Suncorp Brighter Super® Pension Account
Our Brighter Super online pension account provides a comprehensive investment choice with competitive fees.
Why choose a Brighter Super Pension Account?
Feel secure in the knowledge you can have control over your investment mix with competitive fees and flexible payment options. You can choose to withdraw your super as a lump sum or as ongoing pension payments. Plus, you can keep up to date with your account and track its performance online.
Whether you are ready to retire and receive regular income payments through your pension account, or you want to supplement your income while you ease into retirement using a Transition to retirement strategy, a Brighter Super Pension account may be right for you.
$0 fees or commission
No minimum balance. No investment switching fees or commissions.
Flexible investment options
Choose to let us do all the work with our diversified multi-manager Suncorp Lifestage Fund, or choose your own investment mix from a comprehensive investment menu and build a more tailored portfolio.
Lifetime annuities
Choose to receive regular payments for the rest of your life.
How are Brighter Super pension funds performing?
Suncorp Brighter Super has been a strong investment performer across each lifestage segment. With Brighter Super, you have control over how your super is invested and your financial choices will have a bearing on the long-term performance outcomes of your fund.
With Brighter Super, you’ve got two broad choices.
You can:
- Choose your own investment mix
If you’d rather build your own Brighter Super investment portfolio (perhaps with your financial adviser’s help), then you can choose from our broad range of diversified and single-sector options. They bring together the skills of our investment partner Morningstar and expertise from a variety of other high quality Australian and overseas investment managers.
As well as the Suncorp Lifestage Fund (where the investment mix is automatically tailored to your age range and risk profile), you can choose from a number of diversified conservative investment options as well as the Suncorp Cash Fund.
- Keep things simple and let us do the work
If you’d rather we did the work for you, we will firstly allocate you a diversified investment mix based on you age, so you’re not putting all your eggs in one basket. Then we automatically change your investment mix over time to suit your changing needs and risk appetite. When you're younger we'll put more of your money in growth investments like shares and property, and as you get older we'll put more of your money in income investments better suited to more risk-averse investors with shorter time horizons.
Before you consolidate your super, you should check with your other super funds about any exit fees or loss of insurance or other benefits. If you’re unsure that consolidating your super is the right thing for you, speak to a financial adviser.
MyGov instructions
This is the easiest and quickest way to move all of your super into one account.
Step1: Create a MyGov account, then link the ATO to your account. If you already have a MyGov account, just log in and click through to the ATO Section.
Step2: Go to the ‘Super’ tab.
Step3: Choose the fund you want to transfer your money from (called the ‘transferring fund’), and then fund you want to transfer your money to (called the ‘receiving fund’) from the funds listed.
Step4: Confirm your selection and your funds should move your accounts into one Account within three days.
Ready to become a member?
Our friendly team of consultants are here to help.
Things you should know
1 We receive a tax deduction for expenses related to administration and investment fees for Transition to retirement members. As a result, the actual administration and investment fees Transition to retirement members pay in Brighter Super will be reduced by up to 15%.
2 The percentage administration and investment fees have been rounded to 2 decimal places.
