MONEY GUIDES
- Problems with Debt
- Saving and Goal Setting
- Budgeting
  Take charge of your money
  
  By taking charge of your money, whether you have a little or a lot, you will ease money stress and feel more secure and in control.
  Track your spending
  Where is your cash going each day? Tracking your spending helps you understand your daily money habits. See spending for tips on how to do this.
  Create a budget
  How much money is coming in and going out each week, fortnight or month? See below for how you can use a budget to sort out your money priorities and take control of your spending and saving.
- Personal Insurance
- Getting Financial Advice
  How can this guide help you?
  The ADF Financial Services Consumer Centre and the Australian Securities and Investments Commission (ASIC) want you to be well-informed and confident about getting financial advice.
  
  By familiarising yourself with this website, you’ll be starting off on the right foot with tips about:
  
  deciding if you need personal advice
  finding the right adviser
  working effectively with your adviser
  getting advice that suits you.
  
  You may find that not all the ideas in this website may apply to your particular circumstances.
- Insurance
- Investing
TOOLS
RESOURCES
custombox
Can’t find what you are looking for?
CONTACT US

YOUR SUPERANNUATION

Learn more about how your superannuation works and how you can make the most of your superannuation entitlements. Here you will find some introductory information, including videos on the three ADF superannuation schemes DFRDB, MSBS (or MilitarySuper) and the ADF superannuation arrangement which came into effect from 1 July 2016.

DFDRB

Defence Force Retirement and Death Benefits Scheme or DFRDB was established in 1973 and closed in 1991 when it was replaced by MSBS. DFRDB contributing members were given the option to transfer into MSBS up to 1 October 1992. DFRDB is called a ‘hybrid scheme’ as it has a defined benefit component and a contributory component. It also offers death and invalidity cover to its members. The trustee of, and authority on, DFRDB (and MSBS, ADF Super and ADF Cover) is the Commonwealth Superannuation Corporation (CSC).

SEE THE VIDEO

Visit CSC's website for more information

MSBS (MilitarySuper)

The Military Superannuation Benefits Scheme (MSBS) also referred to as MilitarySuper opened on 1 October 1991 replacing DFRDB. MSBS was closed to new members from 1 July 2016 from which time all new full time ADF members were obliged to join the new ADF Superannuation Arrangement. MSBS is, like DFRDB, a hybrid scheme with a defined benefit and contribution component, as well as death and invalidity cover.

SEE THE VIDEO

Visit CSC's website for more information

The ADF Super Arrangement

From 1 July 2016 all new members of the ADF joined the new ADF Superannuation Arrangement (Arrangement). The Arrangement comprises:

Employer contributions of 16.4%
Choice of superannuation fund (members able to join any complying super fund)
A new default accumulation superannuation fund called ADF Super
Death and invalidity cover to age 60 for all members of the Arrangement under ADF Cover.

Importantly the Arrangement does not offer a hybrid superannuation scheme like DFRDB or MSBS; rather it provides employer contributions to an accumulation style fund of the member’s choice.

SEE THE VIDEO

Visit CSC's website for more information

DEFENCE- PAY AND CONDITIONS WEBSITE

THE NEW ARRANGEMENT

Commencing 1 July 2016, there is a new superannuation arrangement for the ADF. It’s mandatory for new recruits and voluntary for existing members of the Military Superannuation Benefits Scheme (MSBS). Watch this video to learn more about how the arrangement works and how it may affect you.

Note: If you want to learn more about the military super schemes in place before 1 July 2016 – MSBS and the Defence Force Retirement and Death Benefits Scheme (DFRDB) – watch the Military Superannuation Schemes video.

Latest Superannuation News

Warning $10,000 early access to super due to covid-19. Conditions and penalties apply

Is the “Age of Entitlement” Over?

Way back in 1909 when the first taxpayer-funded national age pension was introduced in Australia...

Understanding your superannuation

Recently, you will have received your annual superannuation statement from the Commonwealth Superannuation Corporation (CSC).

LOOKING FOR FINANCIAL ADVICE?

Find a financial adviser who will act in your best interests.

FIND A FINANCIAL ADVISER

NEED HELP?

WE ARE HERE TO ASSIST

GET IN TOUCH

YOUR SUPERANNUATION

DFDRB

MSBS (MilitarySuper)

The ADF Super Arrangement

THE NEW ARRANGEMENT

Latest Superannuation News

Warning $10,000 early access to super due to covid-19. Conditions and penalties apply

Is the “Age of Entitlement” Over?

Understanding your superannuation

LOOKING FOR FINANCIAL ADVICE?

SIGN UP FOR OUR MONTHLY NEWSLETTER

NEED HELP?