Fee changes on MLC MasterKey Super Fundamentals from 1 April 2019
See below fees section for more information
Market-leading investment approach
that creates portfolios with real value.
Tools and resources
that make advice easier.
Protection solutions
for peace of mind when it counts.
An experienced partner
for complete wealth solutions.
Expertly managed investment portfolios
We create real value for your clients through MLC’s expertly managed multi-asset, multi-manager investment portfolios, single-asset class multi-manager funds, and quality single-manager funds managed by world-class investment managers. We have investment options for every stage of life for your clients.
Three distinct sets of multi-asset portfolios
Quality investment options for your clients through
MLC Inflation Plus, Horizon and Index Plus portfolios,
giving you and your clients a vast choice of readymade
portfolios to suit different client needs.
Quality single-asset class investment options
Implement a core-satellite approach to investing
with our quality multi-manager, single-manager
funds and term deposits, provided by globally
recognised fund managers, including MLC.
Award-winning investment expertise
Our market-leading investment approach uses 50+ forward looking
scenarios as part of our Investment Futures
Framework. Our Framework helps us work out the best combination of asset classes to achieve our portfolios’ objectives.
Transparent investing
Build client confidence with a transparent view of
how your clients’ money is being invested and
performing through our Fund Profile Tool and
detailed reporting.
Tools and resources that make advice easier
We’ve built the tools you need to give more to your clients, create even better relationships, and manage and grow your own business.
Engaging your clients
Show your clients their options and how their investments are performing with our interactive Fund Profile Tool.
Easy management for all life stages
MasterKey Fundamentals is designed to take your clients from job to job and into retirement. It’s easy to manage and change as they move through life.
Detailed online reports
Quick, easy access to customisable
reports that help engage clients
and fine-tune your business.
Protection solutions for peace of mind when it counts
Our flexible insurance options are designed to protect your clients and the people and things they love when the unexpected happens.
Lifestage insurance
Your clients can choose from three simple
levels of Death and TPD cover, without the
need for underwriting.
Additional, comprehensive insurance options
Including Death, TPD, Critical Illness and Income Protection. For more
information visit us at
MLC Life Insurance.
Protecting retirement savings
Investment Protection options offer downside protection while allowing upside growth,
giving you confidence
during market ups and downs.
Further information
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Fee reductions on MLC MasterKey Fundamentals
Effective from 1 April, we’re reducing administration fees on MLC MasterKey Super, Pension and Investment Fundamentals for existing and new clients. These fee changes are all about providing more competitive outcomes for your clients. To find out more, contact a BDM.Competitive prices
MasterKey Super Fundamentals can help you lower overall costs for your clients by offering a low fee for balances under $50,000; competitive percentage tiered fees; and a maximum fee cap of $2,500 pa.MasterKey Super and Pension Fundamentals administration fees
Account balance Fees from 1 April (pa) Tiered % fee
- First $200, 000
- Remaining balance over $200,000
0.30%
0.20%
Plus
A fee of $1.50 per week if your account balance is below $50, 000 when the Administration fee is deducted.
We also offer a range of flexible Adviser Service fee options, allowing you and your clients to choose a strategy that’s right for you. For the most up-to-date information on our fees and costs, see our MLC MasterKey Super Fundamentals Product Disclosure Statement (PDF).
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The following investment options are available in MLC MasterKey Super Fundamentals:
- MLC Inflation Plus portfolios
- MLC Horizon portfolios (Investment Protection available on some investment options)
- MLC Index Plus portfolios (Investment Protection available on some investment options)
- MLC multi-manager asset-class funds
- Externally managed asset-class funds
- Index funds
- NAB Term Deposits
- MLC Cash Fund
For more information on the above funds, see our investment menu.
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Insurance available when you join
You can enjoy quality insurance benefits with Lifestage insurance (our default option):
- A combination of Death and Total and Permanent Disablement (TPD) insurance that's been designed to protect you and your loved ones through your different life stages
- When you join, you're able to select from three levels of MLC Lifestage insurance cover (Standard, Half the standard and Double the standard), subject to eligibility criteria
- Premiums are deducted monthly from your super account balance
- Your current and previous state of health may affect your ability to claim
Insurance available after you join- Once your account has been opened, you can tailor your insurance to meet your needs with:
- Different levels of Lifestage Insurance or nominate a fixed amount for Death and TPD
- Option to add Income Protection Insurance cover (including access to Best Doctors)
When you apply for insurance after you join, we will ask you questions about your employment, pastimes and medical history. If successful, specific occupation loading and/or medical exclusions may apply.
Important Information and disclaimer
Information current as at March 2019. This communication has been prepared for the general information of advisers only. It does not take into account any investor's objectives, financial situation or needs. Investors should consider its appropriateness having regard to these factors before acting on the information. Any opinions expressed constitute our views at the time of issue and are subject to change.
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