Welcome to our October Member Update.
There has been a lot of activity since our last update in July, and as always we remain very focused on delivering lower fees and competitive returns with a highly personalised level of service.
Welcome Leah!
Our newest Member Consultant, Leah Huang, started with us in June. Leah has settled in well and has already assisted numerous AvSuper members.
Investment returns over the 2022 financial year
You are probably aware that 2022 was a volatile year for investment markets and superannuation funds. The video of our webinar on this topic is available here. In this webinar, we discussed the one and ten year results against objectives. We analysed market volatility over the previous months, as well sharing our views on the outlook for the coming months and years.
For further investment information please read our monthly update here.
Would you like to speak with an adviser?
If you would like to discuss your superannuation, our Senior Member Advice Consultants are available to help you. You can book an appointment here or give us a call on 1300 128 751.
The Annual Report
The 2022 Annual Trustee Report to members is now available to download here.
Annual Member Meeting
This year’s Annual Member Meeting will be held online on November 22 at 4pm AEDT. The formal ‘notice of meeting’ will be sent in the coming weeks enabling you to register to attend. Don’t forget to submit your questions when you complete your online registration form.
Your Future Your Super Performance Assessment
It was very satisfying to report that the Growth (MySuper) option was assessed as meeting its benchmark under APRA’s latest performance assessment over the eight years to 30 June 2022. We are grateful to all members who have continued to support AvSuper over the last year. The year was very challenging and as such I would like to acknowledge the dedication and hard work of the entire AvSuper team and our strategic partners for their efforts in supporting you, the members.
Merger update
We are currently finalising the Due Diligence process with Commonwealth Superannuation Corporation (CSC). Once this is complete, we will work with CSC to seek government approval for the merger. We will continue to keep you informed as we work through this process, which is designed to ensure that members best financial interests continue to be maintained.
Staying safe online
While AvSuper was not exposed directly to the recent Optus data breach it is a timely reminder about keeping your personal information safe when online. Stay Smart Online is the Federal Government’s cyber security education portal. Learn how to improve your personal cyber security at staysmartonline.gov.au.
Questions
If you have any questions about any of the above, please contact us on 1300 128 751 or email us at avsinfo@avsuper.com.au
