VISION ALLOCATED PENSION

Retiring soon and want to make the most of your retirement savings? The Vision Allocated Pension is an easy, low-cost option to provide yourself a regular, tax-effective income over time. It is also generally much more tax effective than a bank account.

Tax benefits:

• No tax and no withdrawal fees on the money in your pension account.

• No tax on any investment returns in your pension account. This may increase the value and longevity of your pension.

• Maximise your eligibility for some Age Pension payments, as generally, Centrelink treats only part of the income received from an allocated pension as assessable income. Eligibility depends on individual circumstances.

Account features:

• $10,000 minimum establishment amount

• 0.35% account keeping fee. If your account balance is above $300,000, your fees are capped at a balance of $300,000.

• 0% joining fee, withdrawal fee, exit fee, investment switch fee, adviser fee, performance fees or commissions.

• Easy investment choice with a wide range of investment options.

• Personal financial advice at no extra cost.

• No loss of unused capital if you die. Unused capital will be paid to your nominated beneficiary (may be subject to the fund Trustee’s discretion).

Optional extra:

• The Vision SuperVantage Account provides your allocated pension with electronic transaction services and a linked visa debit card. A monthly fee of $5 applies to this additional feature.

Eligibility:

• You must have reached your preservation age and be retired, or retired through total and permanent disablity, or be age 65 to be eligible to start an allocated pension.

Get a retirement financial plan at no extra cost

Sit down with a Vision Super financial planner to discuss how to use your Vision Allocated Pension to maximise your retirement savings. There is no extra fee for our financial planning services, nor do we pay commissions or bonuses to anyone.

For more information or assistance, please call our friendly Member Services team on (03) 9911 3222 (regional callers 1300 300 820) or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .