MilitarySuper – Overview

Closed to new members in June 2016, the Military Superannuation and Benefits Scheme (more commonly known as ‘MilitarySuper’ or ‘MSBS’) was established to provide superannuation benefits for members of the Australian Defence Force. The scheme is a hybrid of defined and accumulated benefits.

Book an appointment with Guideway

Fund Profile: MilitarySuper

How Guideway can help MilitarySuper members

MilitarySuper’s defined benefit component combines complexity with generous entitlements for its members. Seeking advice from someone with an in-depth understanding of the detailed workings of this scheme is therefor critical to ensure you maximise your benefit.

Guideway’s licensed advisers have extensive experience advising MilitarySuper members on how best to optimise their entitlement including contribution strategies, impact of any redundancy on a MilitarySuper benefit, and timing factors for benefit claims amongst a range of other issues.

Advice directly through MilitarySuper

MilitarySuper members can also access financial advice directly through their fund. Licensed under Guideway, MilitarySuper Financial Planners provide you with the same level of advice and expertise covering all of the issues on the right.

Common areas Guideway provide advice to MilitarySuper clients include:

  • Retirement planning
  • Invalidity benefits
  • Contribution optimisation to maximise retirement benefit
  • Best time to claim the retirement benefit
  • Redundancy impacts on a MilitarySuper entitlement
  • Determining which benefit option is best suited to the client’s circumstances
  • Transfer Balance Cap management
  • Managing the tax consequences associated with MilitarySuper
  • Additional contribution considerations such as salary sacrifice
  • Choosing the right investment option in the lead up to retirement
  • Aged care