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welcome to your latest member update!
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Wow, what a start to 2020.
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Late last year, we reminded you about being cyber aware and keeping your account secure. If you haven't already done so, we suggest you look at updating all your important passwords, including the password you use to access member Online.
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As always, we invite you to call, email or AvChat with us to ask questions about your super and any legislative changes, or just to keep in touch and give us your super ideas.
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---REMINDER: KEEP YOUR INSURANCE ---
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Under new laws, some members' insurance cover will cease on 1 April 2020 to ensure their super is not eroded by duplicate or unnecessary fees. We have contacted the relevant members, but remind you that you can choose to keep your cover (within our usual terms and conditions).
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--- LIVING OVERSEAS?--- Did you know that AvSuper insurance can continue for up to three years while you live out of Australia?
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If you want cover to last longer than that, or have been overseas for longer and want us to stop deducting insurance fees, please contact us as soon as you can to discuss your situation.
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--- UPDATE YOUR DETAILS ---
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- your contact details (make sure important news gets to you)
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--- CASH INVESTMENTS --- As an asset class, cash is currently providing low returns and expected to stay with low returns for a longer than usual timeframe. We have updated our understanding cash fact sheet to outline what is happening and what options you may want to consider.
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Our Member Advice Consultants regularly visit cities across Australia. If you would like to catch up with an adviser when they visit the following areas, please call 1300 128 751 to book an appointment.
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Perth, Townsville, Cairns
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Byron Bay, Ballina, Gold Coast, Adelaide/Parafield
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Investment returns (net of investment fees & taxes) to 31 December 2019
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5 year return (annualised)
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1 year return (annualised)
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7.5% |
15.7% |
2.6% |
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4.2% |
7.3% |
1.1% |
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5.5% |
9.9% |
1.5% |
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12.3% |
2.0% |
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8.7% |
20.4% |
3.5% |
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8.0% |
20.1% |
1.3% |
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9.0% |
21.1% |
5.4% |
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1.8% |
1.6% |
0.3 |
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You can view our weekly returns online at any time. Past performance may not be an indicator of future performance. Taxes generally do not apply for income stream accounts. # Your income stream will be invested in our Growth (MySuper) option if you don’t make an investment choice. * The Balanced Growth option was introduced on 1 July 2015 and the Diversified Index option was introduced on 1 July 2019 The investment returns for the quarter and the financial year to date detailed above are real investment returns for the period shown, not annualised or ‘per annum’ returns which may differ from the numbers above.
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Contact us p. 1300 128 751
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Genuine AvSuper emails will not ask for your log in details. Please refer to the email and security information on our website. You are receiving this email as an AvSuper member. You can unsubscribe from some AvSuper emails but please note that we will continue to send you updates when we are required to do so by law.
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This information is of a general nature only and does not take into account your personal objectives, situation or needs. Before making a decision about AvSuper, consider your requirements, our privacy statement and the relevant Product Disclosure Statement (PDS). For a copy call us or download one from www.avsuper.com.au. AvSuper Pty Ltd (ABN 46 050 431 797, AFSL 239078) is the Trustee of the is the Trustee of the AvSuper Fund (ABN 84 421 446 069).
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