Our goal is simple: to enhance the financial wellbeing of you and your family for retirement. We want to provide the right products to help you begin receiving an income from your super in retirement, and the right tools and support to help you when you need it the most.
Retirement Access is our account-based pension and transition to retirement pension product. Here are some of the key features and benefits of starting a retirement pension with us:
Our fund is not open to public membership – we’re here specifically for the benefit of current and former employees of the Commonwealth Bank Group. And because your family's financial wellbeing is just as important to us, we make it possible for your partner or spouse to join as well.
We’re in the business of helping you build your super savings but just as importantly, we want to help protect your savings too. Our diversified investment options are among the top performing options for long-term investment returns. Read more about our investment philosophy or investment performance and returns. (You should remember, though, that past performance is not a reliable indicator of future performance.)
There are no fees to join Retirement Access, receive pension payments or withdrawals, or switch investment options. Administration and investment fees apply to your account but these total fees are among some of the lowest for pension products in Australia. Read more about fees.
Once you begin receiving an income from your super, it becomes part of your day-to-day finances, so we make it easy for you to keep track of it right alongside your everyday savings and investment accounts by being able to see your pension account balance in the Commonwealth Bank’s NetBank and CommBank App platforms. Plus, you’ll also have access to our secure online member account tool.
Choose how much you receive in pension payments each year (some rules apply) and whether you receive your payments fortnightly, monthly, quarterly, half-yearly or yearly.
Your financial wellbeing is what matters so to help you make the most of your account and plan for the future, we provide you with a few different ways to access help and advice options – including some that you can access at no additional cost.