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It’s simple to switch the investment options your retirement savings are invested in. All you need to do is log into your account online. Before you make a switch it’s important to make sure it’s the right choice for you and won’t affect your retirement goals.

Key points:

  • When you open a retirement income stream account you choose which investment option (or mix of options) you invest your savings in.
  • If you don’t make a choice, your retirement savings will be invested in Balanced Growth. It’s designed by our retirement experts to reduce the impact of market falls.
  • You’re not locked into this choice and can make a switch to a different mix, at any time.
  • Choosing the right investment mix for you during retirement can help your savings last longer. 

How to change your investments

You can change how you invest your Retirement Income Stream account up to once a day. You can choose to switch all or part of your existing balance. Switches received before 3:00pm AEST/AEDT on a business day are effective the next business day.

Switches received on or after 3:00pm AEST/AEDT on a business day, or on a weekend or public holiday, will become effective after 2 business days1.

Allow between 2 - 3 business days for switches to show in your account online.

Make a switch through the Aware Super mobile app or logging in to your account online.

If you need help changing your investments call us on 1300 650 873, 8:00am – 7.00pm AEST/AEDT weekdays. Or make an appointment to speak to a financial planner, at no extra cost with your membership.

Our Balanced Growth option for retirees

If you don't make an active choice, you’ll join 50% of our retired members invested in our Balanced Growth option.

The Balanced Growth option has been designed by our experts with the needs of retirees in mind. It aims to:

  • generate strong, consistent returns
  • protect against the effects of inflation, and
  • reduce the impact of large market falls on investment returns.

What this means for you is that we do the hard work of investing for you, to help you retire with more.

Find out more about Aware Super’s investment options.

Investment options you can choose from

Aware Super offers a range of investment options in retirement to suit your needs. You can choose from our diversified options, single asset class options, or tailor your own mix - by choosing exact percentages of different investment options2. It’s up to you.

Aware Super diversified options

All our diversified options have a mix of asset classes. An asset class is a type of investment. This could include shares, property, infrastructure or more. The more diverse your portfolio is, the more your savings are protected from falls in any one particular asset class.

1.Diversified Option Risk 600x400px

Single asset class options

If you want more control, you can choose your own mix from one or more of our single asset options. You can choose how much of each option you want in your investment mix2.

Our single asset options invest in one of the following asset classes only.

  • Australian Equities (shares)
  • Australian Equities Socially Responsible Investment (SRI)
  • International Equities (shares)
  • Property
  • Australian Fixed Interest
  • Interest International Fixed Interest
  • Cash  

View the performance and returns of our investment options.

Related information


Related documents


1 A business day is all weekdays excluding the following public holidays: New Year’s Day, Australia Day, Good Friday, Easter Monday, ANZAC Day (when it falls on a weekday), Queen’s Birthday (in June), Christmas Day and Boxing Day.

2 Some asset classes are not available as single asset class options. For example infrastructure and private equity. This means it could be harder to achieve the same degree of diversification if you choose your own mix.

Where to next?

Attend a retirement webinar

Join our experts as they break down super and finances into easy-to-understand topics through our live webinar education series.  

Learn more about retirement

We’re here to help you create your next chapter with confidence and guide you throughout your retirement. 

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