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What are the main features of a MYNorth Pension?

6/2/2023

 
A MyNorth Pension is a superannuation product offered by the Australian financial services company, IOOF. Some of the main features of MyNorth Pension include:

  • Flexibility: MyNorth Pension offers a range of investment options and allows for regular withdrawals, making it a flexible option for retirees.
  • Investment options: MyNorth Pension offers a wide range of investment options, including cash, fixed interest, Australian and international shares, property, and alternative investments such as hedge funds.
  • Insurance: MyNorth Pension offers access to a range of insurance options, including life insurance, total and permanent disability (TPD) insurance, and income protection insurance.
  • Consolidation: MyNorth Pension allows clients to consolidate multiple superannuation accounts into a single account, making it easier to manage their retirement savings.
  • Online access: MyNorth Pension offers online access to account balances, investment performance, and transaction history, making it easy for clients to manage their retirement savings.
  • Low fees: MyNorth Pension offers competitive fees, including low administration fees and no entry or exit fees.

Overall, MyNorth Pension offers a range of features designed to meet the needs of retirees, including flexibility, investment options, insurance, consolidation, online access, low fees, and access to financial advice.

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