Account-Based Pension

 In

A type of pension purchased with super money on retirement or in transition to retirement. You can choose the amount of pension you receive each year within limits set by law. Your super money is invested and progressively drawn down until the account balance runs out. Account-based pensions were previously known as allocated pensions.

Leave a Comment

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Start typing and press Enter to search