Creating financial independence since 1846
January 2012
IOOF Pursuit
Features and benefits of IOOF Pursuit
One size never fits all and what you need today may be quite different to what you may need in the
future. That's why we have developed a range of superannuation, pension and investment products
which are flexible and can adapt as your needs change over time.
IOOF Pursuit offers you a comprehensive investment service to help you control, manage and maximise your savings. Let us take the
hassle out of investing while you retain control and begin working towards achieving your financial goals.
IOOF Pursuit has three models – Focus, Core and Select – in order to serve a greater variety of your retirement and financial objectives.
IOOF Pursuit Focus
Offers low-cost access to our suite of multi-manager trusts which are managed
by a team of skilled and experienced investment professionals. Perfect for when
you want a set-and-forget portfolio and don’t want to pay for features you’re
not going to use.
• Personal Superannuation
• Allocated Pension
IOOF Pursuit Core
Offers simple, easy-to-use functionality and slightly expanded investment
menu. It’s ready for when you want to take the next step but are still looking
for low maintenance and a straight-forward investment process.
• Investment Service
• Personal Superannuation
• Allocated Pension
IOOF Pursuit Select
Offers the greatest functionality and most extensive investment suite. It’s
designed for when you’re ready to have greater involvement in the investment
process and want to take control of your portfolio.
•
•
•
•
Investment Service
Personal Superannuation
Allocated Pension
Term Allocation Pension
Why you should consider IOOF Pursuit
Comprehensive insurance offering
Tax efficient
You have access to group and retail insurance through Pursuit.
This means you can apply for the insurance cover which best
suits your individual needs.
With Pursuit personal superannuation accounts, we help make
tax easier by offering a range of tax-effective features such as:
Smart trust structure
The structure of Pursuit means you will not have to pay capital
gains tax (CGT) or trigger buy/sell spreads when investment
options are transferred from Focus or Core to Select or from
super to pension phase. This is a standard feature with Pursuit.
• We calculate the imputation credit entitlement of each
individual member and pass those exact benefits onto
your account.
• Adviser fees are a deductible expense to your
accumulation accounts.
• The Pursuit smart trust structure allows for transition
from accumulation to pension without triggering a CGT
event, provided the investment options stay the same.
• Contributions tax is paid annually rather than on receipt
of contribution, allowing your money to work longer.
1
IOOF | Features and benefits of IOOF Pursuit
Straight-forward and powerful online
functionality
With an updated range of functions and a design that is more
user-friendly than ever before, Portfolio Online gives you even
greater control over the management and monitoring of your
account. It offers a range of financial tools and reports to make
it easier for you to manage your accounts.
Pursuit is part of one of Australia’s leading
financial services organisations
IOOF has been helping Australian’s prepare their financial
future for more than 160 years.
During that time, it has grown to become a large,
fully-integrated financial services organisation with more
than $100 billion in funds under management, administration,
advice and supervision and provides services to more than
700,000 Australians.
Key benefits of IOOF Pursuit Focus
Simple and low fee structure
Key benefits of IOOF Pursuit Core
More investment options as your investment
needs change
With IOOF Pursuit Core, you gain access to term deposits
and a range of managed funds across a variety of asset classes.
As your needs change, you simply choose the investment
strategy that suits your needs and risk tolerance, and we
do the rest.
Key benefits of IOOF Pursuit Select
Capped fees
Capped fees allow you to increase your account balance
without paying any more in administration fees. Pursuit is very
competitively priced for balances up to $500,000. Once your
account balance (or the combined balance of eligible family
members) exceeds $500,000, the administration fee maximum
of $3,150 pa applies, resulting in significant savings.
Fee aggregation
With IOOF Pursuit Focus, the administration fee is only
0.34% per annum (subject to a minimum fee of $10 per month).
This simple and low fee structure means that you can build
your retirement savings quickly.
Fee aggregation is available to immediate family members and
same-sex couples and allows you to treat up to four accounts
as one for fee purposes. This is a fantastic way to grow your
account balance (and that of your family) while keeping a lid
on the administration fees you pay.
Intelligent investment options
Large range of investment options
Pursuit Focus provides access to our highly-regarded range of
multi-manager trusts, including the IOOF MultiMix Trusts. This
provides you with a simple, easy way to select a diverse blend
of specialist investment managers and investment styles.
Our investment menu is made up of a well-researched and
carefully-selected list of investment managers, providing
a choice of term deposits, listed securities and a large number
of managed funds.
Pursuit Select – savings available by aggregation over 12 months
Relationship
Product
Account
balance
Normal fee
Fee with
aggregation
Saving
Mr H Simpson
Father
Pension
$450,000
$2,875
$1,865
$1,010
Mrs M Simpson
Mother
Super
$230,000
$1,665
$953
$712
Son
Investment
$65,000
$618
$270
$348
Daughter
Super
$15,000
$360
$62
$298
$760,000
$5,518
$3,150
$2,368
Mr B Simpson
Miss M Simpson
Totals
For more information
To learn more about IOOF Pursuit and how it can help you reach your investment goals, please
speak to your financial adviser or call our dedicated client service team on 1800 062 963.
The material contained in this flyer has been prepared as general advice only and does not take into account any person’s individual objectives, financial situation or needs. A
person should consider whether the information is appropriate to their situation and should seek professional advice from an adviser before making an investment decision.
Before deciding whether to acquire or to continue to hold any investment mentioned in this flyer, a current Product Disclosure Statement or Offer Document should be
obtained and considered. IIML, its officers, employees, directors and agents believe that the information in this document is correct at the time of compilation, but no warranty
of accuracy or reliability is given and no responsibility arising in any other way for errors or omissions (including responsibility to any person by reason of negligence) is
accepted by IIML, its officers, employees, directors or agents.
PLA-3582
Issued by IOOF Investment Management Limited (IIML) ABN 53 006 695 021, AFS Licence No. 230524. IIML’s contact details can be found on their website (www.ioof.com.au).
IIML is a company within the IOOF group of companies (IOOF group) which consists of IOOF Holdings Limited (ABN 49 100 103 722) and its related bodies corporate. IIML is the
Trustee of the IOOF Portfolio Service Superannuation Fund ABN 70 815 369 818 and the Service Operator of the Pursuit Core and Pursuit Select Investment Services.