Suncorp Brighter Super® Pension Account
Our Brighter Super online pension account provides a comprehensive investment choice with transparent fees.
Why choose a Brighter Super Pension Account?
Feel secure in the knowledge you can have control over your investment mix with transparent 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.
Strong long-term returns*
The Suncorp Multi-Manager Growth Fund investment option in Suncorp Brighter Pension^ delivered a return of 10.43% p.a. for the 5 years to 31/03/2022
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.
Family linking
Link your accounts with your family members and access administration fee discounts.†
Make sure you check returns for other periods, and consider other investment options, fees and insurance before you decide to join.
We’ve also included important information about our returns below.
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.
Paper option
Download & complete the rollover form and email it to us at super@suncorp.com.au.
MyGov instructions
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. The percentage administration and investment fees have been rounded to 2 decimal places.
* Past performance is not a reliable indicator of future performance. Ranking and investment performance based on SuperRatings’ SR50 Balanced (60 -76) Index ranking pension fund investment option performances over 5 years to 31 March 2022. Source: SuperRatings Pension Fund Crediting Rate Survey 31 March 2022 (SuperRatings Survey) which is not publicly available. Investment options compared in the SuperRatings Survey are diversified fund options with a growth assets ratio between 60% and 76%. SuperRatings ranks superannuation investment option performances over one month, one quarter, financial year to date and rolling 1, 3, 5, 7, 10, 15 and 20 years. Funds compared are not necessarily representative of Suncorp’s performance against the entire market. Investment performance is calculated as investment returns net of taxes, investment fees and implicit asset-based administration fees but excludes other fees or costs you may incur as a member, such as fixed dollar administration fees and switching fees. This has been done for comparative purposes with the SuperRatings indices. When calculating investment performance, withdrawal fee and any discretionary ongoing fees such as personal advice fees or other arrangements you may have in place with your advisor are not taken into account. SuperRatings’ data is sourced directly from participating superannuation funds, as well as through publicly available sources.
^ The Suncorp Multi-Manager Growth Fund is an investment option available in Suncorp Brighter Super Pension, which is issued by SPSL Limited ABN 61 063 427 958 AFSL 237905 RSE licence number L0002059 (the Trustee), trustee for the SPSL Master Trust ABN 98 350 952 022, RSE Fund Registration No. R1056655 (the Fund). The Trustee is wholly owned by LGIAsuper Trustee as trustee for LGIAsuper (LGIAsuper) and is not part of the Suncorp Group. The Trustee uses the ‘Suncorp’ brand under licence. Suncorp Super products are not bank deposits or bank liabilities and are subject to investment risk, including loss of the interest and principal invested. The obligations of the Trustee aren't guaranteed by any company within the Suncorp Group or the LGIAsuper Group, nor do either Group guarantee the performance of Suncorp Super products. It is a high growth/high risk investment option managed by Morningstar Investment Management Australia Limited ABN 54 071 808 501 (Morningstar) which is not part of the Suncorp Group or the LGIAsuper Group. The Growth Fund option has a high risk of negative annual returns over any 20-year period. The recommended minimum length of time to invest in the Fund is 10 years. Before making any decision to acquire or continue to hold Brighter Super, invest in or switch into any investment option including the Fund, please read the relevant Brighter Super Product Disclosure Statement and Product Guide for further details about investment options including applicable fees, and speak to a financial adviser.
† Family linking excludes any money invested in the Suncorp Cash Fund or the Suncorp Lifestage Fund.
