Learning Hub

A defined benefit fund is a super fund where the benefits are calculated by a predetermined formula.

A few dollars today can mean a lot more when you’re ready to take that holiday you’ve dreamed of in retirement.

According to statistics, many women face a daunting retirement — leaving work with 32% less super than men.

To help you save for your retirement, the Federal Government provides a range of tax concessions.

There may be times in your life when you move to part-time work, whether it’s to slow down, live a little, or care for someone – a child or a parent. It’s a big decision for various reasons.

Sometimes life throws us exciting opportunities that are hard to turn down, like an internal transfer overseas or further study. If you decide to take leave without pay, the arrangements with your super may change.

A 2015 study from the Australian Psychological Society found financial issues were the leading cause of stress for one in two Australians over five years of surveys.

While some people intentionally maintain multiple accounts for various reasons – they may receive better insurance cover through a particular account, for example – the ATO states that most people are unaware they have multiple accounts.

Super is far from set-and-forget. You can still play an active role in how your super grows through something called investment choice.

Thinking about changing how your super is invested? It’s important to understand the process and timing for investment option changes.

Super is a long-term investment, but it’s still important to make sure you think about where and how your super is invested every so often by reviewing your investment options.

Whether you’re just starting out in your career, you’re winding down at work, or you’ve already set out on your retirement adventures, there’s never a bad time to seek advice.

Life can be unpredictable so it’s important you have a backup plan. Luckily some of your plan can be taken care of through your super.

For members in Gateway and Divisions 1, 2, 3, 5, 6, 7, 10.

Qantas Super provides eligible members with flexible insurance options.

Superannuation law restricts your access to super until you retire or meet certain conditions. This restriction is called ‘preservation’.

In very specific circumstances, you can apply to the Australian Taxation Office (ATO) to have your benefit, or part of your benefit, released on compassionate grounds.

There are some circumstances when you may be allowed to access your super before reaching your preservation age, including severe financial hardship.

If your employment or work hours have been impacted by coronavirus you can apply to access up to $10,000 of your super in 2019-20 and a further $10,000 in 2020-21.

From deciding when you want to call it a day to figuring out your next holiday, there’s a lot of planning that goes into retirement. One of the biggest factors influencing the answers to both these questions is money.

When it gets to crunch time, it can be hard to figure out the right time to say goodbye to a decades-long career and prepare yourself both financially and emotionally for the change.

Given how tied our work can become to our identities over time, it’s important to think about what life might look like in retirement when that tie to work and all it entails is no longer there.

Unless you withdraw your balance and bury it in the backyard, your super will be invested in some way through retirement – and depending on how it’s invested, it can continue to grow significantly.

If you’re retired and receiving an income from your super, you might also be able to receive the age pension to help supplement your income.

You’re probably no stranger to a budget, but there are a few new things to consider as you work out how much to spend in retirement.

Transition to retirement – also known as TTR – was introduced to help people ease into retirement.

An Income Account in our Gateway division lets you convert your super savings into an income stream or streams to provide you with a regular income payment.

If you choose to keep your nest egg in the super environment, you can either keep it in your regular super account or transfer it to an income account as a retirement member.