Important information regarding changes to Self Invest within the Transition to Retirement Income account

From 1 July 2017, the Self Invest option will no longer be available within the Transition to Retirement Income account. For more information please click here.

Self Invest Show all Hide all

  • $50,000 or more in an Accumulation or Income account
  • Registration with Member Online
  • A valid email address (so you can receive correspondence from us)
  • Provide us with your tax file number (if we don’t already have it)

There are ongoing balance requirements and investment limits – the Self Invest Guide has more information. 

$5,000 is the minimum amount for your first transfer into Self Invest.

If you’re after flexibility and control it’s a genuine alternative, with many of the same benefits, but less hassle.

With Self Invest you get:

  • control over how you invest your super – with access to term deposits, shares and ETFs
  • no set up costs
  • low ongoing fees.

We look after the administration, compliance and reporting obligations that you’d usually have to take care of yourself with an SMSF.

Managing your own investments gives you more control, but it also comes with risk – so Self Invest isn’t for everyone. Here are some of the risks to keep in mind:

  • Too little diversification – the risk of losses can be greater if you choose not to spread your investments over a number of different asset classes and sectors.
  • Share price volatility – if you’re investing in shares, there’s always a risk that prices will go down, and your super balance will suffer, at least in the short term.
  • Liquidity – if you need to access money quickly, you may be forced to dispose of your investments while the market is down.
  • Management risk – if you don’t have the time, resources or expertise to devote to your investment, you may not get the returns you’re after.

You should also keep in mind that super is a long-term investment. By trying to make short-term investment decisions, you may end up with a financial loss.

With access to the S&P/ASX 300, you’ll have access to the biggest companies in Australia, with real-time trading. 

An ETF is traded like a share (with daily price fluctuations), but structured like a managed fund. In essence, it lets you access Australian and international markets without the hassle of selecting the companies yourself, and allows you to invest in bonds and listed property. Plus, it generally has lower costs than a retail managed fund.

You’ll have access to a number of term deposits from some of Australia's biggest term deposit providers. Terms range from 30 to 365 days, and you can invest from $5,000 to $5 million, provided you meet ongoing balance requirements.

Self Invest is a cost effective way of managing your super. Find out more about Self Invest fees.

We believe the best decisions are supported by quality information. With Self Invest you’ll get access to:

  • Share prices – available in real time and 20-minute delayed quotes.
  • Data and commentary – covering Australian and international markets, local industries and companies.
  • Analysis and recommendations for Australian companies, provided by UBS Securities Australia Ltd and Thomson Reuters.
  • Watch lists, so you can keep an eye on the shares you're interested in.
  • Charting tools, to help you map market movements.
  • Market news.
  • Actions and alerts, with updates on corporate actions and dividend announcements.

Through Self Invest, you can transfer funds from your Accumulation account to an Income account, without the need to sell your portfolio or break your investments. You won’t incur capital gains tax and will save on transaction costs when you make the transfer, so you will have more money in retirement and less to worry about.

During the transfer process your access to Self Invest will be restricted, and then restored on the day the Income account is opened and your investments are transferred.

Some benefits of this type of transfer are:

  • there are no brokerage fees
  • term deposits are seamlessly transferred (you don’t have to wait until they mature)
  • because the investments are transferred, rather than sold, there’s no capital gains tax to pay.

Keep in mind that the process doesn’t work in reverse. In other words, if you need to transfer funds from an Income account to an Accumulation account, you’ll need to sell your assets and close the Self Invest option.