Print this page Pension Plan

An Overview

For those aged 55 or over, The MAP Pension Plan is designed to meet your retirement income needs now and in the future.

Who Can Join?

If you are aged 55 and over (whether you are retired or not) you can establish a MAP Pension account with your superannuation. When you invest in the MAP Pension Plan you can convert your superannuation savings into a flexible income stream with tax concessions and still have access to your capital. MAP offers annual, half yearly, quarterly and monthly payments.

Investment Options

When you invest in the MAP Pension Plan, you have seven investment choices, comprising four single asset specific pools and three multi sector pools. An asset specific pool is one where the funds are almost exclusively invested in the one asset class eg Cash, Property, Australian Equities and International Equities. A multi sector pool has exposure to all asset classes with each having a different mix. For example, the Growth Pool will usually have a higher percentage of growth assets such as equities and property.The Investment Options are: 

  • Australian Equity
  • International Equity
  • Property
  • Cash
  • Balanced
  • Capital Stable 
  • Growth

A member can select a single investment option that best suits their needs or can spread their contribution and accumulation across two or more investment options in whatever percentage they require.

Returns for all pools are published monthly on the website

Payments

The MAP Pension provides you with flexible income payments (monthly, quarterly, half yearly or annually) within minimum limits set down by Government legislation. It will also give you access to your asset to draw lump sums when you need them (tax may apply).
All investment earnings of the Pension Plan fund are free from tax.

Changing Your Investments

To switch between investments, simply complete an Investment Allocation Form and return by fax or email. A switching fee may apply if you make more than four switches in any rolling 12 months.

Fees and Charges

One of the major benefits of investing with MAP is that there is no entry fee, contribution fee or exit fee.  For a brief summary of returns, fees and features of the MAP Pension Plan, refer to the MAP Pension Plan Product Profile.

How Do I Join?

Read the MAP Pension Plan Product Disclosure Statement (PDS) before making any investment decisions. Then, complete the application form in the PDS and return it to MAP at:

GPO Box 1130, Brisbane, Q 4001 or contact us for more information.