Making investment choices 

Expand Pension provides access to a range of managed investments, listed investments and maturing investments. With so many investment options, you can construct a portfolio to help achieve your retirement goals.

Your investment strategy should be a reflection of your attitude to investing, the level of risk you are comfortable accepting and your investment timeframe.

What investment options can you choose?

You may choose from the following investment options:
• Approximately 450 externally managed investments from both large and boutique fund managers
• The majority of listed investments in the S&P All Ordinaries Index plus other listed investments approved by the Trustee from time to time.
• A selection of maturing investments.

Managed Portfolio Service

Managed Portfolio Service (MPS) is a managed discretionary account service. The service provides access to professionally managed models that are constructed, monitored and rebalanced in accordance with an investment strategy chosen with your adviser. MPS is only available through financial advisers from approved dealer groups.

Retirement phase pension
This is an account-based pension that is payable when you have met a condition of release and your super benefits are unrestricted non-preserved. Earnings on investments for Retirement phase pensions are tax free. The Government sets a limit on the amount of benefits that can be transferred into Retirement phase pensions. Retirement phase pensions are subject to a minimum annual pension payment and you can take cash lump sum withdrawals at any time.

Transition to retirement (TTR) pension
This is an account-based pension that is payable if you have reached your preservation age but you haven’t met a condition of release. Earnings on investments for TTR pensions are taxable at 15 per cent. TTR pensions are subject to minimum and maximum annual pension payments and cash lump sum withdrawals are severely restricted. When you meet a condition of release, your TTR pension will become a Retirement phase pension and will then be assessed under the transfer balance cap.

Death benefit pension or Reversionary pension
A reversionary pension is the transfer of an existing pension to a nominated reversionary beneficiary on death of the primary pensioner. A Death benefit pension is a new pension that commences with the transfer of death benefits from another super fund or from another account within the fund (including the commutation of a Reversionary pension or a Death benefit pension). As earnings on investments are tax-free, Death benefit pensions and Reversionary pensions are treated as Retirement phase pensions and assessed under the recipient’s transfer balance cap.