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, or you can pick your own mix of investment assets. 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% pa over rolling 10 year periods CPI** + 3.0% pa over rolling 7 year periods CPI** + 2.0% pa over rolling 5 year periods At least the Bloomberg AusBond Bank Bill Index over rolling 12 month periods
Growth/Defensive split^ 80/20 65/35 32/68 0/100
Level of investment risk - estimated number of negative annual returns over any 20 year period Less than 6 Less than 4 Less than 2 Negligible probability*
Investment timeframe 10 years 7 years 5 years Around 12 months
Statement of fees and other costs+ $440 $375 $295 $175
Plan details Plan details Plan details Plan details
Net investment returns
Plan Growth plan
Balanced plan
Conservative plan
Cash plan
Plan details Plan details Plan details Plan details
Actual returns last month (%) (Jun 2020) 1.00% 0.97% 0.59% 0.02%
Actual returns FYTD (%) -2.59% -1.61% 0.26% 0.98%
Actual returns 1 year (%) -2.59% -1.61% 0.26% 0.98%
Actual returns 3 years (% pa) 4.53% 4.42% 3.38% 1.41%
Actual returns 5 years (% pa) 5.11% 4.80% 3.57% 1.50%
Actual returns 10 years (% pa) 7.79% 7.20% 5.23% 2.38%
Actual returns since inception (% pa) 5.95% 6.34% 5.10% 3.13%
Plan details Plan details Plan details Plan details

Net investment returns++ - updated monthly, returns are reported to the period ending 30 June 2020

Strategic Asset Allocation (SAA)
Plan Growth plan
Balanced plan
Conservative plan
Cash plan
Plan details Plan details Plan details Plan details
Australian Shares
 
28.5%
 
24.5%
 
11%
 
0%
International Shares
 
28.5%
 
24.5%
 
11%
 
0%
Private Equity
 
3%
 
1%
 
0%
 
0%
Property
 
8%
 
6%
 
4%
 
0%
Infrastructure
 
4%
 
3%
 
2%
 
0%
Medium Risk Alternatives
 
8%
 
6%
 
4%
 
0%
Investment Grade Bonds
 
11%
 
22%
 
29%
 
0%
Defensive Alternatives
 
7%
 
8%
 
10%
 
0%
Cash
 
2%
 
5%
 
29%
 
100%
Plan details Plan details Plan details Plan details
  • Asset type:
  • Growth
  • Defensive

Strategic Asset Allocation (SAA) - approved 3 September 2019

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.

* Negligible probability of a negative absolute return over any 12-month period.

** Consumer Price Index.

^ The Growth/Defensive split is the target allocation mix of Growth and Defensive assets.

+ Statement of fees and other costs are based on fees as at 2018/19 financial year. For information on other fees and costs, see our service fees article.

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

Inception dates RI Term Allocated Pension Readymade plans: Balanced 21 January 2005, Conservative 18 May 2005, Cash 22 July 2005 and Growth 08 November 2005.

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. 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.