If you’re retiring, taking your super as an account-based pension – the most common type of super income stream – could be one of the smartest things you do if you don’t need a lump sum to, say, pay off the mortgage, fund renovations, replace an ageing car or go on that well-deserved holiday.

An account-based pension offers regular, flexible and tax-effective income from your super to help fund your retirement. Here are 10 things you should know before you start.