Established in June 2015, Whole Pension is an account-based pension product. It was offered through the MAP Master Superannuation Plan Division II and is now a sub-plan of OneSuper (formerly SmartSave ‘Member’s Choice’ Superannuation Master Trust Plan) via a Successor Fund Transfer in December 2020. A minimum initial investment of $20,000 is required to commence a Pension account, and a Transition to Retirement Pension is also available.Members are offered a comprehensive investment menu, consisting of 5 pooled investment strategies and a range of Super Wrap investment options, which include Managed Funds, a Cash Hub, Managed Account Portfolios, ASX Listed Securities and Term Deposits. Performance history is currently unavailable for this product.Fees associated with this product are lower than the industry average across all account balances assessed. A minimum administration fee of $250 p.a. applies to each account and a switching fee is charged after two free switches per annum.Whole Pension provides reasonable flexibility, with members having the ability to receive payments monthly, quarterly, bi-annually or annually, on a date set by the fund. Beneficiary options include non-binding and binding nominations, as well as reversionary pensions. Members have access to their accounts online via the secure online portal ‘Super Prophets Implement’, where they can view account balances and perform transactions such as switching investment options and varying pension payments.

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