MYONESUPER Pension is an account-based pension product offered through the MAP Master Superannuation Plan Division II and will merge into the SmartSave ‘Member’s Choice’ Superannuation Master Trust Plan via a Successor Fund Transfer to be completed on 17th December 2020. A minimum initial investment of $20,000 is required to commence a Pension account, and a Transition to Retirement Pension is also available.Members are offered a simple investment menu, consisting of 3 pooled investment strategies. Performance history is currently unavailable for this product.Fees associated with this product are lower than the industry average across all account balances assessed. A minimum administration fee of $77 pa applies to each account and a switching fee is charged after two free switches per annum. MYONESUPER Pension provides reasonable flexibility, with members having the ability to receive payments monthly, quarterly, bi-annually or annually, on a date set by the fund. Beneficiary options include non-binding and binding nominations, as well as reversionary pensions. Members are able to manage their accounts via the Member Secure Online Portal to check balances and perform transactions such as switching investment options and varying pension payments.

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