super

Solid performance continues despite volatility

In a tough year for investing, where volatile share markets and global trade tensions impacted all superannuation funds’ returns, Media Super is continuing to perform comparatively well for our members. 

The Balanced (MySuper) option – in which most of our members are invested – is ranked second for the financial year and 12 months to 31 December 2018, according to SuperRatings.1 

Put that New Year’s motivation to work!

It’s a new year and we’re all feeling motivated, but unlike that new gym membership or deciding to deep-clean the house, getting on top of your super will be quick and painless. 

All you need is your laptop or phone and 30 minutes (comfy chair and a cuppa are optional). Ready? 

Check and update your contact details

Between our banks, insurance, utilities and all the other accounts we have these days, it can be easy to miss updating your contact details on some of these when you move or get a new number. 

Solid performance in uncertain times

Share market volatility and trade uncertainty continued through November, impacting the returns of all Australian superannuation funds. While Media Super was not immune to these falls, we are performing comparatively well for our members, primarily because of our downside portfolio protection strategies. 

Both the super and pension Balanced options ranked third for the financial year to date, with the super option ranking first – the best performing Balanced option in Australia - and pension option second over the last 12 months, according to SuperRatings.1&2  

Strong investment performance in a falling market

Despite increased volatility and significant share market falls in October, Media Super’s Balanced options – in which most members are invested – are still performing strongly.

Both the super and pension Balanced options have maintained positive returns for the financial year to 31 October 2018, and are ranked as the second top performers by SuperRatings.1&2

Top first quarter results for our members

We’ve had a fantastic first quarter for our members, with both our super and pension Balanced options, in which most members are invested, ranking as the top performers in Australia, according to SuperRatings.1,2

Media Super’s Growth3 and Stable4 options were also ranked number one by SuperRatings.

YOUR INVESTMENT RETURNS

Our Balanced (MySuper) option returned a strong 3.27%5 for the financial year to 30 September 2018, well ahead of the median return of 2.05%.1

Your home and super - First Homes & Downsizing

In 2017, the Federal Government announced several measures related to housing affordability and superannuation – the First Home Super Saver scheme and the downsizing contribution.

First Home Super Saver Scheme

The First Home Super Saver (FHSS) scheme was introduced to help first home buyers save for a deposit faster by taking advantage of the lower tax paid within super.

Important insurance changes you need to know

Having the right insurance cover to protect yourself and your family is an important element of your financial wellbeing. At the same time, we’re very aware that Australian households are increasingly concerned about meeting living expenses.1

Insurance through your super provides cost-effective cover and has the added benefit of being deducted directly from your super account, with no impact on your household budget. We want to ensure that we continue to provide our members with cost-effective, valuable cover that’s relevant to your work and life.

A TOP 20 PERFORMANCE FOR MEMBERS

In a year of continued global political uncertainty and escalating tensions over trade agreements, we saw numerous periods of significant market fluctuations. Despite the ups and downs, Media Super has again delivered strong investment returns for our members, with both our super and pension Balanced option returns well ahead of the median for Australian super funds*. 

According to independent agency SuperRatings, the 2017-18 returns for Media Super’s Balanced (MySuper) option, in which most members are invested, ranked in the top 20.*

New financial year resolution: Get your super into shape

As we kick off the new financial year, many of us are making financial resolutions. The usual suspects include setting a budget (and sticking to it!), finding a better credit card deal, saving for that holiday – but what about your super? 

Here are four simple steps you can take to get your super into shape this financial year. 

1. Check your contact details

Australians lose an average of $2,592 a year* each by not keeping our contact details up to date on super accounts. Over your working life, that can really add up. 

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