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Choose a CSC retirement solution

We focus on helping you optimise your financial wellbeing across all our retirement solutions.

It's your choice

No matter what kind of investor you are or where you are on your retirement journey, our retirement solutions are designed to give you flexibility. Choose from:

  • CSCri Standard retirement income stream: for confident, hands-on investors.
  • CSC Retirement Profiles: for investors who’d like a tailored solution but are unlikely to seek financial advice.
  • CSCri Transition to retirement income stream: for those from age 60 and under 65 who’d like to access some super while they’re still working.
CSCri and CSC Retirement Profiles are not currently available to ADF customers. CSC is working with relevant Australian Government departments to enable CSC to offer an account-based pension product such as CSCri to our ADF customers where possible. For more information read our CSC retirement income strategy.

This account-based pension gives you regular, tax-effective retirement income stream payments, earnings from investment returns and access to your retirement money to suit your changing needs.

A CSCri Standard retirement income stream:

  • provides a regular income stream with access to lump sum withdrawals when you need it

  • keeps your money invested, and allows you to choose, monitor and change your investment options

  • may give you tax savings—earnings on investment returns are tax fee—and if you’re 60 or older, income stream payments and lump sum withdrawals are tax-free.

Who’s it for?

If you’re confident at managing your account and you like making your own investment and retirement income choices, this product may be for you.

Who can apply?

You can apply if:

  • you’ve reached age 60 and permanently retired; or
  • you’ve ceased at least one gainful employment arrangement after turning 60; or
  • you’re 65 or older, whether working or not; or
  • you're permanently incapacitated.

Forecast your numbers or apply

Try it out. Enter your numbers to forecast how well CSCri Standard may suit you.

Model CSCri Standard Apply for CSCri Standard

Through customer research, we’ve designed eight retirement profiles that are based on common characteristics of our customers—like account balances, income needs, spending and saving needs, and the cost of living.

  • Each CSC Retirement Profile prioritises a key retirement income objective and balances the remaining objectives with a specific profile-based retirement scenario in mind—like a customer’s need to withdraw lump sums early or to have a steady income over time.

  • Three of the profiles that prioritise the ‘income stability’ objective include a Challenger lifetime annuity. Annuities can be a great way to manage the risk of outliving retirement income by providing guaranteed monthly income payments for life, in exchange for an initial lump sum investment from super. Annuity payments are additional to regular payments from a retirement income stream account. 

  • Who is it for?

    If you’re unlikely to seek financial advice about using your super in retirement, selecting a CSC retirement profile allows you to explore tailored retirement solutions that could align with your finances and personal goals.

    Who can apply?

    You can apply if:

    • you’ve reached age 60 and permanently retired; or
    • you’ve ceased at least one gainful employment arrangement after turning 60; or
    • you’re 65 or older, whether working or not.

    Explore CSC Retirement Profiles

    Explore our CSC Retirement Profiles to see if there’s a match for you. If you find one that feels ‘like you’, forecast your numbers in the PSSap Retirement Modeller to project how the solution works over the long term.

    Explore CSC Retirement Profiles

This account-based pension gives you regular, tax-effective retirement income stream payments and earnings from investment returns while you’re still working.

Customers may use this type of account in the lead up to retirement to reduce their work hours without dropping their income, or to maintain hours and contribute more to super.

CSCri Transition to retirement income stream allows you to:

  • keep your super balance invested in PSSap while you access some of your super savings through an account-based pension (up to 10% of your super balance invested in the CSCri account per year).

  • reduce your working hours and pay more into PSSap as before-tax (salary sacrifice) contributions, and top up the pay you miss out on with regular payments from your income stream account

  • keep getting super contributions from your employer because you’re still working

  • get tax-free income stream payments. (You can access 10% of your transition to retirement super balance per year.)

Who’s it for?

If you’re working and interested in tax savings or topping up your income, and you’d like an income stream from super for more flexibility and choice before you retire, a CSCri Transition to retirement income stream may suit you.

Who can apply?

If you’ve reached age 60 and you’re under 65 and still working, you can apply.

Find out more

For more information about this strategy, visit Moneysmart Transition to retirement and our CSCri PDS

Apply for CSCri Transition to retirement

Explore our Retirement guides and workbook

Our downloadable Retirement guides and workbook consider your retirement planning concerns and challenges. Learn more

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