Flexible Income

We’re in a service transition period
We’re currently completing our merger. You’ll be able to apply for a retirement income account from 21 November after the service transition period ends Find out more.

Take charge of your retirement by turning your super into a flexible and tax-efficient income

With a Flexible Income account, you’re in the driver’s seat. You decide how your retirement savings are invested and have control over how you receive income payments.

What are the benefits?

Flexible income payments – choose how much and how often you receive payments (within government-set limits), and access lump sum payments if you need them
Tax-free income payments – there’s no tax on your income payments once you reach age 60
Tax-free investment earnings – your super will continue to earn you tax-free investment earnings, helping to boost your account balance
Strong performance – our strong long-term investment performance allows you to maximise your income and manage volatility
The retirement bonus – you may be eligible to boost your retirement savings and
Online account management - manage your income easily through Member Online.

Who is eligible?

Anyone who's:

Between 60-65 who has retired or stopped working for an employer, or
65 or over (even if working).

If you’re between 60 and 65 but haven’t met the criteria, you might be able to start accessing some of your super with a Transition to retirement strategy.

Find out more in the Retirement Income PDS