Suncorp Everyday Super - Pension

Suncorp is one of Australia's largest banking and general insurance groups, with over $96 billion in assets. Suncorp Everyday Super is part of the Suncorp Master Trust and is a whole of life offer comprising Business Super, Personal Super, Transition to Retirement and Account Based Pension.The fund offers Suncorp Lifestage Funds which are tailored to suit the investment needs and risk profile of investors within specified age groups. Members can also build their own investment portfolio from five Single Sector investment options. Limited performance data is currently available for this product; however, the Suncorp Lifestage Fund 1960-1964 underperformed the relevant SuperRatings index over the 12 months to 30 June 2019. Fees are lower than the industry average across all account balances assessed. No administration fee is charged on balances in the Suncorp Cash Fund. Members are not charged an investment switching fee, although a buy/sell spread may apply.Suncorp Everyday Super offers good flexibility, with members having the ability to receive payments twice monthly through to annually. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Beneficiary options include non-lapsing binding death benefit nomination and reversionary pensions.A range of online tools, calculators and educational resources are available through the fund's website. Online account access and transaction facilities are available through the secure online facility, while members' account balances are also visible via Suncorp's Internet Banking and Mobile Banking App.