RateCity.com.au
powering smart financial decisions
RateCity.com.au
Smartsave

MAP Pension Plan

Growth

Past 5-year return
New

% p.a

Admin fee

$0

Calc fees on 50k

$525

SuperRatings awards
SuperRatings Other 2022 Pension
Past 5-year return
New

% p.a

Admin fee

$0

Calc fees on 50k

$525

SuperRatings awards
SuperRatings Other 2022 Pension

Quick pension fund review

For MAP Pension Plan

These are the benefits 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 outperformed the relevant SuperRatings Index over the 1-year period to 30 June 2021; however, underperformed across other assessed time periods.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. and 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.

Read More

Pension fund overview

For MAP Pension Plan

TMD

Features

Variety of options

Binding nominations

Account size discount

Online Access

Home loans

Financial planning service

Non-lapsing binding nominations

Employer size discount

Anti-detriment payments

Credit cards

Insurance Cover

Health insurance

Insurance life event increases

Total and permanent disability cover

Long term income protection

Fees

Admin fee

$0

Administration fee (%)

0.65%

Switching fee

$0

Investment fee

Indirect cost ratio (%)

0.4%

Exit fee

$0
Available
Not available
Data not captured

Target Market Determination

Visit Smartsave to view Target Market Determination.

Embed

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
AUSTRALIAN SHARES
INTERNATIONAL SHARES
CAPITAL STABLE
CASH
+ View additional option performance information

Popular pension funds products