Investment options - Transition to Retirement Pension


Our Transition to Retirement Pension is a flexible retirement income option, which provides you with a regular income stream from your retirement savings.

To help you grow your super, we offer a range of investment plans targeting different levels of risk and return, designed to give you a choice as to how your money is invested. You can choose one of the four Readymade plans below, or you can pick your own mix of investment assets.

Plan details
Plan Growth plan TTR
Balanced plan TTR
Conservative plan TTR
Cash plan TTR
Product dashboard Product dashboard Product dashboard Product dashboard
Level of investment risk by Standard Risk Measure bands High
6 out of 7
Medium to high
5 out of 7
Low to medium
3 out of 7
Very low
1 out of 7
Investment return objective1 CPI** + 4.0% p.a. over rolling 10 year periods CPI** + 3.0% p.a. over rolling 7 year periods CPI** + 2.0% p.a. over rolling 5 year periods At least the Bloomberg AusBond Bank Bill Index over rolling 12 month periods
Growth/Defensive split^
Level of investment risk - estimated number of negative annual returns over any 20-year period Less than 6 Less than 4 Less than 2 Less than 0.5
Investment timeframe 10 years 7 years 5 years Around 12 months
Statement of fees and other costs+ $325 $275 $205 $90
Plan details Plan details Plan details Plan details
Net investment returns as at 30 June 2021++
Plan Growth plan TTR
Balanced plan TTR
Conservative plan TTR
Cash plan TTR
Plan details Plan details Plan details Plan details
Actual returns last month (%) 1.39% 1.21% 0.63% 0.00%
Actual returns FYTD (%) 17.84% 14.87% 7.07% 0.14%
Actual returns 1 year (%) 17.84% 14.87% 7.07% 0.14%
Actual returns 3 years (% p.a.) 7.24% 6.70% 4.27% 0.99%
Actual returns 5 years (% p.a.) ... ... ... ...
Actual returns 10 years (% p.a.) ... ... ... ...
Actual returns since inception (% p.a.) 7.37% 6.66% 4.17% 1.14%
Plan details Plan details Plan details Plan details
Strategic Asset Allocation (SAA)
Plan Growth plan TTR
Balanced plan TTR
Conservative plan TTR
Cash plan TTR
Plan details Plan details Plan details Plan details
Australian Shares
 
28.5%
 
24.5%
 
11%
 
0%
International Shares
 
28.5%
 
24.5%
 
11%
 
0%
Private Equity
 
3%
 
1%
 
0%
 
0%
Property
 
8%
 
6%
 
4%
 
0%
Infrastructure
 
4%
 
3%
 
2%
 
0%
Medium Risk Alternatives
 
8%
 
6%
 
4%
 
0%
Investment Grade Bonds
 
11%
 
22%
 
29%
 
0%
Defensive Alternatives
 
7%
 
8%
 
10%
 
0%
Cash
 
2%
 
5%
 
29%
 
100%
Actual allocation Actual allocation Actual allocation Actual allocation
  • Asset type:
  • Growth
  • Defensive

The above investment mix represents the mix for the Strategic Asset Allocation (SAA) – our long-term target for allocating assets between asset classes - for our plans. The actual mix for your plan may differ from the SAA and can be viewed by selecting ‘Actual allocation’ under the relevant plan. The SAA and other information provided above is current as of 1 March 2021 and is based on the current Treasurer’s Prudential Guidelines for Investments which were approved on 3 September 2019. No changes to the SAA were made in 2020.

The SAA, asset allocation ranges or the composition of individual asset classes may change from time to time, without prior notice.

1 The investment return objective is the investment return all Readymade plans will seek to achieve after investment fees and taxes except for Cash, which will seek to achieve a return after investment fees only.

The risk level is based upon the Standard Risk Measure. The SRM is based on industry guidance developed to allow members to compare investment options that are expected to deliver a similar number of negative returns over a 20-year period.

** Consumer Price Index.

^ The Growth/Defensive split is the target allocation mix of Growth and Defensive assets.

+ Statement of fees and other costs are based on fees over the 2019/20 financial year. It includes all investment and administration fees and expenses for an account balance of $50,000. For more information, see the Retirement Income Pension Product Information Booklet. You should read all the information about fees and costs, because it is important to understand their impact on your investments.

++ Returns are reported net of the Indirect Cost Ratio (ICR), are based on transactional prices and include applicable taxes. The ICR includes all investment costs and any additional underlying costs relating to your investment.

Inception date for Transition to Retirement Pension Readymade plans is 15 June 2017.

Our schemes are Exempt Public Sector Superannuation Schemes and are regulated by the WA State Government and not the Commonwealth Government.

The State Government guarantees to pay every benefit payable under a scheme, including the accumulation, retirement and defined benefit schemes. This Benefit Payment Guarantee does not include investment market losses.

Performance information should be used as a guide only. The performance of your investment plan is not guaranteed and returns may move up or down depending on market conditions. Past performance should not be relied on as an indication of future performance. Changes in investment strategy, such as the appointment of new external investment managers, may impact future performance.

The Strategic Asset Allocation to Property includes listed and unlisted investments.