Retirement

Personal Pension Plan

Vanguard’s Personal Pension Plan is a flexible account-based pension for retirees seeking a tax-effective income stream.

Vanguard’s Personal Pension Plan gives you control and flexibility over your retirement income. You can access regular income payments to cover your day-to-day living expenses while making larger lump sum withdrawals when you need them.

Better still, you pay no tax on investment earnings or income payments if you’re over 60 and have satisfied a condition of release. You can also use Vanguard’s Personal Pension Plan to start a transition to retirement income stream. The minimum initial investment is $100,000.

Benefits

  • tax-effective income stream
  • flexible income payments – monthly, quarterly, half-yearly and annually
  • access lump sum payments when you need them
  • choice of six sector options and four pre-mixed diversified options
  • broad market coverage for lower risk and more investment opportunities
  • flexible switching facilities with no switching fees other than normal buy/sell spreads
  • low scaled management fees - around half industry median

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Knowledge Centre

Personal Pension Plan - Funds at a Glance*

Show all funds or Hide all Funds.

Cash Cash funds suit investors who prefer capital stability and regular income to long-term growth.
 BenchmarkBuy/Sell SpreadMinimum Investment contributionManagement Costs
Management Costs-Member account keeping feeAdmin management fee for the first $50,000Admin management fee portion above $50,000
Vanguard®  Cash Plus Index Fund A customised Index, the Vanguard Cash Plus Index
Nil
 $100,000 0.29% p.a. Nil
0.75%
0.50%
Fixed interest Fixed interest funds suit short to medium-term investors seeking a steady and reliable income stream..
 BenchmarkBuy/Sell SpreadMinimum Investment contributionManagement Costs
Management Costs-Member account keeping feeAdmin management fee for the first $50,000Admin management fee portion above $50,000
Vanguard® Australian Fixed Interest Index Fund
UBS Australian Composite Bond Index
+.20%/ -0.20%
 $100,000 0.29% p.a. Nil
0.75% p.a.
0.50% p.a.
PropertyProperty trusts suit investors with a long-term timeframe (five years plus).
 BenchmarkBuy/Sell SpreadMinimum Investment contributionManagement Costs
Management Costs-Member account keeping feeAdmin management fee for the first $50,000Admin management fee portion above $50,000
Vanguard® Australian Property Securities Index Fund S&P/ASX 300 A-REIT Index
+0.20%/
+0.20%		 $100,000 0.34% p.a.
 Nil
0.75% p.a.
0.50% p.a.
Australian shares Shares are high risk and generally suited to longer-term investors (seven years plus)
 BenchmarkBuy/Sell SpreadMinimum Investment contributionManagement Costs
Management Costs-Member account keeping feeAdmin management fee for the first $50,000Admin management fee portion above $50,000
Vanguard® Australian Shares Index Fund S&P/ASX 300 Index
+0.20%/
-0.10%
 $100,000 0.34% p.a. Nil
0.75% p.a.
0.50% p.a.
International shares International Shares are high risk generally suited to longer-term investors (seven years plus)
 BenchmarkBuy/Sell Spread

Minimum Investment contribution

Management Costs
Management Costs-Member account keeping feeAdmin management fee for the first $50,000Admin management fee portion above $50,000
Vanguard® International Shares Index Fund MSCI World ex-Australia Index in $A
+0.30%/
-0.10%
 $100,000 0.36% p.a. Nil
0.75% p.a.
0.50% p.a.
Vanguard® International Shares Index Fund (Hedged) MSCI World ex-Australia Index in $A (Hedged)
+0.40%/
-0.20%
 $100,000 0.39% p.a. Nil
0.75% p.a.
0.50% p.a.
Diversified Diversified funds allow investors to select the alternative that best matches their risk profiles.
 BenchmarkBuy/Sell SpreadMinimum Investment contributionManagement Costs
Management Costs-Member account keeping feeAdmin management fee for the first $50,000Admin management fee portion above $50,000
Vanguard LifeStrategy Index PST - Conservative 30% growth and 70% income (Weighted average of target indexes of Vanguard Index Funds)
+0.15%/
-0.10%
 $100,000 0.33% p.a. Nil
0.75% p.a.
0.50% p.a.
Vanguard LifeStrategy Index PST - Balanced 50% growth and 50% income (Weighted average of target indexes of Vanguard Index Funds)
+0.20%/
-0.15%
 $100,000 0.34% p.a. Nil
0.75% p.a.
0.50% p.a.
Vanguard LifeStrategy Index PST - Growth 70% growth and 30% income (Weighted average of target indexes of Vanguard Index Funds)
+0.25%/
-0.15%
 $100,000 0.36% p.a. Nil
0.75% p.a.
0.50% p.a.
Vanguard LifeStrategy Index PST - High Growth 90% growth and 10% income (Weighted average of target indexes of Vanguard Index Funds)
+0.30%/
-0.20%
 $100,000 0.37% p.a. Nil
0.75% p.a.
0.50%

* Information correct as of Feb 28 2009.

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GENERAL ADVICE WARNING

Vanguard Investments Australia Ltd (ABN 72 072 881 086 / AFS Licence 227263 / RSE Licence L0001335) is the product issuer. We have not taken your circumstances into account when preparing the above information so it may not be applicable to your circumstances. You should consider your circumstances and our Product Disclosure Statement (PDS) before making any investment decision. You can access our PDS on our website or by calling us. Past performance is not an indication of future performance

We are the trustee of: Vanguard® Personal Superannuation Plan ABN 81 550 468 553 / Vanguard® LifeStrategy® Index PST - Conservative ABN 73 765 732 050 / Vanguard ® LifeStrategy® Index PST – Balanced ABN 23 846 775 905 / Vanguard ® LifeStrategy® Index PST - Growth ABN 95 836 361 772 / Vanguard® LifeStrategy® Index PST – High Growth ABN 61 378 605 876.

© 2010 Vanguard Investments Australia Ltd. ‘Vanguard’, ‘Vanguard Investments’, ‘LifeStrategy’ and the ship logo are the trademarks of The Vanguard Group, Inc.