How can I change my investment plan?
To change your investment plan*, click on the 'investments' tab on the Member Online menu bar.
* If you’re a Retirement Income Pension member and you want to change your investment plan, please complete the relevant online form which you can access through Member Online:
We will process your investment switch on the first available business day after receiving it. Generally, within two to three business days1 of receiving your request. However, sometimes it may take up to five business days, or longer in exceptional cases, to process your switch.
Please keep in mind that your investment switch will take effect on the day it’s processed, rather than on the day it’s received. The unit price on day we process your switch will be applied to the transaction. Learn more about when your investment switch will take effect.
Then, click on the 'change plan' button at the bottom of the table.
Change plan button
Step 1: select the plan you want to change to
If you want to change to another Readymade plan, select the plan by clicking on the appropriate button, then click 'continue'.
Choosing a Readymade plan
To find out more about the structure and performance of each plan, click on the plan names. This will open the investment plans page on our website in a new window.
If you want to change to a Mix Your plan, select the Mix Your plan radio button. This will open the Mix Your plan investment choice options. Use the sliders to set your investment preference. The total new allocation % needs to add up to 100%.
Choosing Mix Your plan
You can choose to have GESB automatically rebalance your Mix Your plan investment mix to maintain your desired level of asset allocation. For example, if the Australian Shares component of your super outperforms other asset classes, your asset allocation will increasingly be weighted to Australian Shares. Auto rebalancing ensures the weight allocated to each asset class remains the same over time. You can choose to rebalance your investment mix on a quarterly, half-yearly or yearly basis.
To update the 'rebalance' option, click on the drop down box and select the frequency you want to rebalance at.
If you don't use the automatic rebalance option, we recommend you monitor investment movements yourself, based on your investment choice. Remember to check that your investment mix is on track as the mix you choose could drift as markets fluctuate.
Finally, click 'continue'.
Before making a decision you should read the Investment choice brochure.
Mix Your plan rebalancing
Step 2: check the plan you have selected
Then, read and accept the 'member declaration' by clicking in the tick box before clicking 'submit'.
Confirm your plan
Step 3: your receipt
Your request to change your plan will be processed on the first available business day after receiving it. Generally, within two to three business days1 of receiving your request. However, sometimes it may take up to five business days, or longer in exceptional cases, to process your request. The change can be cancelled at any time on the day you submit your request, but not after this time.
You will need to wait until your current switch has been processed before you can make another switch.
An email will be sent to you confirming the change you have requested.
You can then choose to print the page for your records or click 'back to investments overview'.
Your change of investment plan receipt
Your confirmation email
To see the status of your requested plan change, visit the 'Investments' page at any time.
Below the table you'll see there's a switch pending and the date the switch was requested.
To see the details of the switch, click the 'view pending switch' button below the table.
View your pending switch
In the Pending switch section, you can see the current investment plan and the future investment plan that you're changing to.
On the day you make the switch, you can cancel the change at any time by clicking the 'cancel' link. From the next day, you are no longer able to cancel the switch as it's already being processed. You will then need to wait until your switch is complete before you can make another switch.
Cancel your pending switch
1 A business day is a work day other than a public holiday or weekend in Western Australia.
Thank you for printing this page. Remember to come back to gesb.wa.gov.au for the latest information as our content is updated regularly. This information is correct as at 17 January 2021.