We’re incredibly excited to have completed our merger with VISSF and to be able to officially welcome you to the fund.
Aware Super and VISSF have a strong cultural alignment, as well as similar values and member bases, which are key ingredients of a successful merger.
Aware Super is the largest superannuation provider for the primary and secondary education sector, supporting more than 200,000 members, which is approximately half of all Australians employed in the education and training sector.*
As VISSF joins the Aware Super family you can feel assured that you are joining a fund that understands your organisation and the needs of your employees.
Have questions? Contact our Employer Relations team
What does the merger mean for your organisation and your employees?
The transfer from VISSF to Aware Super took place on 1 December and we hope it will be a positive new chapter in the history of VISSF. For VISSF members this is a great opportunity to join a top performing fund1, with competitive fees2 and access to a wide range of products, investment options, advice and guidance.
For employers, being part of a larger fund also brings size and scale benefits, which include access to a range of new services and support, including:
- Free of charge clearing house and STP solutions
- Financial and wellbeing education for your staff
- Access to an easy-to-use employer portal
As a default employer you will benefit from a greater offering of services, both online and in the workplace, to help support your employees to improve their retirement outcomes.
Resources to help you
- A payroll pack with all the key information on the merger – download here
- Aware Super join forms for new members – download here
- New location to login to make SG contributions – click here
- If you have made contributions in error for a member and wish to have these contributions refunded, the form you need to complete can be found here
- Frequently Asked Questions here
*Based on Aware Super membership of 212,000 members employed by the Department of Education, and the Education and Training sectors. Australian FTE education and training figures based on data available at Australian Bureau of Statistics, 2020. Schools. Table 50a: Number of In-School Staff by Function, Sex and Affiliation, States and Territories, 2006-2020. https://www.abs.gov.au/statistics/people/education/schools/2018. All figures used include teaching staff, specialist support staff, administrative staff and building/maintenance staff.
1. Our Accumulation Growth option delivered an average annual return of 9.79% for the 10 year period ending 31 August 2021 (SuperRatings Fund Crediting Rate Survey for the SR50 Balanced (60-76) Index), compared to the SR50 Balanced (60-76) Index median (46 funds) of 8.99% for the same period. Returns are net of investment fees, tax and implicit asset-based administration fees. Past performance is not a reliable indicator of future performance.
2. The total annual fee (inclusive of admin and investment fees) for our Accumulation Growth option is 1.04% p.a the overall average is 1.35% p.a Chant West Super Fund Fee Survey, June 2021, based on a $50,000 balance in a Growth option.