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Private Series

Russell private active pension

Retirement today looks very different from what it has in the past; people are now redefining their lives leading into and throughout their retirement years.

The Russell Private Active Pension (RPAP) is the first retirement solution in Australia to provide flexibility for those investors transitioning to retirement and those investors already in retirement by combining a superannuation contribution and pension account into a single product.

Whilst receiving income from the pension, eligible investors can continue to build their superannuation through the linked Contribution Account and access Russell's multi-manager investments at the same time - paying the fees of just one account.

Importantly, there are no transaction costs to move money between the Contribution Account and Pension Account.

ANZ prime cash management account

The ANZ Prime CMA provides investors with at-call access to their pension funds through ANZ banking facilities. The investor must be over age 60 (no tax on benefit payments) which will then provide them access to a fully integrated one-stop-shop for all pension, investing and banking needs.

Note that we will place a limit on the amount clients using a transition to retirement strategy may invest in the Prime CMA to ensure their maximum payment limit is not breached.

Refer to the PDS ('Making the most of your ANZ Prime CMA') for further details.