On this page
Quick pension fund review
For MAP Pension Plan
These are the benefts of this pension fund.
- Online education with newsletters sent via email as well as calculators and publications on the website.
- In-house investment managers that are accessible to members.
- Group fee discounts apply.
The OneSuper ( formerly Smartsave 'Member's Choice' Superannuation Master Plan) was established in 2001. MAP Pension is a sub-plan of OneSuper via a Successor Fund Transfer completed in December 2020. A minimum initial investment of $20,000 is required to commence a MAP Pension account, and a Transition to Retirement Pension is also available.Members are offered an investment menu, consisting of 4 Diversified and 3 Single-Sector investment options. The Growth option underperformed the SuperRatings Index over each time period assessed to 30 June 2020. Fees for this product are lower than the industry average across all account balances assessed. The percentage-based administration fee is subject to a minimum of $150 p.a. or reduces as the account size grows with a cap of over $1.5 million. Additionally, partners discount allows members to link their accounts with their partner’s and have the administration fee calculated on the combined balance. An investment switching fee of 0.40% per switch applies after four free switches per annum.A reasonable level of pension flexibility is provided, including a choice of 4 pension payment frequencies ranging from monthly to annually. Members with more than one investment option are eligible to nominate a fixed proportion of payments to be drawn from each option. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions.Members can access intra fund financial advice through a specialist financial planning company, MGD Wealth, appointed by the fund. Member Online Access further allows members to manage their accounts and perform transactions such as switching investment options.
Pension fund overview
For MAP Pension Plan
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment option performance
Popular pension funds products
PortfolioOne Allocated Pension Service OptiMix Wholesale Balanced Trust Class B Units
For further information refer to the fund's PDS.
Prime Super Retirement Income Stream Balanced
No information was provided by the fund to SuperRatings, hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS
smartMonday PENSION Balanced Growth - Index
Access to additional benefits via a range of financial products and services, and the WeCare program.
Pension consolidation account (to help individuals consolidate/add to their super monies before starting a Pension with us), available for recasting as well.
Comprehensive education material, including online super, retirement and insurance calculators.
26 investment options (pre-mixed and sector).