Macquarie Wrap - Pension Consolidator
- Last updated on 02 Jul 2020
QSuper Lifetime
Pay no transaction or switching fees and enjoy a range of different investment options
$696
$841
Macquarie Wrap Pension Consolidator is part of the Consolidator suite of Wrap products offered by Macquarie Investment Management Limited and is designed for members who have advisers to assist them with personal advice in respect to their investments. An initial investment of $50,000 is required to commence membership.Members are able to access an excellent range of investment options, including over 500 managed investments, Australian listed securities, a variety of term deposits and Separately Managed Account (SMA) Model Portfolios. Past Performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings indcies. Fees are lower than the industry average across medium and large account balances assessed and a reduced administration fee applies to account balances over $200,000. Additional SMA administration and Cash Hub fees may apply. The fund charges an investment switching fee and a buy-sell spread may also apply.Macquarie Wrap Pension Consolidator offers good pension flexibility, with members able to select from monthly through to yearly payment frequencies. Beneficiary options are comprehensive, including non-lapsing binding and non-binding death benefit nominations, as well as reversionary pensions and child pensions.Members and their adviser can track investments and access comprehensive reports online, while online trading is also available to advisers. Additionally, members have access to an automatic rebalancing facility to ensure their account stays in-line with their investment strategy.
Admin fee $696 | Health insurance |
Administration fee (%) | Binding nominations |
Indirect cost ratio (%) | Anti-detriment payments |
Exit fee $0 | Switching fee $0 |
Financial planning service | Employer size discount |
Credit cards | Home loans |
Insurance life event increases | Non-lapsing binding nominations |
Investment fee 0.29% | Long term income protection |
Account size discount |
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
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Investment option performance
Product | Past 5-year return | Admin fee | Company | Calc fees on 50k | Features | SuperRatings awards | Go to site | |
|---|---|---|---|---|---|---|---|---|
New Fund | $528 | Promoted Macquarie Wrap - Pension Consolidator 2 | $823 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details | |||
New Fund | $396 | Promoted Macquarie Wrap - Pension Manager 2 | $541 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details | |||
New Fund | $60 | Promoted Macquarie SuperOptions - Allocated Pension Plan | $1k | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details | |||
New Fund | $696 | Promoted Macquarie Wrap - Pension Consolidator | $841 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details | |||
New Fund | $0 | Promoted Macquarie Wrap - Pension Manager | $530 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details |
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