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Russell iQ Retirement

Past 5-year return
7.79%
Admin fee
$156
Calculated Fees on 50k
$696
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Contribution and pension accounts in one.
Banking facility - at call access to pension (via ATM, internet, phone and branches).
Fee rebates for account balances over $500,000 and $1 million, including family linking.
Online account access with transaction capabilities.
Dedicated pension helpline answered by specialist team.
External financial advice solution.
No fees to move money between contribution and pension accounts.
Russell iQ Retirement is offered by Russell Investments, a leading global asset manager. Russell iQ Retirement was launched in 2007 and a minimum initial investment of $50,000 is required to commence membership. Russell iQ Retirement offers an investment menu of 9 Diversified options and 14 Single Sector options. The Russell Balanced option underperformed the relevant SuperRatings Index over the 7 years to 30 June 2018.Fees are lower than the industry average across all account balances assessed, with rebates applying to management fees on account balances over $500,000. The fund does not charge a switching fee or an exit fee, however a buy-sell spread may apply.Russell iQ Retirement offers good pension flexibility, with members able to select from monthly, to yearly payment frequencies. Members with more than one investment option can nominate the investment options from which payments are to be drawn. Members can also select from reversionary pensions, binding death nomination and non-binding lump sum death benefits.A range of online tools, calculators and educational resources are available through the fund's website. Further, members are able to view and update account details, as well as perform transactions through secure online account access.
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Fees & fund features

Admin fee
Admin fee
$156
Administration fee (%)
Administration fee (%)
0.30%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.26%
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.52%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$156
Administration fee (%)
Administration fee (%)
0.30%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.26%
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.52%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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Past 5-year return
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Calculated Fees on 50k
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