pension

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 

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.

Good advice is easy to find

Decisions about money, especially making sure we have enough of it, can be stressful. Good financial advice can reduce your anxiety about your retirement income and give you confidence about your financial wellbeing.

How can we help?

It’s our job to help you make the most of your retirement income, which includes providing you with the right advice throughout your working life and now that you’re retired.

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.*

Federal Budget 2018: what it may mean for your super and retirement

The Turnbull Government announced the 2018-19 Federal Budget on Tuesday, 8 May 2018.

Removing compulsory life insurance from the superannuation accounts of young people and reuniting many Australians with their lost or inactive accounts were key measures.

For retirees, the focus was on helping both pensioners and self-funded retirees boost their income, with the Government expanding the Pension Work Scheme and allowing more people to access Centrelink’s Pension Loans (home equity release) Scheme.

STRONG INVESTMENT PERFORMANCE CONTINUES THROUGH FEBRUARY FLUCTUATIONS

In early February we saw significant falls in share markets, including sharp falls in the US, but markets recovered throughout the month. Australian super funds were not immune to the impact of these falls.

Media Super’s Balanced options experienced modest losses for the month of February (-0.19%^ for the Balanced MySuper option and -0.29%^ for the Balanced pension option) but we’re still on track to deliver our members solid returns for the financial year and beyond.

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