We’ve kept the CPIplus return rate the same for 2023–24

Published August 2023

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Content Team
1 min read
Updated 14 Aug 2023
  • News

Our innovative pension investment option is designed to give you peace of mind.

CPIplus is an industry-first pension investment option that’s designed to provide retirees with consistent and reliable returns, even in times of uncertainty.  

Returns from CPIplus are predetermined and set in advance – typically for 12 months – as a certain percentage above the Consumer Price Index (CPI).1 

By setting a return above CPI, we ensure your returns are above the level of inflation. This minimises the impact of inflation on the real value of your investment returns. 

The CPIplus return rate for the 2023–24 financial year

We’re pleased to report that CPIplus offers the rate of CPI + 2% for the
2023–24 financial year.

Want to know more?

Get started today – learn how CPIplus can help you

It’s never too early – or too late – to start planning your financial future.  Sitting down with one of our qualified financial advisers can help you see the bigger picture of your retirement.  

You can get advice on:  

  • how CPIplus might fit into your retirement strategy and goals  
  • maximising cash flow, income, debt management and your Centrelink entitlements  
  • estate planning, to make sure your money goes where you intend it to after your pass away.

1. The Consumer Price Index (CPI) used for calculating the value of CPI in CPIplus is the “All groups CPI: Australia” (6401.0 - Consumer Price Index, Australia, Series ID: A2325850V) rate as determined by the Australian Bureau of Statistics (ABS). Please refer to abs.gov.au for more information.