Yellow Brick Road

RetireSelect Pension

No. of members: 24926
Fund size: $770.7m
Public offer:
Product type: Master Trust-Allocated Pension
Target market: -
Year started: 2013
Past 5-year return
5.03%
Admin fee

$200

Calc fees on 50k

$620

SuperRatings awards
Highlighted
7.15%

$117

AustralianSuper

$472

Advisory services
Death insurance
Income protection
Online access
Term deposits
Variety of options
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Past 5-year return
5.03%
Admin fee

$200

Calc fees on 50k

$620

SuperRatings awards

Pros and Cons

Pros and Cons

  • Online account setup and management.
  • Simple core investment options, plus Self-managed investment options.
  • Easy to use online member portal.
  • Comprehensive financial advice available.

Summary

RetireSelect Pension was established in November 2013 through the MAP Superannuation Plan Division II. A minimum initial investment of $20,000 is required to commence a RetireSelect Pension, and a Transition to Retirement Pension is also available. The RetireSelect Pension investment menu consists of four Diversified strategies, a Cash option and a range of Super Wrap investment options which include Managed Funds, a Cash Hub, Managed Account Portfolios, Direct Shares and Term Deposits. The Growth option underperformed the SuperRatings Index over the 5 years to 30 June 2019. Fees for this product are lower than the industry average across all account size balances assessed. No switching fees are charged, although transactional costs may be incurred when changing investment options.RetireSelect Pension provides reasonable flexibility, with members having the ability to receive payments monthly through to annually, on a date set by the fund. Beneficiary options include both binding and non-binding nominations, as well as reversionary pensions.RetireSelect members have access to their account online via the Secure Online Portal, where they can manage their account and perform transactions such as switching investment options and varying pension payments.

Features and Fees

Yellow Brick Road Fees and Features

    Pros and Cons

    • Online account setup and management.
    • Simple core investment options, plus Self-managed investment options.
    • Easy to use online member portal.
    • Comprehensive financial advice available.

    RetireSelect Pension was established in November 2013 through the MAP Superannuation Plan Division II. A minimum initial investment of $20,000 is required to commence a RetireSelect Pension, and a Transition to Retirement Pension is also available. The RetireSelect Pension investment menu consists of four Diversified strategies, a Cash option and a range of Super Wrap investment options which include Managed Funds, a Cash Hub, Managed Account Portfolios, Direct Shares and Term Deposits. The Growth option underperformed the SuperRatings Index over the 5 years to 30 June 2019. Fees for this product are lower than the industry average across all account size balances assessed. No switching fees are charged, although transactional costs may be incurred when changing investment options.RetireSelect Pension provides reasonable flexibility, with members having the ability to receive payments monthly through to annually, on a date set by the fund. Beneficiary options include both binding and non-binding nominations, as well as reversionary pensions.RetireSelect members have access to their account online via the Secure Online Portal, where they can manage their account and perform transactions such as switching investment options and varying pension payments.

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    Yellow Brick Road 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
      BALANCED
      CONSERVATIVE BALANCE
      GROWTH
      CAPITAL STABLE
      CASH
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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