ALLOCATED PENSION

LIVE THE RETIREMENT YOU DESERVE

When you reach age 65 – or retire any time after your preservation age – you can choose to take your super as a lump sum or you can manage it through a pension account. Mercer’s pension solution (we call it the Allocated Pension Division or APD) is designed to provide you with a regular, flexible and tax-effective income to fund your retirement.

HOW IT WORKS

• Mercer’s APD can help you manage your pension in retirement
• All you need is $10,000 in your super to open an account
• You’ll receive regular pension payments from your account; monthly, quarterly or annually
• At the same time you’re receiving your regular pension payments; your remaining balance is invested to help you boost your savings.
• Your investment earnings in this product are tax-free; which means more for you and not the ATO
• If you invest in ASX listed shares through our Mercer Direct option then any capital gains you realise will also be tax-free
• And, you won't pay tax on pension payments from age 60.

BENEFITS OF THE APD

• Manage your account online anytime, just log in.
  
• Choose from over 40 carefully selected investment options; the Mercer Direct option gives you access to term deposits and ASX shares
• Access to our dedicated Helpline to answer any questions you may have
• Update your beneficiaries to ensure your money goes to the right people when you pass away
  
• Get great advice to help ensure you enjoy the retirement you’ve worked hard for
• If you’re an existing customer, you’ll experience a seamless transition to our pension division.
  

THE LEGAL INFORMATION

• Financial Services Guide (FSG)
• Product Disclosure Statement (PDS)
  
• Investment Booklet
• Other Things You Should Know Booklet