Five things about: early access to superannuation

We asked our customers to send through any questions they have about their super, or the super industry generally. We had a huge response! We’ll be publishing a series of short articles to help answer all of these questions.

18 Jun 2020

  1. We're here to answer your questions

    If you want to find out more about early access, you can book a 15 minute chat with one of our super specialists. Find out how

  2. There are other ways to get support.

    If you have lost your job due to COVID-19 or found yourself in financial hardship, accessing your super early may not be your only option. Find out more in our financial hardship support pack

  3. New eligibility rules for early release of super.

    There are a number of factors that determine whether you’re able to access funds from your super under the new government initiative. The government has set eligibility requirements for early release, and some of our schemes have additional eligibility rules of their own. Find out more

  4. Think about the long term impacts on your retirement savings.

    Super is designed to help fund your lifestyle when you when you retire, and there are significant implications for customers who access their super early. Withdrawing amounts now may impact the compound interest applied to your account for many years. If you are in a defined benefit scheme, you may forego your pension options. We encourage you to consider your options carefully before applying for early release. You can use our retirement modeler or the i-estimator in your online services account to project how long your super might last in retirement.

  5. Can you outsmart a scammer?

    We want to make sure you and your super account are secure, and that includes making sure you’re aware of super scams and fraud. We’ve gathered some red flags for you to keep an eye on. Find out more.

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