Top 10 features and benefits of Pursuit
The Pursuit platform offers a range of flexible superannuation, pension and investment products designed to meet
your clients’ needs today, tomorrow and beyond.
Pursuit has two models – Core and Select – in order to serve a greater variety of your clients’ retirement and
financial objectives.
• The Select model has a large range of features and a flexible pricing structure suited to clients who require a more
sophisticated investment solution.
• The Core model is suited to clients with simpler investing needs and allows them to move up to Select as their
balance increases and their needs change.
Ten reasons why you should consider Pursuit
1. Capped fees
Capped fees provide your clients with transparency and certainty along with an added incentive to increase their
account balance, or aggregate the accounts of immediate family members. Pursuit is competitively priced for
balances up to $500,000. For balances above $500,000, the Administration Fee maximum of $3,150 pa1 applies which
has the potential to generate significant savings.
2. Fee aggregation
This feature 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 business by bringing in spouses or relatives of
clients you already have and allowing them to enjoy fee savings as you build your business.
The power of fee aggregation
Relationship
Product
Account
balance
Normal
fee
Fee with
aggregation
Saving
Mr H Smith
Father
Pension
$450,000
$2,875
$1,865
$1,010
Mrs B Smith
Mother
Super
$230,000
$1,665
$953
$712
Mr B Smith
Son
Investment
$65,000
$618
$269
$348
Miss M Smith
Daughter
Super
$15,000
$360
$62
$298
$760,000
$5,518
$3,150
$2,368
Total
3. Flexible remuneration structure
Future-proof your business. With the anticipated changes occurring in the industry, this feature will ensure your
business is well placed for the future. With Pursuit, you can structure your remuneration according to how your
business operates. It offers a complete fee-for-service structure together with the flexibility of our adviser service
fee, meaning the cost of your advice relating to the account can be deducted from the account balance, helping your
clients’ cash flow.
4. Smart trust structure
The structure of Pursuit means your clients will not have to pay capital gains tax (CGT) or buy/sell spreads when the
same investment option is transferred from Core to Select or from super to pension. This is not widely provided by
other platforms but is a standard feature with Pursuit.
1
The fee cap applies to the Administration Fee only.
5. Tax efficient
Taxes may be inevitable, but they don’t have to be painful.
With Pursuit Personal Superannuation accounts, we make
tax easier by offering a range of tax-effective features:
• We calculate the imputation credit entitlement of each
individual member and pass those exact benefits onto
the member’s account.
• Income tax deductions are available to the
superannuation fund for expenses such as the
Administration Fee. The benefits of this are attributed
directly back to the individual member’s account.
• Adviser fees are deductible to members’ accumulation
accounts.
• We offer Capital Gains Tax-free transfer to pension,
provided the investment options stay the same.
• Contributions tax is paid annually and not on receipt of
contribution.
6. Full service direct shares offer
We have developed a full service direct share offer so that
you can manage everything in relation to your client’s direct
share holdings online via our specially-built order pad.
For example with Pursuit Select, you as the adviser have
the choice to participate in corporate actions or dividend
reinvestment plans on your client’s behalf with the same
flexibility as if the client held the security directly. This differs
from other platform providers where that decision normally
sits with the trustee.
8. Straightforward 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 and your clients even greater control over the
management and monitoring of investments. It offers a
range of financial tools and reports to make it easier
for you to manage and report on your clients’ accounts. In
addition, Portfolio Online uses the latest security technology
to ensure the protection of data.
9. Supporting you
IOOF is an adviser-focussed business. We work hard to
achieve an in-depth understanding of your business and
offer you a service tailored to meet your needs. We pride
ourselves on being proactive, responsive and easy to deal
with and we are committed to being your business partner
instead of just a product provider.
10. Award winning service and products
Wealth Insights/ASSIRT Service Level Survey
Results achieved for 2008 and 2009 demonstrate that our
efforts to be adviser-focused and a great service provider
have paid off. The survey results for both years show we are
in the top five within the platform industry in the general
category of ‘administrative support’. This encompasses key
service and support areas such as:
• administrative efficiency concerning turnaround times;
7. Quality investment menu
• efficiency in delivering commission payments promptly;
Our investment menu is made up of a well-researched
and carefully-selected list of investment managers,
providing a choice of term deposits, direct shares and in
excess of 190 managed funds.
• ability to resolve problems and errors quickly and
efficiently; and
• call centre efficiency.
We also rate within the top five for ‘ease of doing business’
(such as accessibility of staff ).
Pursuit Select
• 5 Heron Quality Stars 2010
For more information
• 4 Apples Chant West 2010
We are very proud of our achievements to date and would like to share this
success with you by helping your business grow and prosper.
• SuperRatings Gold 2010
Find out how IOOF can help. Please call Adviser Services on 1800 659 634
or email [email protected] to get in touch with a
Business Development Manager in your area.
• 5 Heron Quality Stars 2010
Pursuit Core
• 4 Apples Chant West 2010
This document is for Adviser Use Only. It has been issued by IOOF Investment Management Limited (IOOF) ABN 53 006 695 021, AFS Licence No. 230524.
IOOF’s contact details can be found on their web site (www.ioof.com.au). IOOF’s head office address is Level 29, 303 Collins Street, Melbourne VIC 3000.
IOOF is a company within the IOOF Group of Companies (IOOF Group) which consists of IOOF Holdings Limited (ABN 49 100 103 722) and its subsidiaries.
IOOF is the Trustee of the IOOF Portfolio Service Superannuation Fund, ABN 70 815 369 818, and the Service Operator of the Pursuit Core Investment
Service and Pursuit Select Investment Service. Pursuit Core Personal Superannuation, Pursuit Select Personal Superannuation, Pursuit Core Allocated
Pension, Pursuit Select Allocated Pension, IOOF Portfolio Service Employer Superannuation and IOOF Portfolio Service Corporate Superannuation
are all products within the IOOF Portfolio Service Superannuation Fund (ABN 70 815 369 818). The material contained in this document 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 article, a current Product Disclosure Statement (PDS)
or offer document should be obtained and considered. Past performance is not a reliable indicator of future performance. IOOF, 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 IOOF, its officers, employees, directors or agents.
CRA-535
0510
• SuperRatings Gold 2010