When you first join LGIAsuper we will open an Accumulation account for you. This account gives you the flexibility to manage your super and build your financial future.
Low fees, genuine value
Our fees are among the lowest in the industry. You won’t pay to contribute to or withdraw from your account and it’s free to switch investment options. For more information on fees, read the Accumulation account PDS or visit the Fees page of our website.
Total flexibility and control
Enjoy the flexibility to manage your super however and whenever you want.
- Keep your super in the one place
You can transfer your super from other funds into your LGIAsuper Accumulation account to save on fees and avoid the hassle of managing multiple accounts.
- Grow your super
We can accept voluntary contributions if you want to make lump sum or regular payments through salary sacrifice or after-tax money. You can also make spouse contributions to your partner’s account (and vice versa). Plus, if you’re a permanent Queensland local government employee you generally receive a higher employer contribution and make standard member contributions.
- Take LGIAsuper from job to job
Most employers anywhere in Australia can contribute to LGIAsuper. If you change jobs, you can arrange for your new employer to pay contributions into LGIAsuper.
- Manage your super online
Enjoy, easy online access to information about your account with Member online. You can manage your super at any time and from any place.
LGIAsuper offers a wide range of investment options so you can make a choice that suits your needs. When you join LGIAsuper, your money is invested in our Mysuper Lifecycle option. But the choice is yours. You can change your investments up to 12 times each financial year at no extra cost.
Insurance for the unexpected
Most members automatically receive Death, Total and Permanent Disablement (TPD) and Income Protection insurance. So you can rest easy knowing you and your family are financially protected if you’re unable to work due to sickness or injury.
Easy access to your money
Once you have retired and reached your preservation age (which is between 55 and 60 depending on when you were born) you can access your super through lump sum payments of $3,000 or more (up to 12 times each financial year).
However, you may want to consider opening a Pension account so you have the flexibility to take your super as regular income or lump sum payments.
You should read the Accumulation account PDS in deciding whether to acquire, or continue to hold, this product.