- Parent -5
- Fixed
- Accordion
- Experience Fragment
- RTE
unpublished
Transition to retirement income stream
The Age Pension and Social Security payments
Release 11 doc test title update
THis is a description added.
Investment Fund A Performance data
As a fund with over $170b in funds under management$, we know the impact we can make for our members - and it's a responsibility we don't take lightly, not ever.
- answers to common questions about retirement
- real-life stories from other members
- activities to help you plan ahead
- a retirement planning checklist
Information callout
Fees for advice are based on needs and complexity. Fees range between $2,800 and $8,000. This includes GST
Tax parcelling method selection removed
The Product Disclosure Statement (PDS) dated 2 November 2023, offered three methods for tax parcel selection, this feature has not been implemented and will no longer be available.
The ability to choose a tax parcel selection method will be removed from the Aware Investment Funds, and only the default First In, First Out (FIFO) method will be used for tax parcelling and processing.
The Maximum Gain/Minimum Loss and Minimum Gain/Maximum Loss options will be removed as tax parcel selection methods.
You can, however, apply other tax parcel selection methods to calculate your own capital gains or losses as appropriate. We recommend you seek independent tax advice based on your personal circumstances and needs to help understand your tax parcelling options.
Aware investment fixed interest fund (Class A and B)
Pending termination of the Aware Investment – Fixed Interest Fund Class A and Class B, all transaction activities have been suspended from 6th June 2024.
(test's)
My Retirement Planner™ helps you maximise your savings to prepare for retirement, whether that’s two or 20 years away. More than just a calculator, it provides different scenarios and shows how you can reach your retirement goals.
It’s a great tool for members – and non-members too.
If you’ve only got a few minutes to spend thinking about your super, we reckon this is the best way to spend it. Check out our latest super helpful update, where we cover updates from the world of super, the headline news on markets and how your money has performed to March 2024.
[F1] Chant West Super Fund Fee Survey 30 June 2024, High Growth [81-95% in growth assets] investment option index and $50,000 account balance. Fees and costs can vary from year to year. Past fees and costs are not a reliable indicator of future fees and costs. Fees and comparisons may differ for other investment options and account balances.
We’re back! Join us for the next episode of our Super Helpful Market Update. Our panel of investment, advice and retirement gurus have the latest numbers, stats and headlines and dig into how your money performed in financial year 23/24.
Spoiler alert, the last financial year was a really positive year for our members.
Retirement goals are different for everyone, but thinking about the question is a great first step towards retiring with confidence. In our Retirement Guide, you can find: test 1
- answers to common questions about retirement
- real-life stories from other members
- activities to help you plan ahead
- a retirement planning checklist.
My Retirement Planner™ helps you maximise your savings to prepare for retirement, whether that’s two or 20 years away.
More than just a calculator, it provides different scenarios and shows how you can reach your retirement goals.
It’s a great tool for members – and non-members too.
H2- 34px/600w- Administration fees and costs
Paragraph- 16px/ 400w-These cover the costs of administering and Magenta the fund.
BOLD & underline & Deep Purple-Future Saver super account deep purple
If you have a super account (also known as an accumulation account) you pay:
- an account-keeping fee of $52 per year, plus
- an administration fee of 0.15% of your account balance each year, up to a maximum of $62.50 per month ($750 per year).
- Special character here ( ©@#$%^&*'s)
H2 statement Headline-48px, 600w. Retirement Income and Retirement Transition accounts
If you have a Retirement Income or Retirement Transition account-Internal Link you pay:
- an account-keeping fee of $52 per year, plus external link
- an administration fee of 0.23% of your account balance each year, up to a maximum of $125 per month ($1,500 per year).
- We pay these fees and costs from the fund or they are deducted from underlying investment vehicles before we calculate an investment option’s unit price; they’re not deducted directly from your account.
- The tables summarise the annual investment fees and costs and transaction costs for each investment option.
Plus administration costs paid from reserves that are not otherwise charged as administration fees of 0.01% pa1.These costs are not directly charged to your account but have reduced the reserve balance held by the fund to cover future administration costs superscript
Tooltip text- 14px-This amount is based on the 2022-23 financial year and is rounded to the nearest two decimal places. The actual amount will change from year to year and may be more or less than the amount shown
1 Disclaimer tect -12px-This amount is based on the 2022-23 financial year and is rounded to the nearest two decimal places. The actual amount will change from year to year and may be more or less than the amount shown.123 subscript
Term deposit rates effective to 11 October 2024
Once funds are invested in a term deposit, you are generally locked into the term deposit. This means you can’t switch or withdraw those funds until the term deposit matures (ends).
15% tax is deducted from the interest paid on term deposits for:
- Future Saver accounts
- Retirement Transition accounts.
Scroll table horizontally on mobile
| 3 months | 6 months | 9 months | 12 months |
|---|---|---|---|
| 4.90% pa | 4.90% pa | 4.80% pa | 4.75% pa |
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Contains tag. A top-10 return of 8.83% p.a. over ten years to 30 June 2024 is great news for our members in our High Growth option. Past performance is not an indicator of future performance.*
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No tag. Money magazine’s Ultra Long-Term Performance and Super Ratings Retirement Offering of the Year winners for 2024. Visit our trophy cabinet.
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Money magazine’s Ultra Long-Term Performance and Super Ratings Retirement Offering of the Year winners for 2024. Visit our trophy cabinet.
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With new tag. My Retirement Planner™ helps you maximise your savings to prepare for retirement, whether that’s two or 20 years away.
More than just a calculator, it provides different scenarios and shows how you can reach your retirement goals.
It’s a great tool for members – and non-members too.
White card
Retirement goals are different for everyone, but thinking about the question is a great first step towards retiring with confidence. In our Retirement Guide, you can find:
- answers to common questions about retirement
- real-life stories from other members
- activities to help you plan ahead
- a retirement planning checklist.
Transparent
We’re back! Join us for the next episode of our Super Helpful Market Update. Our panel of investment, advice and retirement gurus have the latest numbers, stats and headlines and dig into how your money performed in financial year 23/24.
Spoiler alert, the last financial year was a really positive year for our members.
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Make a withdrawal online
You can make a withdrawal online, select from one of the options below
Helping you get retirement ready
My Retirement Planner™ helps you maximise your savings to prepare for retirement, whether that’s two or 20 years away.
More than just a calculator, it provides different scenarios and shows how you can reach your retirement goals.
It’s a great tool for members – and non-members too.
Your super helpful guide to retirement
Retirement goals are different for everyone, but thinking about the question is a great first step towards retiring with confidence. In our Retirement Guide, you can find:
- answers to common questions about retirement
- real-life stories from other members
- activities to help you plan ahead
- a retirement planning checklist.
make updates!
Claim deduction
Investment performance
Over time, your super balance will go up and down depending on how your investments perform. Super investments generally include things like shares and as a result, they are impacted by fluctuations in financial markets. It’s normal for super balances to go up and down from time to time. That’s why it’s important to remember that super is a long-term investment.
You can find out how your investment options are performing at any time. We list investment performance from the past month, through the last 10 years.
Invest in your future
Understanding how investments work can help you feel more in control of your super. You can choose where and how your savings are invested. This decision can make a difference to how much money you’ll have when you retire.
Choose our MySuper Lifecycle investment approach or your own mix of investment options.
Book an appointment for tailored financial advice
Get one-on-one professional guidance and a tailored approach to help your reach your goals. We can help you navigate complexity, assess your risk tolerance, make smart financial decisions, and prepare you for retirement.
Get one-on-one professional guidance and a tailored approach to help your reach your goals. We can help you navigate complexity, assess your risk tolerance, make smart financial decisions, and prepare you for retirement.
Get one-on-one professional guidance and a tailored approach to help your reach your goals. We can help you navigate complexity, assess your risk tolerance, make smart financial decisions, and prepare you for retirement.
Pop Up- Profile
Roslyn joined our board in 2019. She was jointly appointed by the Secretary of Premiers and Cabinet and the Secretary of Treasury. Updates made
Roslyn is a professional company director in financial services. She has more than 25 years’ experience in the super industry. Her expertise includes insurance, investment management, risk management and governance.
Before joining our board, Roslyn held many leadership roles in super. Roslyn began her career at the ISC (now Australian Prudential Regulation Authority). She was CEO of the Harwood Super Fund for 12 years. Roslyn was also a director at the Association of Superannuation Funds of Australia (ASFA) and has held other superannuation fund directorships.
Aware Super roles and responsibilities
Director
Chair, Audit, Risk and Compliance Committee
Member, Investment Committee
Member, Direct Assets Committee
Other
Life Member, ASFA
AIST Trustee of the Year 2022
Qualifications
Bachelor of Business (Acctg), University of Southern Queensland
Trustee Fellow, ASFA
Graduate, Australian Institute of Company Directors (AICD)
Certified Practising Accountant, CPA Australia
Graduate Diploma in Applied Corporate Governance, Governance Institute of Australia
ASFA Accredited Investment Fiduciary
Diploma of Superannuation Management, Macquarie University
Pip Carew
Director
Pip joined our board in 2018. She was appointed to the board by the Australian Nursing and Midwifery Federation (Victorian Branch).
Pip is a passionate advocate for healthcare workers. Before joining Aware Super, Pip had a long career as a clinical nurse in Victoria, working in public, private and community settings as well as aged care facilities.
After this, Pip began a career in industrial relations and held the role of Assistant Secretary of the Australian Nursing and Midwifery Federation (Victorian Branch) for 10 years.
Pip has also been a director of HESTA Super Fund.
Aware Super roles and responsibilities
Director
Member, Member Services Committee
Member, People, Remuneration & Governance Committee
Qualifications
Graduate Australian Institute of Superannuation Trustees (adv)
Graduate Diploma in Health Sciences, RMIT
Bachelor of Arts, Monash University
Certificate of Nursing
Stewart Little
Director
Stewart joined Aware Super’s board in November 2022. He was appointed by Unions NSW.
Stewart has represented the interests of public sector workers for more than 20 years. He understands the workings of government and has excellent relationships with ministerial and department staff. Most recently, Stewart provided leadership to the Public Service Association executive and senior management teams.
Stewart was previously Senior Industrial Officer, for the Public Service Association of NSW. In 2016 he was elected General Secretary and is now responsible for the industrial representation of more than 39,000 public sector employees. Prior to that, Stewart also held senior roles with the Police Association of NSW.
Aware Super roles and responsibilities
Director
Member, People, Remuneration & Governance Committee
Member, Member Services Committee
Repeatable content
What else you can do online?
- Check your account balance, fees and transactions
- Change your insurance cover
- Make extra contributions
- Update your address and phone number
| Contribution type | Percentage of tax you pay |
|---|---|
Employer contributions These are super contributions paid by your employer. |
|
Salary sacrifice This is money your pay to your super account from your before-tax income. |
20% |
Personal contributions Any contributions you make from your take-home pay. |
100% |
Personal deductible contributions After-tax contributions made from your take-home pay for which you have claimed a tax deduction. |
15% |
Spouse contribution Super paid by you to your spouse’ super account, or to your account by your spouse. This is a contribution made by money from take-home pay, which means tax has already been paid. |
1% |
| Government co-contribution |
5% |
Transferring super This is when you consolidate your super into one account. |
12% |
Investment earnings This is the money your super earns. |
8% |
Another simple way to apply for income protection cover if you don’t already have it, is to apply through IP Express. IP Express gives you more benefit period and waiting period options than Basic Plus Cover.
To apply, you’ll need to answer some simple questions about your employment, health and lifestyle.
Icon Block- no URL
Another simple way to apply for income protection cover if you don’t already have it, is to apply through IP Express. IP Express gives you more benefit period and waiting period options than Basic Plus Cover.
To apply, you’ll need to answer some simple questions about your employment, health and lifestyle.
Another simple way to apply for income protection cover if you don’t already have it, is to apply through IP Express. IP Express gives you more benefit period and waiting period options than Basic Plus Cover.
To apply, you’ll need to answer some simple questions about your employment, health and lifestyle.
Ion Block- no URL
Another simple way to apply for income protection cover if you don’t already have it, is to apply through IP Express. IP Express gives you more benefit period and waiting period options than Basic Plus Cover.
To apply, you’ll need to answer some simple questions about your employment, health and lifestyle.