Welcome to your spring newsletter – it’s hard to believe that we’re three quarters through 2024!
We have been working hard on the platform updates required to bring Active Super’s members onto our system, with the programming now almost complete and testing well underway. Our plan is to have the bulk of the work done before we take a break at the end of December and come back in early 2025 ready to do final dress rehearsals and bed everything down so that both our existing and new members have a smooth transition.
We’re always looking for way to lower costs so that members have more for their retirements, and thanks to the merger and our larger scale we’ve negotiated a decrease in our insurance premiums. Our insurer, MLC Life, has agreed to bring this forward so you’ll enjoy the savings (if you have applicable insurance with us) before the merger takes place.
In this newsletter, you’ll find an investment update, an article on keeping your account safe in light of growing cyber security awareness, information on how often you should check your super and more.
Speaking of checking your super – you’ll find your annual statement is ready to view online, and you’ll also see we’ve made some changes to our product disclosure statements (PDS) as of 1 October, to outline the new insurance premium rates, closure of the property and infrastructure investment options, and other updates.
Happy reading!
Stephen Rowe
Member Hotline 1300 300 820
Employer Hotline 1300 304 947
Retirement Hotline 1300 017 589
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