An Uncertain Future

Exploring the Issues and Options for UniSuper Defined Benefit Fund Members

Daryl Dixon, 2013

Daryl Dixon, one of Australia’s foremost investment and superannuation experts and well-known writer and consultant, lifts the lid on issues that have concerned him for the past two years in this frank look at the UniSuper Defined Benefit (DBD) fund. Visit for the latest UniSuper articles.

Daryl argues that the fund, the default super fund for all new full-time university employees, is putting members’ retirement benefits at risk by failing to provide a guarantee to pay promised benefits. He also shows how the UniSuper DBD favours older employees.

Ahead of changes to be implemented from 1 January 2015, which will result in a significant reduction in the accrual of benefits, Daryl considers a number of options for UniSuper DBD members including:

  • whether to leave (if they are in a position to do so)
  • reducing personal member contributions or not contributing at all
  • reducing working hours if they are over the age of 55
  • whether to start a non-commutable lifetime pension.

Complete with case studies and calculations never before made public, this is a must-read book for every DBD member.

Ebook price: $4.99

Buy An Uncertain Future Now

Visit the An Uncertain Future website