Choice, flexibility and control

Taking charge of your super with Choice Income helps you control how long your savings will last in retirement.

Why Choice Income

Get the benefits of an award-winning1 account based pension – Choice Income – with Australia’s most trusted fund2.

Here’s a quick summary of how Choice Income can help you make the most of your savings in retirement:

  • Stay invested and you could keep earning returns in retirement. Plus you can choose how your money is invested – or leave it up to the experts.
  • Enjoy a regular income just like the pay you’re used to.
  • Control how much you’re paid, and how often money is put into your account whether that’s fortnightly, monthly, or yearly3.
  • Tax-free income payments and investment returns from age 60.

You can also use the income paid from your Choice Income account to top up any Government Age Pension payments you may be eligible for.

How Choice Income works

Your Choice Income account starts when you transfer your super over, and your payment and investment options are set up.

Positive investment returns add to your balance; your income payments, fees and any negative returns reduce it.

Helping your super go even further

Staying invested with AustralianSuper in retirement could help your super savings last longer.

The chart below shows the Choice Income member returns over 10 years to 31 March 2023 for the Balanced and Cash investment options. As you can see, the Balanced option has delivered members a higher return than the Cash option, despite times of market volatility such as the global financial crisis in 2008 and the pandemic downturn.

The chart shows the growth of a $50,000 balance in AustralianSuper’s Balanced for Choice Income investment option compared with the Cash investment option, over a 10-year period from 31 March 20234. This example does not include mandatory pension drawdowns.

  • Balanced option: A members’ balance would have grown by $74,598, totalling $124,598 in March 2023.
  • Cash option: A member’s balance would have grown by just $10,897, totalling $60,897 in March 2023.

See how Choice Income compares

AustralianSuper’s history of strong, long-term performance means we're one of the top 2 performing funds over 10 years. Our Choice Income Balanced option delivered an average return of 9.56% over 10 years to 31 March 20235.

Australia’s most trusted super fund, 11 years running2 and winner of the Canstar Outstanding Value Award for account based pension1.

Opening your Choice Income account

Ready. Set. Open. 10 minutes is all it takes to open your account.

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