You may not realise that you can choose where you invest your super.
Investment returns could make up 50% of your super balance at retirement. So making the right investment choice now, before you retire, is critical. Wherever you are in life, our aim is to deliver strong returns and help get you a better outcome, so you can retire with confidence.
How are market changes affecting your super? Our Chief Investment Officer Damian Graham explains in our latest Investment Update.
Key points:
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This is based on superannuation balance projections for our typical female member at age 21 as at 30 September 2024 projected to retirement age 67, invested in the Aware MySuper Lifecycle strategy. Results are based on today's dollars deflated using Average Weekly Ordinary Time Earnings (AWOTE) at 3.5% p.a. Contributions are modelled by applying the Superannuation Guarantee rate to the average salary of Aware Super members at each age. Investment returns are based on the Aware Super MySuper Life Cycle optionLifecycle approach, assumed to be CPI + 4% p.a. until age 55, reducing from CPI + 4% to CPI + 2.75% p.a. between the ages 55-65 (inclusive) and CPI + 2.75% p.a. from age 65 onwards. CPI is assumed to be 2.5% p.a. No admin fees and earnings tax are modelled as investment returns are assumed to be net of fees and tax. These projections are estimates for illustrative purposes only and is are not intended to provide a forecast or guarantee on outcome. It is a broad illustration of the steps a member could take, but the actions appropriate for an individual will vary depending on their personal circumstances. The case study is based on current regulatory requirements and laws, including tax rates, which may be subject to change.
We offer a number of investment options for you to choose from across different styles and levels of risk. This includes nine diversified investment options and six single asset class options which you can mix and match, depending on how hands-on you want to be in managing your super.
For Future Saver members, if you don't make an investment choice, we'll invest your super in our default MySuper Lifecycle approach. If you don’t make an investment choice, this is where we’ll invest your super.
Our members' retirements were in mind when we designed our Lifecycle approach. It tailors your investment mix based on your age. Your super is invested to maximise returns in your younger years, and reduce the impact of any large market falls as you approach retirement to help you retire with more.
We do this by focussing on investments that are designed to grow your super while you’re younger. Then we gradually reduce the level of investment risk as you get closer to retirement age.
Your investments gradually shift from higher risk growth assets like shares, to a more balanced mix of growth and defensive assets.
Who is MySuper Lifecycle suitable for?
Leaving the investment choice up to us could be the smart choice for anyone. It’s particularly helpful if:
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If you have a Retirement Income or Retirement Transition account and don’t make an investment choice, your super will be in be invested in our Conservative Balanced option. This option, has been designed by our investment experts with the needs of retirees in mind.
It aims to balance the need for capital growth to provide an adequate income, with the need for capital stability, by helping guard against large share market falls.
If you’d like to choose how your super is invested you can pick from our range of investment options in whatever percentage breakdown you like.
Choose from:
Visit our investment options page to compare all of our options.
Who is this suitable for?
A hands on, do it yourself investor, or someone who wants more control over where their super is invested.
Join our experts as they break down super and finances into easy-to-understand topics through our live webinar education series.
A financial planner can work through complex financial matters and help you create the right strategies to achieve your financial goals in retirement. They’ll explain any next steps, fees and charges before progressing.
With MySuper Lifecycle, as you get older, your investments will change to ensure they remain appropriately matched to your stage in life. This puts you in a better position to achieve your best possible retirement.
