OnePath

PortfolioOne Allocated Pension Service

Past 5-year return
3.69%
Admin fee

$660

Calc fees on 50k

$1.2k

SuperRatings awards
Past 5-year return
3.69%
Admin fee

$660

Calc fees on 50k

$1.2k

SuperRatings awards

Pros and Cons

Pros and Cons

  • For further information refer to the fund's PDS.

Summary

The PortfolioOne Allocated Pension Service was established in 1997 and is part of the Wrap service operated through OnePath's superannuation division. It allows members to convert their retirement savings into a flexible income stream in a tax-effective environment when they retire. This product is closed to new members. Members are offered a comprehensive investment menu of over 200 managed investments across a range of asset classes, as well as access to listed securities and term deposits. The OptiMix Wholesale Balanced Trust Class B option underperformed the SuperRatings Index over the 10 year period to 30 June 2019.Fees are higher than the industry average across all account balances assessed, however, both account size discounts and discounts through linking family accounts are available. Members are able to switch investment options at no cost.Members are able to choose from 4 pension payment frequencies, as well as beneficiary options of non-lapsing binding nominations or reversionary death benefit payments. The pension amount can be set to automatically increase by CPI or a fixed percentage annually. Extensive reporting features that benefit members with complex investment portfolios are offered through the fund's secure website. Online account access through ClientView allows members to view investment, transaction and account details.

Features and Fees

OnePath Fees and Features

    Pros and Cons

    • For further information refer to the fund's PDS.

    The PortfolioOne Allocated Pension Service was established in 1997 and is part of the Wrap service operated through OnePath's superannuation division. It allows members to convert their retirement savings into a flexible income stream in a tax-effective environment when they retire. This product is closed to new members. Members are offered a comprehensive investment menu of over 200 managed investments across a range of asset classes, as well as access to listed securities and term deposits. The OptiMix Wholesale Balanced Trust Class B option underperformed the SuperRatings Index over the 10 year period to 30 June 2019.Fees are higher than the industry average across all account balances assessed, however, both account size discounts and discounts through linking family accounts are available. Members are able to switch investment options at no cost.Members are able to choose from 4 pension payment frequencies, as well as beneficiary options of non-lapsing binding nominations or reversionary death benefit payments. The pension amount can be set to automatically increase by CPI or a fixed percentage annually. Extensive reporting features that benefit members with complex investment portfolios are offered through the fund's secure website. Online account access through ClientView allows members to view investment, transaction and account details.

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    OnePath Fees and Features

      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
      HIGH GROWTH
      CONSERVATIVE BALANCE
      DIVERSIFIED FIXED INTEREST
      AUSTRALIAN SHARES
      INTERNATIONAL SHARES
      CAPITAL STABLE
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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