Generations Personal Pension

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Past 5-year return
9.75%
Admin fee
$0
Calculated Fees on 50k
$970
Access to a broad range of investment options - multi-manager diversified and sector and single manager and wholesale managed funds
Access to portfolio profiles via North Online with the ability to complete transaction and produce consolidated reports for all investments at any time
No charge to switch investment options
Fee aggregation between super and non-super investment portfolio
Established in 2004, Generations Personal Super and Pension is a portfolio administration service through the North Online Platform, which offers members a simple and convenient way to build their super savings and transition to a pension.Generations Personal Pension provides members with access to 34 Diversified, Single-Sector and Single Manager investment options. The Generations Balanced option has underperformed the SuperRatings Index over the short and long term. Fees associated with this product are higher than the industry average across all account balances assessed. No exit fees or switching fees are applicable, although changing investment options may incur transaction costs. Adviser fees are charged as separate costs. An excellent level of pension flexibility is provided. Members can choose from a variety of pension payment frequencies ranging from fortnightly to annually and can also elect payment dates. Furthermore, payments can be set to increase by CPI or a nominated percentage annually. Death cover is also available to pension members.Through North Online, members can access investment portfolio information, complete transactions and generate consolidated reports at any time. Members also have access to a variety of financial simulators and retirement calculators, as well as a wealth of educational materials, tools and online learning through AMP's website.

Fees & fund features

Admin fee
Admin fee
$0
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
1.90%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$0
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
1.90%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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