Don’t want your super to move to the new Lifecycle Investment Strategy?
All you need to do is log in to your online account and switch your super out of the Lifecycle Investment Strategy and into the investment options of your choice. You can also do this in writing using our Make an investment choice form.
Note: if you do this, you’ll no longer be invested in the Lifecycle Investment Strategy and your super will no longer automatically switch in line with your birthday. If you change your mind in the future, you can simply perform another switch online or by using the form.
Other good news
Did you know? We’re also reducing our fees from Thursday, 25 March 2021. The fixed administration fee you’ll be charged will be reduced by 50% from $104 to $52 per year. This means, a 44 year old member will have saved an extra $1,196 in fees, creating an extra $2,3141 at age 67. As you can see, saving now with less administration fees makes a difference over the long term!2
Turn to Mine
If you have any questions about these changes, or would like to make an appointment with Mine Super Financial Advice, please call us on 13 64 63 or email email@example.com.
1 Assuming a 5% annual investment return compounded over the period.
2 This calculation does not factor in individual circumstances such as salary, personal contributions or other fees and costs associated with holding a super account. Source Moneysmart.gov.au