Spring is a busy time in the world of super – we’re preparing statements, writing our Annual report and preparations are underway for our Annual members’ meeting, where I hope to catch up with as many of you as possible. You should have already received your invitation – and as with previous years, we’d love for you to join us in person at the State Library, or online if you can’t make it in person. This year has been exceptionally busy, as we’re also working with our counterparts at Active Super on preparing for the planned merger in the second half of next year. The merger won’t mean a lot of immediate, visible changes for our current Vision Super members –but we will be working to extract merger synergies, and over the longer term we will be hoping to see scale benefits from being part of a larger fund. You can find out more at any time by visiting the merger page on our website: https://www.visionsuper.com.au/merger/.
I’ve been working in the super industry for a while now, and over that time it sometimes seems like the only constant has been constant change! Superannuation rules and regulations shift to support public policy outcomes – for people who don’t work in the industry, keeping up to date with the changes and working out how to get the most out of your super can be hard.
We see educating our members as a fundamental part of what we do, and we know financial security is a top priority for most people. But a lack of knowledge can lead to missed opportunities, inadequate retirement savings, and even financial insecurity in old age.
That’s why we’re excited to introduce on-demand educational content that can help you stay up-to-date with the state of play and make informed choices about your retirement. You can read all about it in this update.
Another focus for us here at Vision Super is cyber security. We do everything we can to keep your money safe, but this is an area where we need your help too – knowing the signs of a scam and being cautious about giving out your details is an important part of protecting your super savings. We’ve included an article with some information about protecting yourself against fraud and scammers. Also in this update is the usual investment update, where you can find out about how the market’s performing and the outlook ahead.
Looking forward to seeing you at the Annual members’ meeting,