IMPORTANT CHANGES TO OUR MYSUPER INVESTMENT PRODUCT
At Active Super, we believe in being active in how and where we invest and from 1 October 2021, we’ll be making some changes to our MySuper investment product that aim to maximise your super.
The changes will happen automatically, so you don’t need to do anything.
To find out how the changes could affect you, select the age you will be on 1 October.
I will be on 1 October 2021
If you have not made your own investment choice, you’re currently invested in the MySuper High Growth product which returned 23.69% in the last financial year. On 1 October you will continue to be invested in the MySuper High Growth product, which will now be called Lifestage - Accelerator.*
*Please note that past performance is not a reliable indicator of future performance.
There are two ways to invest with Active Super. You can either choose your own investment mix through our Choice Investment product. Or you can leave the investment decision to us, putting your money into our My Super product, the Age-Based Investment Strategy, which automatically adjusts investment risk according to your age. It’s the age brackets in our MySuper product that are changing.
Prefer to make your own Choice?
The changes are designed to give members a better chance of retiring with more super. You can read about them in detail in this significant event notification.
If, after reading and considering these documents fully, you decide they’re not for you, you can switch to any of the Active Super Choice Investment options.
Switching is easy and it’s free. Simply log into Member Online or call Member Services and we can talk you through the process. We recommend, however, that you talk to a financial adviser before making any changes to your super investments.
From 1 October we’ll also be changing the names of our Choice Investment products. You can find out more about these changes here.
This significant event notice is issued by LGSS Pty Limited (ABN 68 078 003 497) (AFSL 383558), as trustee for Local Government Super (ABN 28 901 371 321) (‘Active Super’). The information in this document is general only and does not take into account your investment objectives, financial situation or particular needs. Before making a decision about any product mentioned in this document, you should consider whether it is appropriate for your personal circumstances and, if necessary, seek professional advice. You should also refer to the relevant Product Disclosure Statement available at activesuper.com.au or by calling us on 1300 547 873.