Bendigo SmartStart Super™
Bendigo SmartStart Super Overview
Bendigo SmartStart Super provides a professional, low cost, simple solution with diversified investment options to help you save for your retirement. Bendigo SmartStart Super - it’s everything you need in super, without all the things you don’t.
| Minimum investment | No minimum investment applies |
| Entry Fees | None |
| Ongoing Administration Fees | Yes ($98 p.a.) |
| Investment Management Costs | Yes (from 0.00% to 0.99% p.a.) |
| Withdrawal Fees | None |
| Investment Options | 11 choices |
| Ability to receive personal and employer contributions, rollovers and government co-contributions | Yes |
| Account-based pension available? | No |
| Online services | Yes |
| Death cover available | Yes |
| Total and permanent disablement cover available | Yes |
| Income protection cover available | Yes |
| Contribute via BPAY® | Yes |
® Registered to BPAY Pty Ltd ABN 69 079 137 518
Some of the key benefits of investing in Bendigo SmartStart Super are:
- Low cost
- No minimum initial investment
- No establishment fees
- No contribution/rollover fees
- No withdrawal fees
- No termination fees
- No investment switching fees
Compare the cost of your existing super fund with Bendigo SmartStart Super using the Superannuation Calculator provided by ASIC, the financial regulator.
- No minimum initial investment
- Simple and easy
Bendigo SmartStart Super allows you to keep up to date with how your super is tracking via online access. You can access your super account and switch between investments online. To apply for online services contact us on 1800 033 426 or register online.
The default age-based investment strategy is ideal for people who want the comfort of their super being professionally managed with investments automatically chosen and adjusted based on age. This means you can set-and-forget your super and still be confident it’s being well looked after. Alternatively, you can select from our ready made diversified investment options, which are managed by reputable investment managers who have substantial investment expertise. All of this means easier investment decisions for you.
What’s more, we have made it easier for you to consolidate your other super funds into Bendigo SmartStart Super. Just call us to find out how or speak with your financial adviser.
- Protection for your lifestyle
Bendigo SmartStart Super offers insurance cover to protect your lifestyle; with options including:
- Death only cover; or
- Death and Total & Permanent Disablement cover; and/or
- Income Protection cover.
- Death only cover; or
- Diversified investment approach
You have access to a cash investment option and 10 ready-made diversified investment funds that are managed by specialist investment managers. Each fund is well diversified in one simple investment giving you peace of mind that risks are being reduced.
There is a choice of either an Active or a Passive investment approach.
Our Active fund options are managed by leading professional investment managers. The funds provide access to the resources and knowledge of a number of different professional investment managers who specialise in managing specific asset classes and who research and monitor investment markets to find the best opportunities.
Our Passive fund options provide the comfort of an Index management approach. Over the long-term it is difficult to outperform investment markets by trying to pick winners or attempting to time the market. Index funds are structured to deliver returns, before fees, that closely match one or a number of prescribed Indices.
Sandhurst has selected Vanguard Investments Australia (Vanguard) as the investment manager of Australian shares, International shares, property securities and Australian and International fixed interest for its Passive fund options.
Bendigo SmartStart Super investment options are designed to cover all the typical risk profiles of investors from defensive up to high growth. So, there is sure to be an option that suits your personal needs.
- Flexibility
When we say flexible, we mean it. Bendigo SmartStart Super offers a full suite of investment options designed to meet your risk profile. You can choose to invest via professional managers actively investing your funds or a more passive index option. Alternatively, you can combine both using a ‘Core Satellite’ approach.
All types of contributions are accepted and you can use BPAY® and direct debit. You have access to a number of online services including account balance and transaction history, annual member statements, insurance, annual trustee reports and investment rebalancing or switching.
- Competitively priced insurance options
You have access to the following types of insurance cover:
- Death only cover (including Terminal Illness); or
- Death and Total and Permanent Disablement (TPD); and/or
- Income Protection, with a choice of:
- a 30 or 90 day waiting period and
- a 2 year benefit period or benefits up to age 65.
- Death only cover (including Terminal Illness); or
- Advice through your local Bendigo Bank branch
Information about the Bendigo SmartStart Super is available at your local Bendigo Bank branch and you can obtain advice by making an appointment with a Bendigo financial planner.
