Bendigo Smartstart Super is the superannuation product offered by Bendigo Bank — one of Australia’s larger regional banks. It is a retail super product aimed at Bendigo Bank customers and the broader public.
Key Facts
| Feature | Detail |
|---|---|
| Fund name | Bendigo Smartstart Super |
| Operator | Bendigo Bank / Sandhurst Trustees |
| Fund type | Retail |
| Regulator | APRA-regulated |
Fees
Bendigo Smartstart Super has a fee structure typical of retail super products:
- Administration fee: Annual dollar fee + percentage of balance
- Investment fees: Vary by investment option
- Transactions fees: May apply for switching, rollover, and other actions
For current fees, refer to the Bendigo Smartstart Super PDS at bendigobank.com.au.
Investment Options
Bendigo Smartstart Super offers a range of investment options from conservative to high growth, including:
- Cash
- Conservative
- Balanced
- Growth
- High Growth
The fund uses diversified managed fund structures to deliver these options.
Performance
Members should compare Bendigo Smartstart Super’s performance against comparable funds using the ATO’s YourSuper comparison tool (ato.gov.au). Retail super products have historically faced challenges competing with lower-fee industry funds on a net-of-fees performance basis.
Insurance
Bendigo Smartstart Super provides automatic death and TPD cover for eligible members, with income protection insurance available. Underwriting and cover terms are detailed in the fund’s Insurance Guide.
Who Bendigo Super May Suit
- Existing Bendigo Bank customers who prefer to keep financial products in one institution
- Members in regional areas where Bendigo Bank has a strong local presence
For most Australians, comparing fees and investment performance across multiple funds before selecting Bendigo Smartstart is advisable.
For advice on whether Bendigo Super is right for you, speak with a licensed financial adviser via MoneySmart. For more: Super Fund Comparison Table, How to Choose a Super Fund.