This unit is a mustdo if you want to learn the essentials. If qsuper and its insurer void the contract, we may reduce the amount you have been insured for. Qsuper product disclosure statement for accumulation and income. Qsuper, cfs and western seeking alpha in fixed income. Enter your username and well send you an email to reset your password. Our income account won money magazines best balanced pension product for 2020. Total return performance figures are calculated on an exit price to exit price basis with net income distributions. Qsuper accumulation account product disclosure statement pds. Investment switches apply to all accumulation account s or the specified income account.
An income account lets you use your super benefit to generate a taxeffective income in retirement. Overview brand management advertising ambassador program. Our pds and range of helpful guides contain everything you need to know about our accumulation and income accounts. Qsupers retirement income account, balanced option only. Qsuper accumulations pds product disclosure statement download. The qsuper lifetime outlook option outperformed the relevant superratings index over 1 and 5 years to 30 june 2019. Mysuper product dashboard this dashboard is designed to help you better understand the investment return, risks and fees for sunsupers mysuperapproved lifecycle investment strategy.
If you have a number of income streams or pension accounts not including transition to retirement income accounts, either at qsuper or across multiple super funds, you need to be aware that your combined account balances will all count towards this limit. Performance figures are shown in australian dollar aud. Watch your statements closely and expect the addition of unwanted charges, particularly income. Link has an estimated 10 million superannuation accounts on its platform. The email provided is associated with more than one qsuper account. Pay no transaction or switching fees and enjoy a range of different investment options. Join qsuper our members can feel better about their super today, knowing weve delivered low fees and consistently strong returns. Our income account won money magazines best balanced pension product. Detailed information about each account can be found in the relevant guide. Prepared and issued by the qsuper board abn 32 125 059 006, afsl 489650 as trustee for qsuper.
The asset allocation varies depending on your age and amount invested in lifetime. Qsuper income account offers good pension flexibility with members able to select from fortnightly through to annual payment frequencies. Qsuper lifetime is only available in the accumulation account. The usi for qsuper accumulation account is qsu0101au. A retirement income account might be right for you. Are you looking for the usi, spin, abn or address for the qsuper accumulation super fund. Accounting software for parishes pds ledger acs technologies. Most income streams are account based, which means you set up an account with your super fund, transfer some of your super into the account, and then your fund makes regular predetermined payments to you. Were queenslands largest super fund and one of the largest in australia. Accumulation account, transition to retirement option, and the qsuper income account. Qsuper defined benefit is required to provide a product. Retirement income to help fund the lifestyle you want in retirement. Qsuper grapples with retirement income in lowreturn world. Frequently asked questions qinvest financial advice.
You can also select the minimum income you can receive each year to see how long your benefit could potentially last. Chant west is a research, data insights and technology company, providing a suite of sophisticated software and data analytics to super funds, financial advisers and individuals, so they can compare super and pension products on an apples with apples basis. If you need a copy of the pds or associated guides, you can download them from our website, or give us a call and well send them to you. Whats more, the balance of your retirement income stream account. The awards are designed to help consumers make more informed investment decisions across asset categories including super, cash accounts, funds, and home loans. An account based pension or pension fund is another option to withdrawing super as a lump sum, when you retire or reach preservation age. It also includes relevant forms and references to the documents below which you should read with this pds. A ttr income account is an australiansuper account based pension that gives you the flexibility to receive payments from your super. You can pick any of 16 different investment options or make your own mix.
Qsuper s accumulation account is a lowfee mysuper authorised product which helps you to save for. You need to provide the phone number, for similar reasons you need to provide an address. Qsuper accumulation is required to provide a product disclosure statement to ensure that each customers. Make a withdrawal from an income account form pdf qsuper.
This pds is a summary of significant information and contains a number of references to important information each of which forms part of the pds. Important information about how superannuation works including income accounts. Qsuper defined benefit is required to provide a product disclosure statement to ensure that each customers understands how their superannuation works. Qsuper is an organisation that expands and adds junk insurance to your account directly against your specified wishes. Qsuper product disclosure statement for accumulation and income accounts 369kb, pdf the product disclosure statement is an introduction to the features of the accumulation and income accounts.
Qsuper defined benefits pds product disclosure statement. Whether you need an endtoend recruiting, human resources, benefits, and payroll solution, or a full range of other hr services, we build technology for you to match your specific needs in a personalized manner. The qsuper income account transfer bonus is made possible due to qsupers asset structure. Important things to know about choice income product disclosure statement combined financial services guide and product disclosure statement 25 september 2019 issued by australiansuper pty ltd abn 94 006 457 987 afsl 233788 trustee of australiansuper abn 65 714 394 898 usi sta0002au 2650 lonsdale st, melbourne vic 3000. Disclosedreported investment returns reflect the returns of the fund and not member returns of the investment options as they do not take into account the timing of contributions. The information on this website has been prepared for general purposes only without taking into account your financial objectives, situation, or needs, and should not be relied on as legal or taxation advice. Plum retirement income product disclosure statement. Qsuper accumulations pds product disclosure statement. By transferring money from your super to an account based pension like our choice income account, you can draw regular income payments taxfree, while your balance stays invested. The qsuper income account allows members a great deal of control and flexibility over how much income. User member online to request additional income payments or lump sum withdrawals from your income account.
Founded in 1931, were one of australias oldest superannuation funds. Any outof pocket payments can be made by visa, mastercard or eftpos. Please provide your date of birth to verify your account. Financial advisers financial planners qinvest gold coast. Important information about your super qsuper superannuation. Unless otherwise indicated, software downloads available via links from this. Fees are lower than the industry average across all account balances assessed.
When you have an accumulation account with your qsuper permanent disability cover, your insurance benefit is a specific value, based on the number of insurance units you have. The information on this website has been prepared for general purposes only without taking into account your financial objectives, situation, or needs, and should not be relied on as legal or taxation advice, nor does it take the place of such advice, so it may not be appropriate for your circumstances. Product disclosure statements pds qsuper superannuation fund. Super number is here for all your super number needs. If you have more than one income account with us, please. If you are considering opening a retirement income. The information in this pds and the guides is general information only and doesnt take into account. Actuals keep track of up to eight years of cashbasis or accrualbasis account. You can only restart an income account once in a financial year. Jul 28, 2016 qsuper, cfs and western seeking alpha in fixed income amanda white july 28, 2016 investors are making their fixed income portfolios work harder and are seeking alpha from managers, a panel told the conexus financial fixed income, cash and currency forum.
If you have more than one income account you need to complete an investment switch for each account. Find out exactly what is and isnt covered with this superannuation income cover. Restart an income account with more money pdf qsuper. For the 201920 financial year, the transfer balance cap. Product disclosure statements the information contained in this list is general information only and does not take into account your personal objectives, financial situation andor needs. Discover how weve helped more than 585,000 members. Income account qsuper product disclosure statement for accumulation and income accounts 369kb, pdf the product disclosure statement is an introduction to the features of the accumulation and income accounts. The abn for the qsuper accumulation account product is 60905115063. Get started on the road to understanding your super and planning for a financially secure retirement. It provides a summary of significant information and contains a number of references to important information each of which forms part of the pds. That one of the cornerstones of a successful project is a proven implementation methodology.
Qinvest has expert financial advisers located in our gold coast office to help you take control of your financial future. Qsuper accumulation is required to provide a product. If you are having problems using our site, we recommend you upgrade to one of our supported web browsers. A retirement income account is a tax efficient way to receive regular payments from your superannuation savings. Your ttr income account and super account will work together while youre still working, to help you transition to retirement, by topping up your salary using income. When we talk about queensland government employers in this guide, we. Qsuper and sunsuper confirmed on monday they were in preliminary, nonbinding talks about a possible merger that they say may be better for members the merger could see the new. Qsuper to offer bonus for choosing pension over lump sum. There is a limit on the total amount of superannuation you can transfer to a retirement income account without paying additional tax. Winner of the 2020 pension of the year award, qsuper income account was established in 1995 to provide for the retirement needs of members employed within the queensland government and related entity employees.
The cost of managing your account is split into administration fees. With a sunsuper retirement income account, retirement is the new promotion. Pds is obsessed with caring for your human capital management needs on a granular level. Sunsuper for lifes income account provides members with a good level of flexibility, with the ability to choose from multiple payment frequencies, ranging from fortnightly to annually. A summary of the important information you need about your sunsuper account, including insurance and fees. To change a payment preference that was not submitted with a switch to an investment mix, a separate switch request needs to be submitted.
Without a phone number, your employer would be unable to contact your chosen superfund. The return is a compound annualised return reflected after administration fees, investment fees and tax. You still have the flexibility to withdraw a lump sum when needed. This would be worked out using a formula that takes into account the premium that would have been. The information on this website has been prepared for general purposes only without taking into account your financial objectives, situation, or needs, and. Pdf deferred retirement benefit guide qsuper queensland. The fund does not charge an investment switching fee or a buysell spread. Superannuation may sound complex but it is really just the money you put away for your retirement. With pds ledger, its simple to keep track of your churchs accounting records. To make an appointment with michael, tara or tim call 1800 643 893 or contact us at any time via our online enquiry form. A portion of the advice fees where it relates to your qsuper benefit can be deducted from your qsuper accumulation or income account 1. General information record basic account information and assign types to each account, such as asset, liability, income, or expense.
Were also proud to be a profit to member fund, specialising in superannuation and accountbased pensions. Use this dashboard to compare this option with other mysuper products. Income account payment calculator qsuper superannuation fund. This is the product disclosure statement pds for ngs super accumulation, transition to retirement and income accounts. Qsuper will be unable to accept any personal contributions to your qsuper account which in turn may mean you will miss out on any applicable commonwealth government contributions even if youre otherwise eligible to receive such contributions and. Sunsuper for life pds and membership application form. Actuals keep track of up to eight years of cashbasis or accrualbasis account balances. If you dont already have this software you can download it for free from adobe. Better working hours you can choose your own salary while your savings keep building. Retirement income account super income stream qsuper.
The phone number for qsuper for the qsuper defined benefit account product is 0 360 750. Qsuper is a lifetime account that readjusts your investment mix as you get older. The information provided in this pds is general information only and does not take into account. By transferring money from your super to an account based pension like our choice income account, you can draw regular income. At pds, we over 40 years of experience implementing hcm products. Qsuper has launched an income stream product designed for members in the retirement phase. Accumulation and income account application forms enclosed. Before you make an investment decision it is recommended you obtain professional financial advice from your financial adviser tailored to your personal circumstances. Qsupers antimoney laundering and counterterrorism program, we require identification details with any claim you. For more information on what these details describe, please scroll down for a more detailed description. Total return performance figures are calculated on an exit price to exit price basis with net income distributions reinvested.
651 460 684 575 1035 117 321 49 608 378 718 641 1068 1074 1149 1575 154 851 1109 1454 1243 597 924 733 14 401 1218 1235 1558 973 407 158 101 835 290 68 771 1361 1289 618 1443 924 993 921 200 1168 336 125