How to easily manage your retirement fund

Now that you've reached this exciting milestone, managing your retirement fund should be easy and hassle-free. We recommend using our MemberAccess portal and Mobile App as the best tools for the job. They can help you control your account from anywhere, anytime, with just a few clicks.

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Managing income payments

Regardless of your chosen legalsuper pension, you will receive income payments through Electronic Funds Transfer (EFT) to your personal bank, building society, or credit union account. You are not locked into any payment amount or frequency, and you can adjust your payments throughout the year to suit your requirements.

Choose from the following payment frequencies:

  • Yearly (paid on the 28th of June unless otherwise specified)
  • Half-yearly (paid on the 28th of the relevant month – paid in June & December unless otherwise specified)
  • Quarterly (paid on the 28th of each quarter - March, June, September & December)
  • Monthly (paid on the 28th of each month)
  • Fortnightly (paid according to the schedule below):

Year 2024

Month Date
January 11th, 25th
February  8th, 22nd
March  7th, 21st
April  4th, 18th
May  2nd, 16th, 30th
June  13th, 27th

 

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Topping up your retirement account

If you want to add more money to your pension account, you can do so by recommencing the pension account with the new balance. To explore this option, please book a meeting with our Client Services team to discuss the tax implications.
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Investment mix

It’s important to review your investment mix during retirement to ensure that you stay on track and meet your retirement savings goals.

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Your beneficiaries

By nominating a pension beneficiary you can decide who receives your retirement savings, as your super and pension benefits aren’t automatically included in your estate or Will. The only direct way to leave your super to the beneficiaries of your Will is to let us know these beneficiaries or to nominate one as a binding beneficiary.

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Do all this online with MemberAccess or the Mobile App

From anywhere, anytime, with just a few clicks, use MemberAccess or the Mobile App to:

  • Check balances and transactions - Monitor your account balance and review transaction history.
  • Manage investments - Keep track of your investments and make changes as needed.
  • Check correspondence - Access essential documents and correspondence related to your retirement account.
  • Check and update bank and personal details - Ensure your contact information is up to date for seamless communication.

Use MemberAccess or our Mobile App for easy management of your retirement income.

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Need more help? Contact our Client Services team

As a member, you can get personalised support from our Client Services team at no cost or obligation. They can provide general information and limited personal advice on managing your retirement account.
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