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ABOUT RUSSELL PENSION SOLUTION

INTRODUCING THE RUSSELL PRIVATE ACTIVE PENSION

Whether you’re retired or approaching retirement, the Russell Private Active Pension (RPAP) is a unique way to manage your super and continue to invest with some of the world’s best investment managers.

YOUR BENEFITS WITH RPAP

RPAP offers you a flexible way to make the most of your money in the years leading up to your retirement. Importantly, it is also designed to maximise your savings once you retire. It offers you:

• a dedicated website with all your pension account details
• no administration fees or fees to establish, contribute to, or withdraw from your account
• only one investment management fee which you can reduce if you maintain a higher balance. You can also link with a family member to take advantage of the rebate that applies for balances greater than $500,000
• no transaction costs to move money between your contribution and pension accounts
• a full range of banking at your fingertips after age 60.

HOW RPAP WORKS

The Russell Private Active Pension combines:

• a contribution account for accumulating super
• a pension account to pay you a regular income
• after age 60, an ANZ Prime Cash Management Account for at-call access to your pension funds.

So for those over age 55 and still working, you can use RPAP as part of a transition-to-retirement strategy or, if you’ve retired, you can use the RPAP pension account to pay you a regular income. Once you reach age 60, you can have at-call access to your pension funds through the ANZ Prime Cash Management Account.

More about RPAP