Don’t forget to register for our upcoming annual member meeting. It’s taking place online Monday 29 November. Register today.
Take control of your retirement
Your super is your money, and we make it simple for you to manage
You can change your investment choice
Our diverse investment options are tailored for every stage of your life.
As you approach retirement, we offer a number of different investment options with varying degrees of risk. You’re free to change or switch your investment options as your needs and investment profile changes - you’re not locked in. We are here to help if you need more information about these options.
Log in to MyLife Online or download our change of investment form if you want to make a change.
Changing your pension payments
You have the freedom to choose how much income you receive from your retirement account. Each financial year, you set your income amount – but if necessary you can change this throughout the year. Your only obligation is to meet the minimum pension standards set by the government.
Log into MyLife Online or download and complete a request to change your pension payments.
Making a withdrawal
There are no restrictions on lump sum withdrawals from your retirement account and you can withdraw funds from your pension at any time. If you’re over 60, all withdrawals from your retirement pension are tax-free.
Login to MyLife Online to make a withdrawal, or download the request form below.
Managing your beneficiaries
Peace of mind includes knowing your pension money is going to who you want it to, should you pass away.
When you set up your account, you can nominate a beneficiary. MyLife MySuper will always try to identify and pay your super to the most appropriate family members. To make sure your money goes to who you want it to, you will need to have a valid beneficiary nomination in place. You can update this choice at any time.
There are 3 kinds of beneficiary
Binding beneficiary – valid for 3 years
As long as your nomination is valid, MyLife MySuper must give that person (or people) your funds when you pass away. To nominate a binding beneficiary, you will need to complete a form.Binding beneficiary form
Preferred (non-binding) beneficiary
Naming a preferred beneficiary can help MyLife MySuper decide who will receive your super, but it is non-binding. You can nominate a non-binding beneficiary by calling us on 1300 695 433.
Reversionary beneficiary – for pension accounts only
Your reversionary beneficiary will continue to receive your pension payments after you pass away – most often your spouse. You can only nominate a reversionary beneficiary when you set up your account and cannot change this once your pension starts.