QSuper Defined Benefit Insurance: A Comprehensive Overview
QSuper defined benefit insurance is a specialized insurance product that provides a guaranteed level of retirement income for employees. Unlike traditional superannuation funds, which rely on investment returns to generate retirement savings, defined benefit insurance offers a fixed income stream that is not subject to market fluctuations. A notable example is the QSuper Lifetime Pension, which provides members with a regular income for life, regardless of their investment performance.