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.
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:
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:
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:
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:
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.