Long before the Keating-led government made compulsory superannuation mandatory in 1992, AustSafe Super had already recognised the need to help people save for a comfortable retirement. Fast forward three decades, that philosophy remains and as we get set to turn 30, we’re continuing to help rural and regional Australia achieve financial security when they need it the most.
This year marks a very special milestone for AustSafe Super – it’s our 30th anniversary. Founded in 1988, the Fund began operations with under 1,000 members and $100 million funds under management. Three decades later, it now represents a total of 100, 000 members and $2.4 billion funds under management.
Delivering better outcomes for our members and employers
In the last year, we’ve continued our track record of delivering strong investment returns and held even more seminars for members and employers. We also introduced a number of significant product improvements, including the launch of our new Mobile App.
In the 2016-17 financial year, we delivered strong investment returns for members with 11.12% p.a. for the MySuper (Balanced) investment option, and 13.41% p.a. for our Pension Balanced investment option1.
Our efforts haven’t gone unnoticed with the Fund collecting several industry-based awards and accolades throughout 2017. AustSafe Super was named Best Growth Super Fund in the Money Magazine Best of the Best Awards, as well as being a finalist in the Rainmaker Selecting Super Awards’ Innovation Award for Millennial Superannuation. This year, the Fund ranked 2nd out of ten in the top ten performing growth funds for the 12 months to 31 December, 2017, capping off a stellar period of growth.
Celebrating 30 years of growth
In our 30th year, there will be a number of exciting developments. Our valued members and employers are encouraged to keep an eye out at austsafe.com.au, as well as follow us on Facebook and Instagram for the latest updates.
1Past performance is not a reliable indicator of future performance.
This editorial is general information only and does not take into account your individual objectives, financial situation or needs. You may also wish to seek the advice of a qualified financial planner. Please also read the relevant AustSafe Super Product Disclosure Statement (PDS) before making a decision in relation to the product available at austsafe.com.au which summarises important information about being a member of AustSafe Super.
Austsafe Pty Ltd ABN 96 010 528 597, AFSL 314183 is the Trustee of AustSafe Super ABN 92 398 191 503