Get App
Latest in undefined
Who can join Australian Retirement Trust?
All Australians can now join Australian Retirement Trust, and as of 28 February 2022 all QSuper and Sunsuper members have become Australian Retirement Trust members. But while the QSuper brand will continue to exist as part of the new fund, this is not the case for Sunsuper – all former Sunsuper members are now simply members of Australian Retirement Trust.
Types of Australian Retirement Trust superannuation accounts
Super Savings is the main superannuation product available to Australian Retirement Trust members, including former Sunsuper members who were previously on the ‘Sunsuper for life’ product.
Australian Retirement Trust says this product offers 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 $5,100 when you open a Retirement Income account (subject to eligibility and conditions).
How to join Australian Retirement Trust
Existing Sunsuper members
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. You won’t need to do anything to join Australian Retirement Trust, but you can contact the fund or view the list of FAQs on its website if you have any questions about the merger or your super account.
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.
Before committing to a particular fund, 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. Once you’ve done so, remember to tell your employer that you’ve joined the fund. 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.