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Investment Opportunities > Wrap Accounts > Personal Choice eWRAP Super/Pension


Personal Choice eWRAP Super enables you to save for your retirement and the Personal Choice eWRAP Pension account provides you with tax-effective income in retirement. It allows you to wrap all of your investments into the one simple retirement account to help you achieve your retirement goals. Investors can access the benefits of the Personal Choice eWRAP Super or Pension, direct without a financial adviser by utilising our low cost transaction service. Personal Choice eWRAP is a badged version of the Asgard eWRAP platform.


The table below is only a summary. Please refer to the product disclosure statement for full details.
Minimum suggested account value* $100,000
Minimum buy/sell amount $100 per managed investment
No minimum per share
Available investment options Cash, managed investments, fixed term deposit and shares
Upfront Fee NIL through 2020 DIRECTINVEST
Exit Fee NIL through 2020 DIRECTINVEST
Admin Fee Scale^ First $100,000# 0.7900% pa
  Next $150,000 0.5900% pa 
  Next $500,000 0.3075% pa
  Next $2,250,000 0.1025% pa
  Over $3,000,000 NIL
  Investment fees are payable to investment managers of the managed investments in your account. Investment fees will range from 0.00% per annum to 3.22% per annum.
Trustee Fee^ 0.1045% pa on the first $3 million.
Share brokerage $25 up to $30,000
  0.1025% trades greater than  $30,000
2020 Transaction Fee $11 per transaction for a buy or a sell transaction 

^ Applied to the balance of your managed investments, shares and term deposits and not applied to your Cash Account balance
*You may invest with less but admin fees are charged on a balance of $100,000.
#A minimum administration fee of $65.83 per month applies to all accounts with a balance (excluding cash) of less than $100,000.

Investment Choice & Flexibility

Access over 400 wholesale and boutique managed funds, typically unavailable for investment to retail investors and at wholesale investment fees and invest in ASX listed securities.

Competitive Fee Structure and Fee Rebates

As a badged version of the Asgard eWRAP, Personal Choice eWRAP Super and Pension have lower administration fees than the Asgard badge. In addition, administration fees are capped at $3 million. 2020 DIRECTINVEST will waive all entry and exit fees and we do not charge ongoing adviser service fees. Asgard has also negotiated management fee rebates with a number of investment managers. These rebates range up to 40% of the fund manager's fee charged and is passed on to the investor in full.

Managing your eWRAP Account

Personal Choice eWRAP is available on an investor-directed basis; as your account managers, we will help you make amendments to your account, answer general questions and help you buy and sell investments. We offer this service via our low cost transaction only service at only $11 (incl GST) per fund or share buy or sell.

Super Contributions

Contributions can be made by direct debit, BPAY or by cheque. Your employer can use Employer Online to make deposits into your eWRAP super account by direct debit, BPAY or cheque.

Transition from Super to Pension

Easily transfer from an eWRAP Superannuation Account to a tax effective eWRAP Pension Account. When you become eligible you can transfer all or part of your benefits from an existing eWRAP Super account to Pension without selling down your managed investments.

Choice of insurance (super account only)

Three insurance options are available for investors in Personal Choice eWRAP Super accounts:

  1. BT Protection Plans: Individual policy for Life Cover, TPD and Income Protection through superannuation.
  2. AIA’s Priority Protection for Platform Investors: individual policy for Superannuation Life Cover, TPD and Income Protection.
  3. Asgard Personal Protection Package: group policy Life Protection, Total & Permanent Disablement, Salary Continuance/Income Protection, Trauma Protection, Critical Trauma Protection and Business Expenses Protection.

Download the Asgard Insurance Comparison Guide.

Why Personal Choice eWRAP?

Personal Choice eWRAP is a badged version of the award-winning Asgard eWRAP platform. Asgard was established in 1985 and is a member of the Westpac Group. Asgard has over 400,000 investors with over $37 billion in funds under management (as at September 2008).

Personal Choice Portfolio Services Pty Ltd is formed by a group of independently owned dealer groups who joined with Asgard to promote Personal Choice eWRAP Super/Pension. Personal Choice eWRAP Super/Pension offers the same account features and investment menu but with a lower administration fee.







Apply for a new eWRAP account or find out how to transfer your existing wrap account to Personal Choice through 2020 DIRECTINVEST.  

Download the Available Investment Options list below or research available funds please use our custom eWRAP Find a Fund tool.


Managing your eWRAP account

Frequently Asked Questions

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2020 DIRECTINVEST will charge a $11 fee per transaction for each buy and sell, this is will be deducted from your eWRAP cash account. 2020 DIRECTINVEST may receive up tp 50% of the administration fee paid on Personal Choice eWRAP accounts; this is not an additional charge to the investor.


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