BUSSQ Pension Choice was established in 2002 to provide for the retirement needs of members employed within the building and construction industry. The fund is a public offer fund and allows members from all industries to apply for membership, with a minimum initial investment of $25,000 required to commence membership. BUSSQ Pension Choice was nominated as a finalist for the 2020 Pension of the Year award.BUSSQ Pension Choice offers an investment menu of 3 diversified options and 7 single sector options. The Balanced Growth option outperformed the relevant SuperRatings Index over the 10 years to 30 June 2019.Fees are lower than the industry average across all account balances assessed. The fund does not charge a buy-sell spread or an investment switching fee.BUSSQ Pension Choice offers good pension flexibility, with members able to select from fortnightly through to yearly payment frequencies. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Members can also select from reversionary pension, binding death nomination and non-binding lump sum death benefits.BUSSQ provides access to a diverse range of educational tools, as well as advisory and planning services through Skylight Financial Solutions. The fund regularly conducts information sessions to ensure members are well informed on their retirement needs.

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