You can start an AvSuper Income Stream whether or not you have an AvSuper account, and you can have an income stream alongside an AvSuper account.
And all you have to do to start an AvSuper Income Stream is fill in an Income Stream application form!
To be eligible to start an AvSuper Income Stream you need to meet the following requirements:
- be an Australian resident or citizen
- have an initial balance of $20,000
- meet legislated age rules (generally preservation age or older) OR legislated disability rules
- not have exceeded your transfer balance cap (across all income streams in your name) from 1 July 2017
You do not have to be an existing AvSuper member to open an AvSuper Income Stream.