Super wrap products explained
Learn what a super wrap product is and how they can benefit your wealth goals for retirement.
Watch the videoA super wrap is an online investment product that gives you control over your superannuation by providing an extensive range of investment options. These options may include managed funds, ASX and international securities, term deposits and cash.
Some super wrap products also offer insurance to help you protect your retirement savings.
Your account is referred to as a 'Wrap', as it provides an efficient and transparent way to hold a number of different investments in a single superannuation account. This can also reduce the administration and paperwork required.
Some super wrap products also have investments that aren't available to regular investors. These may include wholesale managed funds that would otherwise require a high minimum investment, and boutique investments that are only accessible via the super wrap.
So, if you're looking for a superannuation solution that gives you investment flexibility and the ability to consolidate, manage, analyse and report on your superannuation savings in the one account - a super wrap might be for you.
Netwealth Super Accelerator Plus is our super wrap product and gives you the opportunity to:
Including ASX and international securities, managed funds, managed accounts, term deposits and cash.
Grow your wealth with simple buy/sell tools, powerful performance reports and investment research tools.
Regardless of where you are in your wealth journey, we have a range of account options to suit.
Access competitive group or retail insurance for Death, TPD and Income Protection.
Regardless of where you are in your wealth journey, you can take advantage of the range of life-stage options in Super Accelerator Plus.
If you are still working, our Personal Super account can receive contributions made by your employer, any other eligible contributions and rollovers from other funds.
If you have reached your ‘preservation age’, i.e. the age you can access your super, you can start a Transition to Retirement (TTR) Income Stream. Supplement your income while still working.
If you are in or near retirement, our Standard Income Stream account provides a tax-advantaged solution for generating a regular income from your superannuation.
If you are retired, you may be able to rollover the full proceeds of another term allocated pension (if you already have one). A TAP provides regular pension payments for an agreed term and may also offer favourable Centrelink treatment and tax concessions*.
*These concessions are only available if you established a Term Allocated Pension prior to 20 September 2007 and met other important conditions associated with a Term Allocated Pension. Refer the TAP information guide for more details.
Complete the online application with your relevant details and select an accumulation or pension account. It will take about 10 minutes.
You can transfer some or all monies from any existing super account. You may choose to do this during the application process or online once your account has been set up.
If you would like, you can ask your employer to pay your employee super contributions into your Netwealth account.
Once you have cash in your Netwealth account you can make your first investments in your super portfolio.
* The information provided here is general information on how to open a Netwealth account, it does not consider whether the product or service meets your individual objectives, financial situation or needs. It assumes you have read the Product Disclosure Statement and it is recommended that you consider consulting a financial adviser before making any investment decision.
Want more information on Super Accelerator Plus? Our resources section has a wide selection of information that will assist you in understanding our products and services. You should read the disclosure documents before deciding to invest.