MLC

MLC Navigator Retirement Plan - Account Based Pension

No. of members: 87810
Fund size: $20.7b
Public offer:
Product type: Master Trust-Allocated Pension
Target market: -
Year started: 1999
Past 5-year return
-
Admin fee

$750

Calc fees on 50k

$1.1k

SuperRatings awards
Past 5-year return
-
Admin fee

$750

Calc fees on 50k

$1.1k

SuperRatings awards

Pros and Cons

Pros and Cons

  • No information was provided by the fund to SuperRatings. For available information refer to the fund's PDS.

Summary

MLC Navigator Retirement Plan is a sub-plan of the MLC Superannuation Fund and is designed to enable the establishment of a diversified portfolio accessing the primary investment markets of cash, fixed interest, equities and property through a variety of investment strategies. This product is closed to new members. Members have access to an excellent range of investment options, including a range of wholesale investment options managed by leading fund managers, a range of shares listed on the Australian Securities Exchange (ASX) and various Term Deposits. Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings indices.Fees are higher than the industry average across all account balances assessed; however, discounts apply to the administration fee based on account balances over $300,000, including linked accounts, and a portion of the fees are negotiable with financial advisers. The fund does not charge an investment switching fee, although a buy/sell spread may apply.The fund provides excellent pension flexibility, with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies, as well as the ability to automatically increase pension payments by CPI or a nominated percentage annually. Beneficiary options are comprehensive, including binding and non-binding death benefit nominations, as well as reversionary pensions.Members have online access to their portfolio information, with their financial adviser having the ability to transact and obtain reports on their behalf. Additionally, members have access to an automatic re-weighting facility that allows for eligible investment options to be re-weighted on a quarterly, half yearly or yearly basis.

Features and Fees

MLC Fees and Features

    Pros and Cons

    • No information was provided by the fund to SuperRatings. For available information refer to the fund's PDS.

    MLC Navigator Retirement Plan is a sub-plan of the MLC Superannuation Fund and is designed to enable the establishment of a diversified portfolio accessing the primary investment markets of cash, fixed interest, equities and property through a variety of investment strategies. This product is closed to new members. Members have access to an excellent range of investment options, including a range of wholesale investment options managed by leading fund managers, a range of shares listed on the Australian Securities Exchange (ASX) and various Term Deposits. Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings indices.Fees are higher than the industry average across all account balances assessed; however, discounts apply to the administration fee based on account balances over $300,000, including linked accounts, and a portion of the fees are negotiable with financial advisers. The fund does not charge an investment switching fee, although a buy/sell spread may apply.The fund provides excellent pension flexibility, with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies, as well as the ability to automatically increase pension payments by CPI or a nominated percentage annually. Beneficiary options are comprehensive, including binding and non-binding death benefit nominations, as well as reversionary pensions.Members have online access to their portfolio information, with their financial adviser having the ability to transact and obtain reports on their behalf. Additionally, members have access to an automatic re-weighting facility that allows for eligible investment options to be re-weighted on a quarterly, half yearly or yearly basis.

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    MLC 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
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      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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