Let's start with our solid foundation
Putting you first.
At smartMonday we’re not a bank, or a union - we put members first, aiming to make today the start of a fitter financial future for you.
Super
smartMonday's 2 investment options:
01_Choice
Which lets you pick how your money is invested.
02_MySuper
An investment strategy you’ll be automatically enrolled into if you don’t want to actively engage in investment decisions.
Choice
01_With 30+ options you can pick 'n' mix your own portfolio.
We’ve got a chunky list of active and passive investments for those of you who are more of the ‘hands on’ type.
More information on investment types is available here.
| Fees | Base fees for Allianz staff | On $50K balance you’d pay... |
|---|---|---|
| Member fee | $94.56 | $94.56 |
| Administration fee* | 0.50% 0.31% rebate | $155.00 refund |
| Investment fee* | 0.53% | $265 |
| Indirect cost ratio* | 0.03% | $15 |
| Total Cost | $219.56 |
Allianz staff who are members of smartMonday would save $405 a year on a $50k balance.
MySuper
(The default option)
02_For employees that don't want to actively monitor their investments.
This means we invest for you based on our set’n’forget MySuper design, which auto adjusts based on your age.
Starting with up to 90% in growth assets moving to 70% allocation to defensive assets later on.
Returns
Defensive Includes Australian and global fixed interest. Typically earn lower long-term returns/ lower risk of loss.
High Growth Consists mainly of shares & property. Higher long-term returns/higher risk of loss.
* These June 2019 returns are based on the proportion of the MySuper High Growth and the MySuper Defensive returns for the relevant period that applies to the MySuper portfolio allocation at the indicative ages."
Fees
| Base fees for Allianz staff | On $50K balance you’d pay... | |
|---|---|---|
| Member fee | $94.56 | $94.56 |
| Administration fee | 0.53% 0.28% | $140.00 |
| Investment fee | 0.24% | $120.00 |
| Indirect cost ratio | 0.07% | $35 |
| Total Cost | $389.56 |
Allianz staff who are members of smartMonday would save $125 a year on a $50k balance.
Insurance
At smartMonday we've got you covered with our range of insurance options:
- Death cover
- Total and permanent disablement (TPD) insurance
- Income protection insurance
Premiums are typically calculated using collective factors, gender, salary, age and occupation category but if you join you'll receive a plan outline with the Allianz specifics.
Insurance Calculator
Calculate the insurance cost for Death, Total and Permanent Disability and Income Protection
Insurance Calculator
Insurance Calculator
Insurance Calculator
All done! Check out your Premium & Payout below.
| Annual cost | Insured amount | |
|---|---|---|
| Death | {{ calcDeathAnnualCost }} | {{ calcDeathInsuredAmount }} |
| TPD | {{ calcTPDAnnualCost }} | {{ calcTPDInsuredAmount }} |
| Income Protection | {{ calcIncomeProtectionAnnualCost }} | {{ calcIncomeProtectionInsuredAmount }} |
Disclaimer
The insurance quote calculator helps you work out the cost of insurance for the different types and levels of cover available in smartMonday. This calculator relates to the insurance automatically provided to you as an employee of Allianz. The quote provided does not take into account risk loadings based on your personal circumstances and your premium may vary based on these factors. If you are applying for voluntary insurance we recommend you refer to the Product Disclosure Statement or speak to your financial adviser to obtain the correct pricing.
Calculations performed on this calculator are based on the standard AIA Australia insurance policy and current AIA insurance rates.
+ Action
Included in your membership
Interested in learning more?
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Chat with our smartCoaches to find out more.
