How does RI Allocated Pension work?

RI Allocated Pension allows you to invest your super as a lump sum and receive a regular income stream.

You can transfer your super to a RI Allocated Pension and it will be invested in the plan of your choice. You draw regular pension payments, and are able to withdraw lump sum payments until there is no money left in your account. The Commonwealth government sets the minimum amount you must draw from your pension each year.

RI Allocated Pension account