Why choose SmartStart Pension?

Super products are issued by our wholly owned subsidiary Sandhurst Trustees Limited.

  1. Low cost. Enjoy your retirement savings, don't spend it on fees.

  2. Flexible pension types and payment options

  3. Low $10,000 minimum initial investment

It's money you've worked hard for. Don't spend it all on fees.

Bendigo SmartStart Pension aims to provide a low-cost and easy to use solution to help you in your retirement or as you transition to retirement.

  • Competitive administration fee of $98 p.a. plus a percentage-based administration fee of 0.20% p.a.
  • No establishment fee
  • No contribution/rollover fee
  • No withdrawal fee
  • No fees to switch investment options


  • If you have a constant $50,000 invested in the Bendigo Balanced Index Fund, you'll be looking at a total of $413.

This includes an administration fee of $98 p.a., a percentage-based fee of 0.20% p.a. plus investment costs (charged by the managed fund) of 0.432% p.a. ($229)*.

There are two ways you can choose to fund your retirement

Smiling older woman drinking from a mug in her garden.

A Standard pension

If you have permanently retired and have reached your Preservation Age, you can choose to convert your super savings into a tax effective income stream.

You can receive your pension payments to your nominated bank account monthly, quarterly, half-yearly, or annually.

Middle-aged carpenter at his work bench looking at his tablet.

A Transition to Retirement pension (TTR)

If you have reached your retirement age but are still working, you can still use your super to commence a tax-effective income stream. You can do this in combination with reducing your hours of work to slowly ease into retirement, or it can be used to boost your income through monthly, quarterly, half-yearly or annual payments, while you are still contributing to super from your salary.

Speak to a Financial Planner today
to plan your retirement strategy