MUTUAL PENSIONS

Mutual pensions is a non guaranteed group self annuitisation product that offers greater flexibility than annuities and mitigates longevity risk as expected pension payments increase as members age... A Mutual Pension offers funds an alternative to annuities to use as their Comprehensive Income Product for Retirement (CIPR). The product already exists, has a product disclosure statement (PDS) and fits with current legislation meaning it can be implemented by funds immediately... Mutual Pensions Pty Ltd has created a group self annutisation (GSA) product, called a Mutual Pension, for superannuation funds with pension members.

Also known as: Mutual Pensions Pty Ltd

Primary location: East Perth