Remember, limited services apply from 22 April ahead of the APSS merger with Australian Retirement Trust on 30 April.

Quick Links

  • 06.12.2021 - Notice of Annual Members' Meeting - To be held 3 March 2022
  • 03.12.2021 - Answering members’ questions about the APSS's planned fund merger
  • 20.10.2021 - Your September quarter member newsletter Insight - Out Now!
  • 16.08.2021 - An introduction to Sunsuper video
  • 13.08.2021 - Annual Report 2021
  • 27.07.2021 - Member surveys to help us know and serve you better
  • 20.07.2021 - Your June quarter member newsletter Insight - Out Now!
  • 26.04.2021 - Your latest Insight - Out Now!
  • 26.03.2021 - APSS in merger talks with Sunsuper
  • 19.03.2021 - Do we have your current contact details?
  • 29.01.2021 - Take control of your super in 2021
  • 11.01.2021 - Happy New Year
6 December 2021

Notice of Annual Members' Meeting - To be held 3 March 2022

Members were sent a notice on 6 December 2021 inviting them to the APSS Annual Members’ Meeting covering the 2020-21 financial year. The meeting will be held on Thursday 3 March 2022 commencing at 5.30pm (AEDT). The notice includes the agenda for the meeting and other details about this members-only event.

Click the button below to 'Read More' and please register before the event at in new window  to confirm you will attend. To enable all of our members to join, this will be a virtual meeting conducted online via Zoom.

You may submit a question during your registration, or later. If you're sending your questions later, simply use  this email to send them through.

Read MoreOpens in new window

3 December 2021

Answering members’ questions about the APSS's planned fund merger 

We recently conducted research through an independent firm to evaluate how members are feeling about the planned fund merger that we have been exploring with Sunsuper, which we announcedOpens in new window to members in March this year. 

Since that announcement, we’ve provided members with further updates and a series of videos that you can find at our in new window web page. 

We are encouraged by the high level of awareness about the planned merger that the research showed among APSS members.  A majority of members surveyed also agreed that exploring a merger with Sunsuper is a good thing to do and were confident that it would be in members’ best interests. 

But it was also understandable to find that a proportion of members still have questions about the benefits of the merger.  After all, the same research showed that APSS members generally have high levels of satisfaction and trust in the way that the APSS looks after their super – so it is reasonable to ask why we should change.

Among those members, we found some particular themes in the questions they had about the benefits of a merger with a larger super fund:

  1. Is the fund merger really in members’ best financial interests? The Trustee’s decision to explore a merger with Sunsuper was based purely and simply on its goal to support better retirement outcomes for members by joining forces with a larger fund. A merger with a like-minded and growing superannuation fund like Sunsuper offers APSS members access to more choices, services and support to achieve their own retirement goals, while continuing their existing APSS benefits on a strong and sustainable foundation. Also remember, the Trustee won’t proceed with the merger until it has fully reviewed all the details and is satisfied that it meets its strict legal obligation to act in members’ best financial interests.
  2. Will APSS defined benefits be lost, will the APSS be swallowed up in a larger fund? No. If the merger proceeds, Australia Post would continue to support employees’ defined benefits and those benefits would continue to build up with service and final average salary as they do today. Australia Post would also continue to pay administration costs and the cost of providing death and total and permanent disablement cover for employee members. See Q5 and Q8 of our FAQsOpens in new window and watch this videoOpens in new window . A larger fund like Sunsuper ultimately has more resources to deliver individualised services to members based on their circumstances and preferences, including through access to personal superannuation advice.
  3. Does Sunsuper have the same values as the APSS? Sunsuper’s values and culture are closely aligned to APSS’s and it is one of the few funds in Australia with the skills and resources needed to manage defined benefits. This was a key requirement in the Trustee’s decision to choose Sunsuper as a potential merger partner, as well as its wide range of member services and investment capabilities.

  4. Will fees go up? As a profit-for-member fund, Sunsuper has competitive administration fees that don’t include any profit margins.  Australia Post will continue to cover the administration costs for employees who are in the APSS.  For other APSS members, Sunsuper’s administration fees are about the same as the APSS’s and are expected to reduce in the longer-term, as it grows in scale.  If the APSS continued to go it alone, its fees would most likely need to increase, as costs will have to be spread across a reducing number of remaining members.  

Thank you to all APSS members, almost one thousand, who participated in this research.  We hope that this update has helped but, if you still have questions or concerns, please contact usOpens in new window to share them so that we can address them directly with you.  

We look forward to providing you with more details about the planned merger in the New Year.   

Thank you!

20 October 2021

Your September quarter member newsletter Insight - Out Now!

Post retirement - So, what are your plans after work?

In the latest edition of your member newsletter, Insight, we describe how a typical APSS member, aged 56, could work up a financial plan to retire in nine years’ time at age 65. There’s an article on sustainability, which continues to shape the agenda for all investors, including super funds like the APSS, plus the usual investment round up (to the end of the September 2021 quarter) and more.

Read moreOpens in new window

16 August 2021

An introduction to Sunsuper video

Dave Woodall is Sunsuper’s Executive General Manager, Employer Growth. Dave joins Stephen Milburn-Pyle (Australia Post’s General Manager, Superannuation) in this video for a discussion about Sunsuper, how it operates and why they’re thrilled to be exploring a potential mergerOpens in new window with APSS.

Watch the videoOpens in new window

13 August 2021

Annual Report 2021

The past financial year has been historic for APSS members in more ways than one. Investment gains on APSS assets exceeded a billion dollars, as the world emerged from recession. We meanwhile announced that we have commenced discussions with Sunsuper about a potential merger to build on our proud tradition of protecting and growing your retirement benefits. Read about this and more in your latest Annual Report for the 2020-21 financial year.

Read moreOpens in new window

27 July 2021

Member surveys to help us know and serve you better

We continue to strive to serve you better. You can help us do that by providing feedback about your experiences dealing with our service representatives. We are currently conducting surveys of members who have called SuperPhone 1300 360 373 this year. If you're one of those members, then you may receive a call from an independent research firm called 'csba' and/or an email from APSS to survey your experience and consider how we can improve. We hope you can participate if asked, and thank you for your time. Please rest assured that your privacyOpens in new window is paramount as we conduct this important work.

20 July 2021

Your June quarter member newsletter Insight - Out Now! 

'Trust' and 'Safety' are cornerstones of Australia Post's corporate values. They are also values shared by everyone involved in operating your APSS super. In the latest edition of your member newsletter, InsightOpens in new window , we take you behind the scenes to explain the structures, checks and balances within both the APSS and our potential merger partner to safeguard your retirement benefits. 

In this latest edition of Insight, you will also find: 

  • An update on our planning around the potential mergerOpens in new window next year, and developments at Sunsuper, the leading super fund that we're exploring the merger with;
  • Information on the increased super contribution limits in the 2021-22 financial year for those of you looking to top up your member savings in the APSS;
  • An important update for Rollover and Spouse members planning to apply for additional insurance from 3 August; and
  • A reminder for all members about the importance of having up-to-date beneficiary nominations in place and not assuming your Will covers it. 

As always, we give you your quarterly investment updateOpens in new window , this time for the period up to 30 June 2021. 

Read MoreOpens in new window

26 April 2021

Your latest Insight - Out Now! 

One month ago, we announcedOpens in new window that we have entered into an agreement with one of Australia's largest and fastest-growing super funds, Sunsuper, to explore a potential merger of our funds as a way of powering your super. 

In the latest edition of your member newsletter InsightOpens in new window , we provide some more background about this, the trends driving superannuation mergers, and what it all means for APSS members. 

This edition also looks at some broader super industry changes coming in from 1 July 2021, including new before-tax and after-tax contribution limits. 

Another article considers how making a series of relatively small contributions can help someone rebuild super taken early during last year's COVID-19 pandemic. 

Finally, this edition also provides your regular quarterly investment update, this time for the quarter that ended 31 March 2021; a quarter that saw share markets continue to climb, helping to generate positive returns for the APSS's High Growth and Balanced investment options, while the Conservative and Cash options were flat. 

Read moreOpens in new window

26 March 2021

APSS in merger talks with Sunsuper

At the APSS, we are committed to delivering value for our members and have a long and proud tradition of doing just that.

Over the past several months, we have been exploring ways to create an even stronger, more sustainable foundation for you to build and live a secure and comfortable retirement, while continuing to safeguard your APSS benefits.

That has led us to enter into discussions with one of Australia’s largest and fastest-growing superannuation funds, Sunsuper, about a potential merger. 

Our aim with this proposed merger is to ensure that as a member, you will have a wider range of investment choices, services and advice to help you achieve your best retirement outcomes.  

You can read more, including frequently asked questions (FAQs) at in new window  

19 March 2021

Do we have your current contact details?

You may receive a call from us on a private line over the coming week about updating your contact details. Having your up-to-date contact details helps ensure we can send your communications electronically without delay, and that mailed out information reaches the right postal address. Don’t be concerned if you receive such a call.
You are not required to provide this information over the phone call. If you prefer, you can call us back on 1300 360 373 to provide your details. Or you can update the details yourself – just loginOpens in new window into your account and navigate to the Member menu, then click ‘personal details’ then ‘Update’.

However, if you do agree to update your details during the phone call, you will first be asked to validate your identity against our records. Once we have established your identity, we will ask you for your current contact details and we will update your member record. 
Your personal information is kept private. Please visit our PrivacyOpens in new window page for more information. 

29 January 2021

Take control of your super in 2021

For all the challenges that 2020 threw at us, all of the APSS member savings investment options ended the year with small but positive returns. Meanwhile, for employee members with defined benefits, they continued to grow in line with a formula that is not affected by financial market performance. For many in our community, the events of 2020 had a more lasting financial impact. Loss of income or work insecurity led to some of our members drawing money from their super under the Federal Government’s COVID-19 early release scheme. Others opted to switch their super into lower-risk investment options after the share markets fell sharply in March and may have missed out on the subsequent recovery. In the latest edition of Insight, your quarterly member newsletter, we offer some ways to take control of your super in 2021, especially if it has taken a backward step in the past year. We also provide the usual investment round up, including a summary of investment returns in the three months to 31 December 2021. Read moreOpens in new window

11 January 2021

Happy New Year

Wishing all our members and their families a happy, safe and secure 2021. Contact usOpens in new window if you need help understanding your APSS super or want to discuss your super planning within the APSS for the year ahead. Please note that we are not permitted to provide you with personal financial advice. If you're looking for personal financial advice, we suggest you start by reading the information about choosing a financial adviserOpens in new window on ASICs MoneysmartOpens in new window website.