This table describes the best overall fees payable, where overall fees are calculated for a member with an initial deposit of $100,000 and receives 12 monthly pension payments all invested in the default investment option.
Total Expense Ratio
Macquarie Pension Manager
ANZ Smart Choice Pension
Meat Industry Employees' - Pension
Smartsave Smart Pensions
Bendigo SmartStart Pension
CBA Group Super Retirement Access
Cbus Super Income Stream
Industry average (median)
Note these Retirement Products are the lowest fee products available to retirees. Not all retirees can join all these products, i.e. some have restricted membership, to avoid these restrictions, look for products that are public offer, where anyone can join.
This table represents the Top 10 out of 147 Retirement Products, covering all market segments.
This table was last updated in June 2018.
Senate secures members' interest changes20 September 2019, 12:36pmInsurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interest First super reforms passed through ... Read more