Top up your age pension with your super
The Hejaz Islamic Account-Based Pension is designed to help you enjoy financial independence in retirement by paying you a regular income throughout the year at the frequency you choose. This may give you more halal investment returns through your retirement and helps boost how long your savings last, once you’ve reached your preservation age.
What is an account-based pension?
An account-based pension is an alternative option to receiving super as a lump sum. Opening an account-based pension means receiving regular income payments while your super stays invested – giving you the potential for more investment returns throughout your retirement.
Turn your super into income
Receiving regular payments just like when you were working means you can enjoy your retirement. You can use the income paid from your Hejaz FOC pension account to top up the Government Age Pension payments you’re eligible for.
Flexibility and control
You can set up your account in a way that suits you with the amount and frequency of your income payments – you’re never locked in. You can withdraw extra money to pay for bills, holidays, or other big-ticket items at any time.
Keep your super working for you
Keeping your money invested once you’re retired allows your savings to continuously grow.
How easy is it to switch
Apply using our easy to use online form which takes less than 5 minutes.
We will transfer your super to your new Hejaz FOC account.
Monitor performance and view your balance at any time.
Keep track of your super online
View and manage your super easily on your computer. Check your balance and transactions, add and update your beneficiaries, update your contact details, find lost super, and more. Giving you peace of mind and security.
At Hejaz, we strive to keep our fees and costs low so we can pass on the savings to you.
An administration fee will come out of your Super-savings account to cover administration costs and like most super funds, an investment fee will apply. However, you’ll pay no entry fees, contribution fees, exit fees, and no commissions.
Investment fees are 1.74%.
Yes. We run a search with the ATO to find your old accounts.
Just like ordinary super funds, Hejaz uses an APRA regulated platform, Freedom of Choice, an independent custodian where all funds are kept.
In addition, our product, Global Ethical Fund, has Equity Trustees as the independent trustee who is responsible for the regulatory compliance and operations of the Fund. Equity Trustees Limited (“Equity Trustees”) ABN 46 004 031 298, AFSL 240975, is the responsible entity for the Global Ethical Fund ARSN 618 456 492. Hejaz Financial Services © 2019 ABN: 44 161 857 478 ACN: 161 857 478 Authorised Rep of InterPrac Financial Planning Pty Ltd (AFSL 246638). Authorized Credit Rep 491316 of Beagle Finance Pty Ltd Australian Credit Licence 383640. Fund ABN: 300 993 205 83 Fund USI: FOC0001AU
We have an in-house investment team who manage your super. Unlike others, we do not outsource this critical function, setting the management of your wealth as our priority.
Equity Trustees Limited (“Equity Trustees”) ABN 46 004 031 298, AFSL 240975, is the responsible entity for the Global Ethical Fund ARSN 618 456 492. Equity Trustees is a subsidiary of EQT holdings limited ABN 22 607 797 615, a publicly listed company on the Australian securities exchange (ASX: EQT). This webpage and associated advertisement has been prepared by Hejaz Asset Management Pty Ltd (formerly named Eternal Capital Pty Ltd) ABN 69 613 618 821 as Corporate Authorised Representative of Interprac Financial Planning PTY LTD (AFSL 246638) corporate authorised representative number 1254891, to provide you with general information only. In preparing this material, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither Hejaz Asset Management Pty Ltd (formerly named Eternal Capital Pty Ltd) ABN 69 613 618 821, Equity Trustees nor any related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. This option is available through the Freedom of Choice, a division of AMG Super RSE R1001006. Past performance is not indicative of future performance and minimum recommended investment timeframe is 5 years. Seek professional advice before investing.. You should obtain a copy of the product disclosure statement before making a decision about whether to invest in this product.
Join the Islamic movement
We know that making the transition to Islamic pension can be new and that is why we are here to keep it simple and support you.
Want to talk super?