RateCity.com.au
powering smart financial decisions
RateCity.com.au
Zurich

Zurich Account Based Pension

Zurich Managed Growth CF

Past 5-year return
6.67

% p.a

Admin fee

$0

Calc fees on 50k

$690

SuperRatings awards
SuperRatings Silver 2022 Pension
Past 5-year return
6.67

% p.a

Admin fee

$0

Calc fees on 50k

$690

SuperRatings awards
SuperRatings Silver 2022 Pension

Quick pension fund review

For Zurich Account Based Pension

These are the benefits of this pension fund.

  • 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 an investment menu comprising 5 diversified and 8 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 outperformed the relevant SuperRatings Index over the year to 30 June 2021; however, underperformed over other time periods assessed.Fees for this product are lower than the industry average across medium and large 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. The fund does not charge an investment switching fee, although a buy/sell spread may apply. A reasonable level of pension flexibility is offered, with members able to choose to receive their pension payments on a monthly, quarterly, half-yearly or annual basis. Members with more than one investment options can nominate from which options income payments are made and in what proportion or have payments drawn proportionally across investments.Additional benefits available include financial planning services and latest news related to insurance, superannuation and investments from fund’s website. Members can further quickly and easily view all their latest Zurich Insurance, Superannuation and Investment information and update their personal details via My Zurich.

Read More

Pension fund overview

For Zurich Account Based Pension

TMD

Features

Variety of options

Binding nominations

Account size discount

Online Access

Home loans

Financial planning service

Non-lapsing binding nominations

Employer size discount

Anti-detriment payments

Credit cards

Insurance Cover

Health insurance

Insurance life event increases

Total and permanent disability cover

Long term income protection

Fees

Admin fee

$0

Administration fee (%)

0.95%

Switching fee

$0

Investment fee

Indirect cost ratio (%)

0.43%

Exit fee

$0
Available
Not available
Data not captured

Target Market Determination

Visit Zurich to view Target Market Determination.

Embed

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
CONSERVATIVE BALANCE
GROWTH
AUSTRALIAN SHARES
INTERNATIONAL SHARES
CAPITAL STABLE
PROPERTY
CASH
+ View additional option performance information

Popular pension funds products