Account based pension - new pension | pack

Price: $220 SUPERCentral deed   $330 non-SUPERCentral deed
per pension per member

This fixed price service includes legal review and tailoring of documentation if required and contains all of the documentation required to commence a new account based pension.   It is suitable for use by both individual and corporate trustees.

Account-based pensions are a popular retirement income stream offered through Self Managed Superannuation Funds.

This type of pension allows individuals to convert their accumulated superannuation savings into a flexible income stream during retirement. Income payments are drawn from the account balance, with the flexibility to adjust the payment amount subject to the minimum payment requirement.

Account-based pensions also offer potential investment growth while also providing regular income, making them an attractive option for retirees who want control over their finances.

Importantly, the earnings on investments within an account-based pension are tax-free, making them a tax-effective retirement strategy. For those under age 65 and still working, a Transition to Retirement (TTR) Pension may also be a relevant.

This comprehensive pension pack includes legal review of instructions, precedent tailoring as required and all of the documents required to commence an account-based pension:

• Letter of advice
• Account pension application form
• Written resolutions
• Pension agreement
• Pension PDS

Please note:  the online order form provides a completed set of populated documents to commence a single pension for a member.   If you would like to make an order for a second pension for the same member  please submit another set of instructions.

For assistance please call the SUPERCentral Help Desk on 02 8296 6266 or make an enquiry.