Retirement Income Covenant
As part of the legislated Retirement Income Covenant (RIC), superannuation trustees are required to develop a retirement income strategy to assist members who are retired or approaching retirement.
Superannuation trustees are required to disclose a summary of their strategies on 1 July 2022.
A summary of our strategy is now available on the trustee disclosure section of our website. There are no obligations for employers.
Trustees are required to develop strategies to assist members to achieve and balance the three core objectives of:
- maximising retirement income
- manage risks; and
- providing access to capital.
Any information provided to members is general in nature and should not be considered personal advice or a directive to members. For members with an adviser, it is recommended the member speak to their adviser before making any decisions.