ANZ Smart Choice Super

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ANZ is a provider of superannuation, insurance policies, investment products, home loans and other banking products.

“Your world, your way.”

Compare ANZ Super Funds

Here’s a snapshot of ANZ superannuation fund, check out features available based a super balance of $50K to $100K. To compare other superannuation funds, click here.

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What ANZ Superannuation offers

The inclusions below represent a selection of what is covered. Additional conditions may apply to different features. CANSTAR is not making any suggestion or recommendation to you about this product. Please ensure that you read the product disclosure statement to determine all the current policy options and inclusions for the product you are considering.

ANZ Smart Choice Super

  • Unlimited free investment switches.
  • Life insurance, TPD insurance, and income protection cover available within super.
  • Online access to account details.
  • Financial advice available.

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How to join ANZ Superannuation

You can sign up for an ANZ super account online by clicking on ANZ Smart Choice Super in the CANSTAR superannuation comparison tables, or by applying through the Grow by ANZ mobile app. ANZ says it only takes 5 minutes to apply online.

If you’d rather talk through the process before signing up, contact ANZ’s superannuation enquiries team for employees:

Keep our tips in mind for how to choose a super fund, and always read the product disclosure statement (PDS) before you sign up for any superannuation product.

Remember to consider consolidating all of your super savings into one account. Find out how to find your lost super and how to consolidate your super. Before consolidating, check what insurances you have with each fund. Moving super from one fund to another could mean you lose some insurances, some of which you might not have known about but could really find handy if something were to happen to you.

Finally, tell your employer that you’ve joined ANZ Superannuation. Your employer will give you a choice of super fund form that you will need to sign and return to them.

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How do the fees on ANZ Superannuation compare to other funds?

The table above shows the total fee cost to have an ANZ Superannuation account per year. Compare these fees to the average super fund fees on our database.

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Does ANZ Superannuation offer an ethical investment option?

As of 2016, ANZ offers one super fund, Good Super (available with Conservative, Balanced, and Growth investment options), that does not invest in companies that get more than 10% of their revenue from tobacco, weapons, gambling, alcohol, or pornography.

Find out more about ethical super investment options here. Some ethical super funds screen out companies that harm humans or the environment, while other ethical super funds invest only in companies whose social and corporate responsibility approach makes a positive impact in environmental and social areas. You don’t have to settle for a super fund where money is the bottom line; ask your super fund whether they offer ethical investment options.

How can I track the growth of my ANZ Superannuation account?

Members can track and manage the growth of their super balance on their smartphone or tablet with the Grow by ANZ mobile app for Apple devices. Members can also view their ANZ super balance online or in their annual statement.

What should I check on my ANZ Superannuation statement?

Be sure to check these 9 things on your superannuation statement:

  • Personal details are up-to-date
  • Nominated beneficiaries are up-to-date
  • Tax File Number (TFN) is recorded
  • Super contributions from employer and/or your voluntary contributions are correct
  • Investment asset class choices are appropriate for your life stage
  • Amount paid in fees
  • Insurance still adequate
  • Super is consolidated, after checking whether there is insurance or any other benefits attached to the account you may lose and you’re comfortable to do so
  • The big picture – are you happy with your super fund overall?

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When can I access my ANZ Superannuation?

You can access your super at age 65, but it could be earlier at what’s known as your preservation age, which can be from 55 years up to 60 years depending on what year you were born. To access your super, typically you need to have permanently decided to stop working, or have left an employer after turning 60. Earlier access to your super is possible in certain circumstances, such as:

  • If your home is being repossessed
  • Cases of severe financial hardship
  • On compassionate grounds if you or your dependant is diagnosed with a terminal illness needing palliative care, or if you are temporarily or permanently unable to work or need to work less hours due to a physical or mental medical condition, or if you are disabled and need to modify your home or car to meet your needs, or if you need help to pay for the funeral expenses of a dependant
  • If your super balance is less than $200

Can I get the Age Pension as well as ANZ Superannuation?

You may be able to receive a full or part-pension from Centrelink depending on your level of assets (including super and account-based pension balance) and income (including from any account-based pension you may have and how much income your super is assumed to be able to pay you).Find out how the Age Pension works and how much you can receive in super before your pension is affected.

About ANZ

ANZ has a long history, founded in 1835 in London and Sydney as the Bank of Australasia and moving into Melbourne in 1838. As one of the Big 4 Banks in Australia, ANZ is the largest banking group in the Pacific and New Zealand region, and is ranked among the top 50 banks in the world.

ANZ’s recent #equalfuture campaign for equal superannuation and pay for women is absolutely brilliant. In the Behind the Scenes video, the child actors discuss their thoughts on the gender pay gap and why women should have as much super as men:

Source: ANZ Australia

Everyone can benefit from the Money Minded Monday series of handy hints videos on ANZ’s YouTube channel. These were created as part of ANZ’s free, online MoneyMinded education course, which has been used by more than 420,000 people as of 2016.

ANZ supports the community by focussing on Giving, Investing, Volunteering, and Emergency Relief. ANZ funds worthy causes with community grants distributed through the ANZ Staff Foundation, ANZ New Zealand Staff Foundation, and Seeds of Renewal in rural and regional Australia. When it comes to promoting gender equality in the community, ANZ’s ratio of 41.5% management positions being women is impressive compared to the national average of 37.4% in the 2016 Workplace Gender Equality Scorecard.

ANZ protects the environment through responsible business lending, climate change prevention, sustainable sourcing, and educating their overseas corporate customers and partners about sustainable business practices. Sustainability highlights in 2016 included funding $2.5 billion in low carbon and sustainable energy solutions, 17% reduction in greenhouse gas emissions in Australia, and reducing paper usage by 22% since 2013.

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This information has been prepared without taking into account your individual investment objectives, financial circumstances or needs. Before you decide whether or not to acquire a particular financial product you should assess whether it is appropriate for you in the light of your own personal circumstances, having regard to your own objectives, financial situation and needs. You may wish to obtain financial advice from a suitably qualified adviser before making any decision to acquire a financial product. CANSTAR provides information about superannuation products. It is not a superannuation provider and in giving you information it is not making any suggestion or recommendation to you about a particular credit product. Please refer to CANSTAR’s FSCG for more information.

ANZ Smart Choice Super

Canstar Research
Rating:
Award: 2016 Outstanding Value Superannuation Funds

Winning Profiles: Starter | Builder | Established | Pre-retiree | Wealth Accumulator

ANZ Smart Choice Super

View 2016 Canstar Superannuation Star Ratings Report

Written by: TJ Ryan | Last updated: March 7, 2017

Compliance Disclosure and Liability Disclaimer

This information has been prepared without taking into account your individual investment objectives, financial circumstances or needs. Before you decide whether or not to acquire a particular financial product you should assess whether it is appropriate for you in the light of your own personal circumstances, having regard to your own objectives, financial situation and needs. You may wish to obtain financial advice from a suitably qualified adviser before making any decision to acquire a financial product. CANSTAR provides information about superannuation products. It is not a superannuation provider and in giving you information it is not making any suggestion or recommendation to you about a particular credit product. Please refer to CANSTAR’s FSCG for more information.

The Star Ratings in this table were awarded in September 2016. The search results do not include all providers and may not compare all features relevant to you. View the CANSTAR Superannuation Star Ratings Methodology and Report. These results are general advice only and not personal financial advice. Ratings are only one factor to take into account when deciding whether to make an investment. Consider the Product Disclosure Statement before making a purchase decision.

Important Notes:

1. Performance, fee and other information displayed in the table has been updated from time to time since the rating date and may not reflect the products as rated.

2.The performance and fee information shown in the table is for the investment option used by CANSTAR in rating of the superannuation product.

3.Performance information shown is for the historical periods up to 30/06/2016 and investment options noted in the table information.

4.Performance figures shown reflect net investment performance, i.e. net of investment tax, investment management fees and the maximum applicable ongoing management fees and membership fees. Performance information is provided by Rainmaker Information Pty Ltd ABN 86 095 610 996 AFSL 461816 (www.rainmaker.com.au) which provides general information on superannuation.

5.Performance data may not be available for some products. This is indicated in the tables by a note referring the user to the product provider, or by no performance information being shown.

6.Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

7.Any advice on this page is general and has not taken into account your objectives, financial situation or needs. Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. CANSTAR is not providing a recommendation for your individual circumstances. See our Detailed Disclosure.

8.Not all superannuation funds in the market are listed, and the list above may not include all features relevant to you.  CANSTAR is not providing a recommendation for your individual circumstances.