YourChoice Super caters to those who want to be in the driving seat for their super with all of the advantages but without the complexity of running their own super fund.
Build your super wealth during your working life and be paid during your retirement with the option of keeping the same asset portfolio with YourChoice Super. YourChoice Super provides you with flexible investment options, competitive fees, optional insurance cover and convenience of 24/7 online access.
The following investment option(s) offered by YourChoice Super failed the Australian Prudential Regulation Authority’s (APRA) 2023 annual performance test for the first time:
Further information can be found on the APRA website – www.apra.gov.au/annual-superannuation-performance-test
About APRA’s annual performance test
From 1 July 2023, certain diversified investment options are subject to APRA’s annual performance test. The test measures the performance of these investment options against an objective, consistently applied benchmark determined by APRA. It compares the investment option’s earnings, less costs, with those of a similar investment option over the same period. It does not consider your personal situation, fees, or tax.
The test is intended to hold trustees accountable and protect members for underperformance through greater transparency. Where an investment option fails the performance test in two consecutive years, the trustee will be prohibited from accepting new members into that option.
Members invested in these options will be notified with further information.
YourChoice Super is a great choice for your superannuation retirement savings.
YourChoice Super offers a diverse and flexible range of investment options, including pooled investment options and super wrap investment options including cash hub, direct shares, term deposits, managed account and managed funds.
The Secure Online Portal provides online access and allows you to manage your super:
YourChoice Super offers group insurance (including default cover and voluntary cover) and retail insurance covering death, total and permanent disability (TPD), and income protection cover. You’re also able to opt out of cover, opt-in to cover, transfer existing cover, or vary your cover. Limited cover, exclusions and other conditions may apply.
We can help you find lost super, rollover super from your existing super fund or consolidate multiple super accounts. Before doing so, we recommend that you seek financial advice to consider any potential loss of existing insurance or other benefits you may have with your existing super fund.
YourChoice Super accepts various contribution payment methods to make it easy for you, your spouse or your employer to contribute to your super.
You have an opportunity to supplement your income while you are still working through a transition to retirement pension account once you reach your preservation age.
YourChoice Super can stay with you throughout your entire working life and into retirement. If you change jobs, just ask your new employer to contribute to YourChoice Super.
Here is a list of links to external sites that may be of interest. These links provide general financial information and may change without us
Many Australians choose to take out group life and/or income protection insurance through their superannuation fund to protect themselves and their families at times when
For many of us, the Government’s early access to super scheme has been essential to survive the fallout from COVID-19, but now is the time
Our office hours are from 8:30am to 5:30pm weekdays.