Why AustralianSuper?

More than 1 in 10 working Australians are members of AustralianSuper.

AustralianSuper is one of the largest industry superannuation funds in Australia, with more than 1.4 million members and over $30 billion in funds under management.

10 reasons to choose the AustralianSuper Pension

• Profits to members, not shareholders – some funds pay dividends to shareholders and commissions to agents, but our industry fund philosophy means we are run only to profit members.
• Strong investment returns – the Balanced Investment Option has credited an average return of 5.55% pa for five years to 30 June 2009*.
• Low fees – our size helps us keep fees low. A flat account-keeping fee of $1 per week, plus an asset-based fee of 0.22% pa of your account balance (capped at $1,100 for accounts of $500,000 or more) means more money for your retirement. Additional fees may apply.
• Choose your investment – choose the strategy that best meets your financial needs/goals with a choice of 15 different investment options.
• Member education and communication – our award-winning educational programs, publications, interactive website and other member communication resources help you get the most from your retirement savings.
• Extra products and services – access value-added products and services provided by third-party organisations, including competitive home and personal loans, credit cards and savings accounts; low-cost health insurance; access to a range of non-super investment products and discounted computer and internet packages.
• Free seminars – attend a free retirement or financial planning seminar and gain the knowledge you need to achieve your retirement goals.
• Commission free financial advice – access commission-free, fee-for-service financial advice through Industry Fund Financial Planning (IFFP).
• Easy online access to your account – manage your account quickly, conveniently and securely via the AustralianSuper website.
• Stay with the Fund you know – the introduction of the AustralianSuper Pension means you can stay with the Fund that has looked after you during your working life even after you have retired.

 

* Please note: Past performance is no indication of future returns. The historical return information provided is an estimate only of the rates that would have applied if the AustralianSuper Pension had previously been available. It is based on the assumptions outlined below.

1. Returns quoted have been reduced only for the cost of investing (investment fees).
2. Returns within AustralianSuper Pension are tax-free.
3. Historical returns have therefore been calculated by taking the declared investment returns for each option within the Super Division and adding back an estimate for the tax payable.
4. The tax rate applied for each investment option for the 2006/07 financial year has also been applied when calculating estimated historical returns for previous years for each investment option. The calculated investment returns were prepared by the AustralianSuper Investment Department. Past performance is not an indication of future returns. The AustralianSuper Pension is available from 1 January 2008. In calculating historical return information for AustralianSuper we have combined return information from previous ARF and STA investment options. Where only one of the merging funds previously offered an equivalent to an option in the new product suite, the returns of that option have been used. Where both funds offered an equivalent option, the returns have been asset weighted across both options on a monthly basis where possible. The same process has been used for calculating historical investment fees.