Personal Super

A flexible super option

Superannuation is a popular way to invest as it attracts a number of tax concessions. Some of the most significant changes to superannuation in recent years start from 1 July 2007, making superannuation one of the most tax-effective, long term investment vehicles.

Cbus Personal Super is a flexible retirement savings option designed for people who want to make personal contributions, receive contributions from a spouse or invest a lump sum. Cbus Personal Super is not designed to accept Superannuation Guarantee (SG) contributions from an employer, however Cbus have specially designed products if you are looking to receive contributions from your employer. If you would like to start receiving contributions from an employer after joining Cbus Personal Super, your account can easily be transferred to Cbus Industry Super.

Are you receiving or planning to receive contributions from your spouse?
Do you want to make your own personal contributions?
Are you looking for a tax-effective way to invest a lump-sum?

If you answered yes to any of these questions, Cbus Personal Super may be the product you are looking for. Cbus Personal Super has low fees, and the default option ‘Core Strategy' (formerly Cbus Super) has returned an average of 10.9% per annum, after fees and charges, since inception in 1984*. Unlike some funds, Cbus pays no commissions to agents or dividends to shareholders. With Cbus all profits belong to members, and that means more money for you in retirement. With Cbus Personal Super you'll also have access to 24-hour-a-day Death and Total and Permanent Disablement (TPD) insurance cover.

Cbus Personal Super gives you:

access to 24-hour-a-day Death and Total and Permanent Disablement (TPD) insurance cover;
access to your account balance online, with Cbus' SuperSite;
the opportunity to select from a range of investment options to suit your level of investment risk;
Binding Death Benefit nomination - for more information click here;
low fees; and
strong returns*.

From 1 July 2007, superannuation legislation changed. To find out more about these changes, and how they may affect you, refer to Cbus' Simpler Super information or contact the Cbus Service Centre on 1300 361 784.

Who can contribute?

If you're not receiving Superannuation Guarantee contributions from an employer, you are eligible to join Cbus Personal Super. You can contribute the amount you want, when you want, which means more flexibility for you.

Spouse Contributions

You can receive contributions from your spouse into your Personal Super account. In addition to this, you may be eligible for special insurance arrangements for non-working or low-income earners who are receiving contributions into their Personal Super account from their spouse. Your spouse may also be entitled to a tax rebate for the contributions made to your account. To find out if you are eligible for the special insurance arrangements, or to find out if your spouse is entitled to a tax rebate, you should refer to the Cbus Personal Super Product Disclosure Statement.

Personal Contributions

If you're not currently receiving Superannuation Guarantee contributions from an employer but still want the benefits and security of superannuation, you can make your own personal contributions into Cbus Personal Super.

Investing a lump-sum

You can invest a lump-sum payment into Cbus Personal Super and take advantage of the tax effective superannuation environment. There's no requirement for you to make additional contributions into your account, and the fees you pay are among the lowest in the industry.

For information on opening a Personal Super account, call Cbus on 1300 361 784, or view or download the Cbus Personal Super Product Disclosure Statement.

*as at 30/6/07. Past performance is not an indicator of future performance and the value of investments can rise or fall.