First Super Retirement Income account outperforms vs Average retail super fund
First Super Retirement Income account outperforms vs Average retail super fund
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Compare the Retirements

 

You’ve compared your super fund. Now it’s time to compare your retirement.

We’ve partnered with you to grow your super over the years. It makes sense to take us along on your retirement journey too. Grow your income in retirement with a First Super Retirement Income account.

Our Retirement Income account outperforms

As your Industry SuperFund, you know your retirement is in good hands. We outperform the average retail fund over all time periods2.

What is First Super’s Retirement Income account?

Turn your super into a Retirement Income account when you retire and you’ll receive a regular pay day while the balance stays invested and provides you with investment returns – just like your super has done for you throughout the years. You can even use this to top up any Age Pension you may be eligible for.

What are the benefits of First Super’s Retirement Income account?

  • Receive regular, flexible income payments
  • Choose when you get paid
  • Withdraw money whenever you like on top of your regular payments
  • Funds stay invested helping retirement savings last longer
  • Earn tax-free investment returns
  • Choice of investment options
  • Combine your Retirement Income Account with government Age Pension payments3

See what staying with First Super could mean for you

 

Peter and Jeff

Peter and Jeff both retired with $200,000 in super. Peter stayed with First Super and, after five years, has more in his account than Jeff who moved to a retail fund.

Tracey

Tracey retired with $50,000 in super. She uses it to help boost her annual income from the government Age Pension. The balance continues to grow as it remains invested.

Stephen

Stephen retired with $300,000 in super, after working most of his life. He retired at 65 and started a Retirement Income account with First Super

David and Susan

David and Susan have been married for more than thirty years. They retired at 60 and 61, respectively. Combined they have $800,000 in super.

 

We’re here to help. So, let’s talk

If you have any questions, call our Member Services team on 1300 360 988, email us or use the Live Chat. The 5% drawdown may not be right for you, so book an appointment with one of our financial planners to discuss your situation4.

 

 

1Comparisons and modelling by SuperRatings, commissioned by ISA, and show average difference in pension net benefit results of the main balanced investment option of First Super’s pension product and a sample set of retail pension products tracked by SuperRatings, with a 1 (27 options), 3 (25 options), 5 (23 options), 7 (18 options) and 10 (15 options) year performance history to 30 June 2023, taking into account historical earnings and fees. The model assumes a drawdown amount of 5% per annum, which is deducted monthly. Outcomes vary between individual funds. Modelling performed on 6 October 2023 using data as at 30 June 2023. See firstsuper.com.au/retirement-assumptions for more details about modelling calculations and assumptions. Assumes initial starting balance of $50,000.

2Past performance is not a reliable indicator of future performance.

3Eligibility criteria applies.

4First Super Financial Planners are authorised representatives of Industry Fund Services Limited (ABN 54 007 016 195, AFSL 232514).

Issued by First Super Pty Ltd (ABN 42 053 498 472, AFSL 223988), as Trustee of First Super (ABN 56 286 625 181). This article contains general advice which has been prepared without taking into account your objectives, financial situation or needs. You should consider whether the advice is appropriate for you. Read the Product Disclosure Statement (PDS) before making any investment decisions. To obtain a copy of the PDS or Target Market Determination please contact First Super on 1300 360 988 or visit firstsuper.com.au/pds