AvSuper News

Welcome to Julie-Anne Schafer

It is with pleasure that I announce Julie-Anne Schafer has joined AvSuper as an employer nominated Trustee Director from 28 July 2015.

Julie-Anne SchaferThe AvSuper Trustee Board consists of eight Directors, equally representing AvSuper members and employers. Julie-Anne is replacing Glenys Roper as Director as Glenys resigned from the role on 1 April 2015.

Julie-Anne has 15 years of directorship experience in various sectors including general insurance, telecommunications, health and transport, plus time as the Chair of the Royal Automobile Club of Queensland (RACQ). Prior to being a professional director she was a legal partner specialising in commercial and insurance matters for 25 years.

With qualifications in Company Directorship and experience with an aviation training company, we are confident that Julie-Anne will be a positive addition to the AvSuper Board.

On behalf of the AvSuper Trustee Board and staff, I welcome Julie-Anne and congratulate her on this appointment. I look forward to working with her.

George
George Fishlock
AvSuper Chair

AvSuper and the financial situation in Greece

Some of our members have contacted us this week to understand the impact and likely future impact of the “Greek situation” on their AvSuper investment.     

Greece’s financial and economic difficulties have prevailed for some years now. However, recent events have been making news and causing concern for some investors.

AvSuper has very little direct exposure to Greek investments, but it is clear that there has been some impact on Australian and international investment markets more generally. Our Investment Committee has been positioning our assets conservatively and will continue to monitor events closely.

We have prepared a factsheet outlining the current situation in Greece and hope that information assists AvSuper members in understanding the situation as it stands. 

Michelle

Michelle Wade
CEO

Investment update

 

 

Enjoy our new look website!

screenshot

We are very pleased to show off our updated website!

 While most of the information is the same, you will find our site now

  • has colour coded sections to help you  find the relevant information
  • is completely responsive (that means you can view it on your computer, tablet, phone or other mobile device)
  • has simpler menus
  • includes more forms you can complete online
  • is easier to print from

Most of our URLs  (webpage addresses) have changed so please update any links you have saved into your browser. Note that Member Online has not changed and can still be accessed from your bookmarks or any page of our site.

If you have any feedback on our new site or need help finding something, please call or email us, or catch us on AvChat.

AvSuper introduces a new investment option

On 1 July 2015, AvSuper is adding a new pre-mixed investment option called the Balanced Growth option to the range of member investment choice options available to those members who wish to exercise member investment choice*.

Introducing Balanced Growth

Balanced Growth asset allocationThe Balanced Growth option will comprise of investment exposure to 65% growth assets and 35% defensive assets. It is designed for members who want a reasonable exposure to growth assets balanced by a slightly lower weighting to defensive assets, with slightly lower expected investment risk than the default Growth (MySuper) investment option.  The Trustee considers that the new Balanced Growth investment option will best suit members approaching retirement who are looking to modestly reduce investment risk for their retirement savings, while continuing to obtain some exposure to growth assets.

The new investment option commences from 1 July 2015 and more detailed information will be available on our website from that time.

The right investment option for you will depend on your retirement needs, risk comfort and age. You can change your investment options by completing our Nominate /change investment options form, or you can change your investment options yourself via Member Online. Remember you do not have to make a choice, and if you don’t choose, your super will be automatically invested in AvSuper’s default investment options (being the Growth (MySuper) option for accumulation members).

Want to know more?

Please contact us with your questions or make an appointment with an AvSuper Member Advice Consultant if you would like to discuss your investment choice arrangements.

 AvSuper's Member Advice Solution

* Investment choice does not apply to defined benefit accounts.

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