Investment options - RI Term Allocated Pension


An RI Term Allocated Pension is a retirement income product that was closed to new members in 2007. A term allocated pension provides you with a regular income stream for a set period of time, that is determined by you.

To help you grow your super, we offer a range of investment plans targeting different levels of risk and return, designed to give you a choice as to how your money is invested. You can choose one of the four Readymade plans below.

Please note: Readymade plans cannot be mixed. To select your own mix of investment assets, see our Mix Your plan options. Find out more about making an investment plan choice.

Plan details
Plan Growth plan
Balanced plan
Conservative plan
Cash plan
Product dashboard Product dashboard Product dashboard Product dashboard
Level of investment risk by Standard Risk Measure bands High
6 out of 7
Medium to high
5 out of 7
Low to medium
3 out of 7
Very low
1 out of 7
Investment return objective CPI** + 4.0% p.a. over rolling 10 year periods CPI** + 3.0% p.a. over rolling 7 year periods CPI** + 2.0% p.a. over rolling 5 year periods At least the Bloomberg AusBond Bank Bill Index over rolling 12 month periods
Growth/Defensive split^
Level of investment risk - estimated number of negative annual returns over any 20-year period Less than 6 Less than 4 Less than 2 Less than 0.5
Investment timeframe 10 years 7 years 5 years Around 12 months
Statement of fees and other costs+ $435 $375 $310 $170
Plan details Plan details Plan details Plan details
Net investment returns as at 30 November 2021++
Plan Growth plan
Balanced plan
Conservative plan
Cash plan
Plan details Plan details Plan details Plan details
Actual returns last month (%) -0.25% -0.05% 0.14% -0.01%
Actual returns FYTD (%) 2.85% 2.05% 0.73% -0.05%
Actual returns 1 year (%) 14.00% 10.87% 4.41% -0.10%
Actual returns 3 years (% p.a.) 9.85% 8.59% 4.85% 0.71%
Actual returns 5 years (% p.a.) 8.62% 7.54% 4.44% 1.00%
Actual returns 10 years (% p.a.) 9.48% 8.33% 5.29% 1.75%
Plan details Plan details Plan details Plan details
Strategic Asset Allocation (SAA)
Plan Growth plan
Balanced plan
Conservative plan
Cash plan
Plan details Plan details Plan details Plan details
Australian Shares
 
32.5%
 
22%
 
11%
 
0%
International Shares
 
32.5%
 
22%
 
11%
 
0%
Private Equity
 
1%
 
1%
 
0%
 
0%
Property
 
8%
 
6%
 
4%
 
0%
Infrastructure
 
8%
 
6%
 
4%
 
0%
Medium Risk Alternatives
 
8%
 
6%
 
4%
 
0%
Investment Grade Bonds
 
8%
 
22%
 
29%
 
0%
Defensive Alternatives
 
0%
 
10%
 
16%
 
0%
Cash
 
2%
 
5%
 
21%
 
100%
Actual allocation Actual allocation Actual allocation Actual allocation
  • Asset type:
  • Growth
  • Defensive

The above investment mix represents the mix for the Strategic Asset Allocation (SAA) – our long-term target for allocating assets between asset classes - for our plans. The actual mix for your plan may differ from the SAA and can be viewed by selecting ‘Actual allocation’ under the relevant plan. The SAA and other information provided above is current as of 31 August 2021 and is based on the current Treasurer’s Prudential Guidelines for Investments which were approved on 13 August 2021. No changes to the SAA were made in 2020.

The SAA, asset allocation ranges or the composition of individual asset classes may change from time to time, without prior notice.

The risk level is based upon the Standard Risk Measure. The SRM is based on industry guidance developed to allow members to compare investment options that are expected to deliver a similar number of negative returns over a 20-year period.

** Consumer Price Index.

^ The Growth/Defensive split is the target allocation mix of Growth and Defensive assets. Some asset classes may be classified as part Growth and Defensive.

+ Statement of fees and other costs are based on fees over the 2020/21 financial year. For information on other fees and costs, see our schedule of fees brochure.

++ Returns are reported net of the Indirect Cost Ratio (ICR), are based on transactional prices and are inclusive of franking credits. The ICR includes all investment costs and any additional underlying costs relating to your investment.

Our schemes are Exempt Public Sector Superannuation Schemes and are regulated by the WA State Government and not the Commonwealth Government.

The State Government guarantees to pay every benefit payable under a scheme, including the accumulation, retirement and defined benefit schemes. This Benefit Payment Guarantee does not include investment market losses.

Performance information should be used as a guide only. The performance of your investment plan is not guaranteed and returns may move up or down depending on market conditions. Past performance should not be relied on as an indication of future performance. Changes in investment strategy, such as the appointment of new external investment managers, may impact future performance.

The Asset Allocation to Property includes listed and unlisted investments.