Ready to retire?

We offer tailored advice to help you navigate the complexities of retirement. Confidently plan and execute your retirement goals to ensure you achieve peace of mind for the next chapter.

Your super is there to help support your life after work. You can start accessing your super if:

you are 65 years of age (regardless of whether you are still working) or
you are 60 years of age and have left your job

There are also some cases where you can access you super before you turn 60. If you’ve reached your ‘preservation age’, and made the decision to permanently retire, you will be able to access your super. You’ll need to make a declaration to the fund that you don’t have any plans to work (for an income) again.

From age 60, you can leave your job (but not officially retire), and you don’t have to make a declaration about your future employment plans. You can access your super and, if you wish to at some point, return to work. However, any earnings or contributions accrued after you leave your job can’t be accessed until a fresh condition of release is met.

Preservation age

Your super is a ‘preserved benefit’ which means you generally can’t access it until you reach a certain age. Your ‘preservation age’ is the earliest age you can access your super and is based on your date of birth.

If you were born on or before 30 June 1964, you have already reached your preservation age. If you were born on or after 1 July 1964, your preservation age is 60.

Early access to super

You may be eligible to access your superannuation before reaching your preservation age if you can’t work (or can only work reduced hours) due to illness or injury. In this circumstance, you may also have insurance through your super for additional financial support. See Insurance through superOpens in new window page.

You may be able to access a limited amount of your super earlier on the basis of very specific compassionate or financial hardship grounds.

Visit the ATOOpens in new window for more information.

Step 1

Get ready

Read the Retirement Section Product Disclosure Statement (PDS) Opens in new window .
Decide which account option suits you.
Check you’re eligible for either a Transition to Retirement or Account-Based Pension.
Consider the risks.

Step 2

Decide how much to invest

Combine your super into a single account first.
Choose how much to transfer from your super to start your account in the Retirement Section (noting that you must rollover at least $25,000 to commence an Account-Based Pension).

Step 3

Decide on your payment amount

Choose your income payment amount. Both account types have a minimum payment amount of 4% p.a. Transition to Retirement also has maximum of 10% p.a..

Step 4

Make your investment choice

Decide how you’d like your account balance invested.
Choose which investment option(s) you’d like your payments made from.

Step 5

Nominate your beneficiaries

Let us know how you want your benefit paid in the event of your death. You can also nominate a reversionary beneficiary who will continue to receive income payments from your account.
For more information about beneficiaries see the Retirement Section PDS .Opens in new window

Step 6

Complete and return the forms

Remember to attach your proof of identity and a completed Tax File Number declarationOpens in new window if you are below age 60.

Ready to retire?

Our low-cost, flexible pension options make it easy.

Convert your super into an income stream with our Account-Based Pension or Transition to Retirement pension.

Open a retirement account with us Opens in new window

Need some help? Our advisers can help you decide what’s best for you.

Call us now on 1800 000 086.