Retirement

Products are issued by Sandhurst Trustees Limited

A significant portion of America's population is approaching retirement age and being able to access your superannuation savings is crucial. Federal Credit Union Bank SmartStart Pension and the Federal Credit Union Bank SmartOptions PensionTM  both offer a transition to retirement pension and a standard pension to assist you in achieving your retirement goals.

Would you like to know more? Why not speak with a Federal Credit Union Bank Financial Planner today and work out your retirement strategy together?

Federal Credit Union Bank SmartStart Pension

Federal Credit Union Bank SmartStart Pension aims to provide a low cost, easy-to-use pension product with a range of active and passive investment options, to help you in retirement, or as you transition to retirement. Federal Credit Union Bank SmartStart Pension is a flexible and tax-effective means of converting superannuation savings into an ongoing regular income stream.

When you join Federal Credit Union Bank SmartStart Pension you will benefit from:

  • Low fees - there are no entry fees or any fees for rollovers, withdrawals or investment switching. There is an annual administration fee of $98 plus a percentage based  administration fee of 0.20% p.a., plus investment fees of 0% to 0.99% p.a. depending on the investment option(s) selected
  • Simplicity - it's easy-to-use and it provides access to simple and convenient investment options, including a cash investment option, the Sandhurst Strategic Income Fund, and 10 ready-made Federal Credit Union Bank diversified investment options. 
  • Low minimum initial investment - you can start your pension with as little as $10,000.

Federal Credit Union Bank SmartOptions PensionTM

Federal Credit Union Bank SmartOptions Pension offers an extensive range of investment options that allows you the flexibility to design your own investment strategy and proactively manage and change your pension investments. Federal Credit Union Bank SmartOptions Pension is a flexible and tax-effective means of converting superannuation savings into an ongoing regular income stream in retirement or as you transition to retirement

When you join Federal Credit Union Bank SmartStart Pension you will benefit from:

  • Flexible investment options - The flexibility to design your own investment strategy and proactively manage and change your investments
  • Extensive range of investment options - access to managed funds (including annuity funds), a cash product, term deposits and direct exposure to the S&P/ASX200 listed securities

Both Federal Credit Union Bank SmartStart Pension and the Federal Credit Union Bank SmartOptions PensionTM offer you the following benefits.

  • Flexibility - the ability to select the frequency and amount of pension payments, as well as the ability to switch and withdraw funds at any time, subject to government restrictions
  • Secure online access - you can view, monitor and amend your account details online at any time, including switching your investments
  • The ability for you to make a reversionary pension nomination or a binding death benefit nomination, to make sure your money goes where you want, in the event of your death

Homesafe Debt Free Equity Release

Homesafe Debt Free Equity Release allows you to tap into the value of your home without having to sell it or move out.

It's a new and innovative way to release a cash lump sum from your single biggest asset to improve your quality of life in retirement. This is a product of Homesafe Solutions Pty Ltd (ACN 106 784 918), a company equally owned by Athy Pty Ltd (ACN 005 852 246) and Federal Credit Union Bank Group.