Whether you’re easing into retirement or ready to say goodbye to working life, we have a pension option to meet your needs.

We offer three types of pension accounts:

Transition Pension

If you’re looking to access some of your super while you’re still working and want to ease into retirement.

Target Market Determination (TMD)

Control Pension

If you’re fully retired and want flexible, regular income and control over how your money is invested.

Target Market Determination (TMD)

Managed Pension

If you’re fully retired and want a stable, long-lasting regular income.

Target Market Determination (TMD)

For the details about our pension account options, including investment options, fees and costs, payment options, eligibility and more, read the Pension Guide.

Download the Pension Guide

2. Save more super

If you've reached 60 years of age and are still working, you can use a combination of salary sacrifice contributions and payments from a Transition Pension to grow your super faster. It's a great way to give your super a boost while you work towards retirement.

For examples of how the Transition Pension works, read the Pension guide.

With a Control Pension, you’re in the driver’s seat. You decide how your retirement savings are invested and have control over how you receive pension payments.

To find out more about the Control Pension and our other pension account options, read the Pension guide.

Benefits of a Control Pension

There are many benefits of starting a Control Pension account with us, including:

• regular and flexible income payments (generally tax-free from age 60)
• control over how your retirements savings are invested
• continued retirement savings growth as your account stays invested
• tax-free investment earnings
• the Retirement Bonus (if eligible)
• flexibility to make withdrawals or change to a Managed Pension.

With a Managed Pension, we do all the work for you. We handle all the investment decisions and manage your account to deliver you a stable income over the long-term. All you need to do is sit back and enjoy your retirement.

To find out more about the Managed Pension and our other pension account options, read the Pension Guide.

Benefits of a Managed Pension

There are many benefits of starting a Managed Pension account with us, including:

• designed to help provide retirement savings that last through your retirement (targeting regular income payments until age 90). It’s not guaranteed your savings will last until age 90
• stable, fortnightly income payments, set by us and which are generally indexed to keep pace with inflation
• generally tax-free pension payments and withdrawals
• tax-free investment earnings
• boost your retirement savings with a Retirement Bonus.

Eligibility criteria apply.

• flexibility to access your super whenever you need it (however, this may impact your future income payments and how long your pension will last) or change to a Control Pension if your needs change.