The following is a list of significant events that members have been notified of during the past three years.
Register of significant event notifications
2024 – 2025
| Effective date | Event | Communication date |
|---|---|---|
|
14 December 2024 |
Account holders of Guaranteed Income products to transfer to the Challenger Retirement Fund under a Successor Fund Transfer. For details, please refer to the below SEN:
|
27 November 2024 |
2023 - 2024
| Effective date | Event | Communication date |
|---|---|---|
|
1 July 2024 |
We’ve made changes to our Return Objective for Managed Cash and Risk Objective for certain Active Super investment options from 1 July 2024. For details, please refer to the below SEN: |
30 August 2024 |
2022 - 2023
| Effective date | Event | Communication date |
|---|---|---|
|
11 May 2023 |
We’ve made changes to our asset allocation and risk labels for the Accumulation Scheme, Retirement Scheme, Account-Based Pension Scheme and Defined Benefit Scheme. There have been small changes to asset allocation between growth and defensive assets. These changes will affect yearly projected returns, which in turn affects the risk label for the investment option. For further details, including the changes to the asset allocation and risk labels for each product, please refer to the relevant SEN: SEN Accumulation Scheme |
4 September 2023 |
2021 - 2022
| Effective date | Event | Communication date |
|---|---|---|
|
1 November 2022 |
We’ve made some positive changes to the insurance cover within your Active Super account, making it easier to increase cover when things change in your life, and we’ve also improved definitions in our Total and Permanent Disablement (TPD) cover. When you join Active Super, you’re automatically provided with default Death and TPD cover when you meet certain eligibility criteria (if you’re over 25 years of age and have at least $6,000 in your super account). This is known as Basic cover. Generally speaking, if you want to increase your insurance cover with Active Super you need to apply for Voluntary Insurance cover and go through an application process known as underwriting. This involves completing forms about your health and other lifestyle factors, and in some cases may also involve a medical checkup. When your life changes significantly, your insurance needs may change too. The good news is that from 1 November 2022, if you experience a certain ‘life event’, you can apply for additional cover without underwriting. |
24 October 2022 |
|
1 July 2022 |
Active Super is committed to delivering value for money to our members. Last year, we let you know that we reduced our administration fees for the second year running, and we also removed switching fees. Now, to improve transparency, we’re changing the way we disclose our admin fee. Based on our modelling, we don’t expect your admin fee to materially change. Plus, we’re removing two fees altogether. |
27 June 2022 |
