NON-COMMUTABLE ALLOCATED PENSION
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The Non-commutable allocated pension (NCAP) is designed to help older Australians transition to retirement by allowing them to access some of their superannuation without having to retire.
Tax benefits:
- No tax on any investment returns in your pension account. This may increase the value and longevity of your pension.
- Maximise your tax savings using transition to retirement - this includes paying less tax on income and less tax on super earnings.
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.
- Personal financial advice at no extra cost.
- No loss of unused capital if you die. Unused capital will be paid to your nominated beneficiary (subject to the fund Trustee’s discretion).
Eligibility
- You must have reached your preservation age to be eligible to apply for the Vision Non-commutable 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 Non-commutable 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 email us.
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