Equip account based pension

Your income in retirement 

Equip's account based pension (ABP) provides regular income payments once you have fully retired.

An account-based pension can provide you with a regular, flexible and tax-effective income in retirement.

You can begin an ABP by transferring at least $25,000 into your pension account and nominating how much annual income you want to receive, and how frequently. The account will remain active as long as you have funds available.

An Equip ABP offers the following features 

•    Choose from 11 investment options
•    Nominate your own annual income 
•    Decide how often you’d like to receive an income 
•    Access and withdraw your money whenever you want 

Benefits of an ABP

•    You don't pay tax on investment earnings
•    You won't pay tax on pension payments from age 60
•    Any investment earnings are added to your account.

Opening your pension account

Opening an account based pension (ABP) with Equip is easy. Simply fill in and submit the following forms:

•    Application for a Pension form
•    TFN Declaration form (if you are under age 60)
•    Roll your super into Equip form (if rolling funds from another super fund into Equip).

Eligibility

To be eligible for an ABP, you must satisfy one of the following conditions 

•    You are aged 65 or older
•    You have reached your preservation age and retired 
•    You become permanently disabled 

You can download all the forms below. Once completed, attach your documentation and send to us at: Equip, GPO Box 4303, Melbourne VIC 3001.