QSuper chief investment officer Brad Holzberger said introducing features like the ability to increase payments from an account annually with inflation means the income of members can increase in line with CPI.
According to QSuper, the income account will also allow members to order the drawdown of payments from their account, and the introduction of simplified forms will mean members spend less time managing their account.
“QSuper is committed to working with members to help them build the retirement they want, so they can continue to do the things they love,” said Mr Holzberger.
“QSuper’s income account will provide members with more flexibility to help them structure their income in retirement,” he added.