 account keeping fee. However, the asset-based administration fee is reduced on account balances greater than $250K and capped at $5,150 pa. Advisers and dealer groups may also negotiate a discount on the administration fee.HUB24 provides good flexibility, with members having the ability to receive pension payments monthly through to annually. Pension payments can be indexed each year by a specific percentage or in-line with CPI. Beneficiary options are comprehensive, including both binding and non-binding nominations, non-lapsing binding nominations, as well as reversionary pensions. The fund's InvestorHUB allows members to track and manage their accounts online, as well as view all transactions, valuations and a variety of other reports, including a simple Retirement Planner calculator. A range of publications, factsheets and educational webinars are available from the website.

Features and Fees

HUB24 Fees and Features

    Pros and Cons

    • Allows advisers to design solutions aimed at meeting retirement, savings and insurance needs.
    • Underpinned by HUB24's award-winning investment and superannuation platform which offers broad product choice and an innovative experience for advisers and investors.
    • Flexible technology.

    HUB24 Super is a superannuation platform offering enhanced transaction and reporting solution to members. This product can only be accessed through the appointment of an authorised financial adviser acting on behalf of the member, requiring a minimum initial investment of $20,000 to commence membership. The Choice Menu offers members access to a range of single-sector and multi-sector managed portfolios, managed funds, Australian and international listed securities and ETFs, and term deposits. Performance history is not available for this product.Fees for the Choice Menu are higher than the industry average across all account balances assessed and includes a $180 account keeping fee. However, the asset-based administration fee is reduced on account balances greater than $250K and capped at $5,150 pa. Advisers and dealer groups may also negotiate a discount on the administration fee.HUB24 provides good flexibility, with members having the ability to receive pension payments monthly through to annually. Pension payments can be indexed each year by a specific percentage or in-line with CPI. Beneficiary options are comprehensive, including both binding and non-binding nominations, non-lapsing binding nominations, as well as reversionary pensions. The fund's InvestorHUB allows members to track and manage their accounts online, as well as view all transactions, valuations and a variety of other reports, including a simple Retirement Planner calculator. A range of publications, factsheets and educational webinars are available from the website.

    Read More

    HUB24 Fees and Features

      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
      OTHER
      Investment option performance
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
      Go to site