Unisuper Defined Benefit Insurance: A Comprehensive Retirement Solution
Unisuper defined benefit insurance is a type of retirement plan that provides members with a guaranteed income stream for life. Contrary to accumulation plans which rely on investment earnings, defined benefit plans like Unisuper guarantee a set pension regardless of market fluctuations. A notable example is the Unisuper Members Superannuation Fund, one of Australia’s largest industry super funds, which offers a defined benefit division for eligible members.