Australian Retirement Trust superannuation
Who can join Australian Retirement Trust?
All Australians can now join Australian Retirement Trust. As of 28 February 2022, all QSuper and Sunsuper members have become a part of Australian Retirement Trust.
Types of Australian Retirement Trust superannuation accounts
Super Savings is the main superannuation product available to Australian Retirement Trust members. Australian Retirement Trust says if you join as a member with this product, you will gain access to both an Accumulation account, to help you save money during your career, and an Income account for when you are transitioning to retirement or have retired.
According to Australian Retirement Trust, features of its Super Savings product include:
- a choice of 19 investment options on the Accumulation account
- automatic Death and/or Total & Permanent Disability Assist insurance cover for eligible members upon joining
- the ability to withdraw your money from the Accumulation account when you retire, or transfer it to the Income account and receive it from there in regular instalments
- no exit fees for partial lump sum withdrawals
- a retirement bonus of up to $9,500 (across all Australian Retirement Trust accounts you hold) when you open a Retirement Income account (subject to eligibility and conditions).
Different features and eligibility criteria may apply to members of Australian Retirement Trust with a QSuper account – see the QSuper PDS or other product documentation for further details.
How to join Australian Retirement Trust
Existing Sunsuper or QSuper accounts
If you were an existing member of Sunsuper on 28 February 2022 – either as your own preferred fund or because it was your employer’s default fund – then Australian Retirement Trust says your account would have been transferred to it on that date.
If you had a QSuper account, the QSuper website says you are now an Australian Retirement Trust member, but you won’t see any changes to your investments, insurance or most other account details. However, it also says you may see your administration fees reduce in future. QSuper is set to continue as its own brand under the Australian Retirement Trust umbrella.
New members
You may decide to join Australian Retirement Trust if it’s the default fund of your employer, or you may choose to join it as your own preferred super fund.
Either way, if you aren’t already a member of Australian Retirement Trust but are interested in joining, consider comparing your options with Canstar and checking out our choosing a super fund checklist. You can also read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) for an Australian Retirement Trust product to help decide whether it is suitable for your needs.
If you do decide to join Australian Retirement Trust, you can sign up by filling out a form on its website. Bear in mind that while Australian Retirement Trust is open to anyone to join, you can only join the QSuper part of the fund if you meet certain eligibility criteria.
Once you’ve joined, remember to tell your employer that you’ve done so. Your employer should give you a Superannuation Standard Choice Form to fill out, sign and return to them.
Australian Retirement Trust FAQs
This content was reviewed as part of our fact-checking process.
