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Let your super work as hard as you have
ANZ Smart Choice Pension is an easy way to go about your retirement. Receive a regular pension payment that works for you, while enjoying the simplicity of online management alongside your ANZ bank accounts. It offers investment choice between a Lifestage option (automatic adjustment of assets as you get older) or choose from our range of carefully selected multi-asset and single-asset investment options. Additionally, it offers Death only insurance in pension.
Banking and super in one place
Manage your pension and banking together online.
Smart investments
Our investment experts select a mix of investments which adjust based on your agedisclaimer – so the hard work is already done.
Insurance cover
You can have peace of mind with cover to help look after those who depend on you after you're gone. Choose from either Lifestage cover (where the amount of cover adjusts based on your age) or the ability to select a cover amount.
Take control of your retirement
It's easier to keep an eye on things when they're all together in the one place.
With ANZ Smart Choice Pension, you can manage both your pension and your everyday banking online in a way that suits you. You can check your balance, transactions and see your investment performance at a glance.
Enjoy easy access via your computer with ANZ Internet Banking and on your smartphone or tablet with the ANZ App (not available on ANZ Plus).
Is ANZ Smart Choice Pension for me?
ANZ Smart Choice Pension is suitable for clients who have met a relevant condition of release and want to draw an income from their pension account.
Not suitable for clients who:
- Have not satisfied a relevant condition of release
- Have no access to a computer or the internet
- Are looking for a Transition to Retirement pension
- Are looking to trade and hold equities (such as shares) directly
- Want the option to hold Income Protection or Total & Permanent Disablement cover through their pension account
You might be retiring but your money isn't
Even when you're retired, you still need your money to be working for you.
ANZ Smart Choice Pension gives you carefully selected investment options that offer the flexibility to invest how you want.
Choose your own investment mix by constructing your own portfolio from a range of multi-asset and single-asset investment options or opt for the Lifestage investment option, which automatically selects and adjusts your investment mix based on your age.disclaimer
Use our investment tool to see which investment may work for you. Select either 'Invest in your Lifestage option' tab or 'Choose your own investment mix' tab to get started.
Get the most from your pension
Understand how a pension account works to get more from your retirement:
- Your income payment is tax-free, if you're 60 or over
- Investment earnings are tax-free
- You must withdraw a minimum amount each year, depending on your age
- You can generally choose the frequency of your regular income payments
- You can take out a lump sum at any time and withdraw your full balance whenever you want
- You may still be eligible for a government age pension, depending on your assets and income
Insurance in Pension
ANZ Smart Choice Pension offers peace of mind with Death only cover to help look after those who depend on you after you're gone. You can choose your own level of cover or choose the convenience of Lifestage cover based on your age, which automatically increases when you're likely to have greater commitments and lowers when you're likely to have less.
When you join or apply for cover you must bedisclaimer
- Aged 15 or over and under 70 for Death cover
- An Australian Resident or Visa holder
- Residing in Australia
Other conditions or benefit exclusions may apply.disclaimer
Simple supported set-up
After you initially complete an online application form, our concierge service will guide you through the set-up process.
We'll get you started by helping you combine your super accounts into one, make the move to a pension structure and establish an income stream.
Flexible payment options
Choose how much you want to receive, and how often (subject to minimum payments required by law).
Have your pension paid monthly, quarterly, half-yearly or annually to your nominated ANZ bank account. And for extra flexibility, you can also make one-off withdrawals from your account.
Trustee and Fund information
ANZ Smart Choice Super and Pension is provided by OnePath Custodians Pty Limited.
Your super is your independence. Get on top of it today.
Open an account online
It takes ten minutes to apply online for ANZ Smart Choice Pension.
Manage my account
Log in to check your balance and transactions, adjust your investment mix and more.
Talk to us
If you have any questions our customer service team is here to help.
Mon-Fri 8:30am to 6:30pm (Sydney/Melbourne time)
Use the ANZ App
Open an account, consolidate and track your super in the ANZ App (on iOS only, not available on ANZ Plus).
Learn more about superannuation
Performance and updates
Super performance
Information on how ANZ Smart Choice Super and ANZ Smart Choice Pension are performing.
Important information
Stay informed of important changes that may impact your ANZ Smart Choice Pension account.
“ANZ Smart Choice Super” is a suite of products consisting of ANZ Smart Choice Super and Pension (PDF), ANZ Smart Choice Super for employers and their employees (PDF) and ANZ Smart Choice Super for QBE Management Services Pty Ltd and their employees (PDF). OnePath Custodians Pty Limited (ABN 12 008 508 496, AFSL 238346 RSE L0000673) (OPC) is the issuer of the ANZ Smart Choice Super suite of products. OPC is the trustee of the Retirement Portfolio Service (ABN 61 808 189 263, RSE R1000986) (RPS) and the ANZ Smart Choice Super suite of products are part of the RPS. You should consider obtaining financial advice before making any decisions based on the information. You should obtain a Product Disclosure Statement (PDS) relating to the relevant financial product and consider it before making any decision about whether to acquire or continue to hold the product. Target Market Determinations (TMDs) where required for relevant products have to be available for consideration by distributors/members. A copy of the PDS and TMD (where relevant) is available via the links above, and upon request by phoning 13 12 87 or by searching for the applicable product at www.anz.com.au/smartchoicesuper. The ANZ Smart Choice Super and Pension product is distributed by ANZ. We recommend that you read the ANZ Financial Services Guide (PDF), before deciding whether to acquire or continue to hold this product. View the ANZ Smart Choice Super and Pension Target Market Determination (PDF). ANZ Smart Choice Super for employers and their employees and ANZ Smart Choice Super for QBE Management Services Pty Ltd and their employees are MySuper compliant products issued pursuant to the latest PDS available at www.anz.com.au/smartchoicesuper. OPC is part of the Insignia Financial group of companies, comprising Insignia Financial Ltd ABN 49 100 103 722 and its related bodies corporate (Insignia Financial Group). The ANZ brand is a trademark of ANZ and is used by OPC under licence from ANZ. ANZ and the Insignia Financial group of companies (including OPC) are not related bodies corporate. ANZ does not stand behind or guarantee these products.
Before re-directing your super or moving your money into ANZ Smart Choice Super, you will need to consider whether there are any adverse consequences for you, including loss of benefits (e.g. insurance cover), investment options and performance, functionality, increase in investment risks and where your future employer contributions will be paid.
This information is of a general nature and has been prepared without taking account of your personal needs, financial situation or objectives. Before acting on this information, you should consider whether the information is appropriate for you having regard to your personal needs, financial circumstances or objectives.
All fees are subject to change. Other key features are relevant when choosing a super fund, including performance. Past performance is not indicative of future performance.
Taxation law is complex and this information has been prepared as a guide only and does not represent taxation advice. Please see your tax adviser for independent taxation advice. The information on insurance cover is a summary only of the terms and conditions applying to the insurance cover. To the extent there is any inconsistency with the terms of the insurance cover provided by the insurer, the terms of the insurance policy will prevail.
ANZ does not represent or guarantee that access to ANZ Internet Banking or the ANZ App will be uninterrupted. Temporary service disruptions may occur. ANZ recommends that you read the ANZ App Terms and Conditions available here for iOS (PDF) and here for Android (PDF) and consider if this service is appropriate to you prior to making a decision to acquire or use the ANZ App.
The ANZ App is provided by ANZ. Super and Insurance (if available) are not provided by ANZ but entities which are not banks. ANZ does not guarantee them. ANZ recommends that you read the ANZ App Terms and Conditions available at anz.com and consider if this service is appropriate to you prior to making a decision to acquire or use the ANZ App.
Apple, the Apple logo, iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.
Apple Pay and Touch ID are trademarks of Apple Inc.
Apple, the Apple logo and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay and Touch ID are trademarks of Apple Inc.
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The investment mix is selected based on the member’s decade of birth.
ReturnCover ceases when the member reaches age 75 for Death insurance.
ReturnOther conditions and benefit exclusions may apply as disclosed in the ANZ Smart Choice Super and Pension Additional Information Guide (PDF 1MB).
Return