You could be still working, cutting back on hours, or retired. When you celebrate turning 65 you could be eligible to open a Retirement Income account. That way you can use your super to pay yourself a regular income, while the rest of it continues to be invested.
If you open an account with us, you have flexibility and control of your account. You can view and make changes to your account at any time, including extra withdrawals when you need, just like you would from a bank account.
You’ll need two forms of ID and bank account details handy. Here’s a few different ways to open an account:
We've been recognised for excellence across a range of key areas including investment performance and processes, fees, insurance offering, administration capabilities, member servicing and governance practices.
The Pension Fund of the Year award also demonstrates how Aware Super adapts its offering to the differing priorities and demands in the retirement phase of life.[A6]
It’s good news for us, even better news for our members.
^ Minimum withdrawal amounts apply.
* Subject to eligibility requirements.
1 This case study is for illustrative purposes only. Retirement income amounts are rounded to the nearest $100 and stated in today’s dollars, deflated using CPI at 2.5% p.a. Based on a single female member (females represent the majority of members in the fund, about 70%) retired at age 67 with $400,000 and planning until age 95. Investment returns for the Conservative Balanced option are assumed to be CPI +3.25% p.a. which equals 5.75%. Investment returns for the bank account are 3.0% per year. No admin fees and earnings tax are modelled as investment returns are assumed to be net of fees and tax. This example is for illustrative purposes only and is not intended to provide a forecast or guarantee on outcome. The case study is based on regulatory requirements and laws as at February 2026, which may be subject to change. Actual returns year on year may be negative and may vary materially. If investment returns/inflation are higher or lower, final results will differ.
[A6] Zenith CW Pty Ltd ABN 20 639 121 403 AFSL 226872/AFS Rep No. 1280401 Chant West Awards issued 21st May 2025 are solely statements of opinion and not a recommendation in relation to making any investment decisions. Awards are current for 12 months and subject to change at any time. Awards for previous years are for historical purposes only. Full details on Chant West Awards at https://www.chantwest.com.au/fund-awards/about-the-awards/
[AD2] Members can get advice about their Aware Super accounts at no extra cost, or advice on their broader needs for a fee.
[M5] Retirement income and investment earnings are not guaranteed. Payments will cease once the account balance is depleted.
