News
21 May 2008
Vision Pensions go Platinum
Vision Super has been a platinum rated fund for the past three years. This rating is based on a range of criteria and places us in the top 15% of fund in Australia as one of the “best value for money” funds.
Recently SuperRatings has expanded their ratings to pension products and our Allocated Pension was also awarded a Platinum rating. This is industry recognition that our Allocated Pension is one of the top products in the industry.
An Allocated Pension is one of the best investment vehicles around. Pensions offer retirees a lot more flexibility and under the new super tax rules, after age 60 the income you receive is tax-free.
Some of the benefits of a Vision Super Allocated Pension include:
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Pay low fees. The administration fee is 0.35% of your account balance per year and is capped at a low $1,050 per year (that is when your account balance reaches $300,000 or over).
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Investment experts manage your money. Spend less time worrying about your investments and more time enjoying your retirement!
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Access your money when you need it. If you want to take a trip or buy a car, you can take the money from your account.
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Investment earnings are tax-free. If you take a lump sum and invest it yourself, the tax on that investment can be as high as 46.5%.
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The income you receive is also tax-free if you are over 60. Under age 60 other tax benefits may apply.
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Any money left in your account is paid to your estate, or you can nominate a reversionary beneficiary to continue to receive an income (conditions apply).
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