Recognising the complexities associated with making the right choice when it comes to pension products, CANSTAR CANNEX compared over 77 pension funds from a total of 350 superannuation funds, to assist Australian consumers in effectively comparing account based pensions.
Pension funds were compared and rated across three account profiles with balances ranging from low to high, to determine the appropriate pension products that would be suitable for an individual’s investment needs at various stages of their investment lifecycle.
The five stars, which denote outstanding value, were then awarded based on cost factors and features, including management fees, transaction fees, member benefits, accessibility, functionality, insurance cover, income payment options and retirement solutions.
LUCRF’s Transition Pension and Retirement Pension products, which are readily available for anyone who has access to a superannuation benefit, received the highest rating of five stars.
This five star status reaffirms LUCRF’s proud history of strong returns and choice of pension and investment options that provide a convenient and low cost way of converting superannuation and other savings, into future growth opportunities.
Whether you have retired or you are still working, LUCRF has the right pension product for you.