$0
$715


Pros and Cons
Pros and Cons
- Wide range of investment options.
- Management fees are applicable and there are savings to be made on large account balances.
- Automatic investment adjuster available.
- Retirement super consolidator offering short term solutions.
- Seamless transfer to Zurich's retirement income product.
- Flexible payment options.
Summary
Zurich Account Based Pension was launched in 1994, with the aim to provide members with a flexible and convenient way to manage their retirement. A minimum of $20,000 is required to open an Account Based Pension, and a Transition to Retirement Pension is also available.Members have access to 13 Diversified and Single-Sector investment strategies. Alternatively, members can select the Automatic Investment Adjuster, which uses a combination of several existing investment options and reduces a member's exposure to growth assets as they get older. The Managed Growth option underperformed the SuperRatings Index over all assessed time periods to 30 June 2020.Fees for this product are lower than the industry average across all account balances assessed. A minimum administration fee of $267.60 p.a. applies to each account, while members with larger account balances are offered reduced administration fees. No switching fees are charged, although changing investment options may incur transaction costs. Zurich Account Based Pension offers a reasonable level of flexibility. Members can choose to receive their pension payments on a monthly, quarterly, half-yearly or annual basis. Members can also nominate a specific pension drawdown order or have payment made pro-rata across investments.The fund's website contains useful superannuation information to assist members. Members can also access their account via My Zurich.
Features and Fees
Zurich Fees and Features
Pros and Cons
- Wide range of investment options.
- Management fees are applicable and there are savings to be made on large account balances.
- Automatic investment adjuster available.
- Retirement super consolidator offering short term solutions.
- Seamless transfer to Zurich's retirement income product.
- Flexible payment options.
Zurich Account Based Pension was launched in 1994, with the aim to provide members with a flexible and convenient way to manage their retirement. A minimum of $20,000 is required to open an Account Based Pension, and a Transition to Retirement Pension is also available.Members have access to 13 Diversified and Single-Sector investment strategies. Alternatively, members can select the Automatic Investment Adjuster, which uses a combination of several existing investment options and reduces a member's exposure to growth assets as they get older. The Managed Growth option underperformed the SuperRatings Index over all assessed time periods to 30 June 2020.Fees for this product are lower than the industry average across all account balances assessed. A minimum administration fee of $267.60 p.a. applies to each account, while members with larger account balances are offered reduced administration fees. No switching fees are charged, although changing investment options may incur transaction costs. Zurich Account Based Pension offers a reasonable level of flexibility. Members can choose to receive their pension payments on a monthly, quarterly, half-yearly or annual basis. Members can also nominate a specific pension drawdown order or have payment made pro-rata across investments.The fund's website contains useful superannuation information to assist members. Members can also access their account via My Zurich.
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Zurich Fees and Features
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
Product | Past 5-year return 3.67% | Admin fee $0 | Company Promoted ![]() | Calc fees on 50k $715 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards ![]() ![]() | Go to site | Winner of MyChoice Silver, Silver, RateCity Gold Awards 2021 More details | Highlighted |