What is an Allocated Pension?

Allocated pensions are investments that use your superannuation savings to provide a flexible regular income in your retirement. You invest a lump sum in an account that accumulates investment earnings, then draw down regular income payments within Government guidelines. By varying your income level yearly you can choose an income level to match your lifestyle.

Summary of benefits

• You can choose a portfolio best suited to your needs, selecting from shares/equity, property, fixed interest and other asset portfolios. Note: Your choice requires careful consideration and should be taken with the advice of a financial adviser. (Fill in our online Contact a Financial Adviser form to arrange an appointment, if you like.)
• Access to your capital at any time.
• You can alter your income level each year within Government set limits.
• You can switch your investment portfolios.
• Tax benefits