MySuper membership
MySuper is an Australian Government super reform designed to allow super funds to provide a ‘simple super’ product to members.
You are categorised as an APSS MySuper member if you have either a Spouse or Rollover account in the APSS that has an investment in the Balanced option.
Being a MySuper member does not fundamentally change the way your super investment in the APSS works. It just means we must, by law, disclose things to you in a specific, prescribed way – for example, giving you access to the following ‘MySuper Dashboard', and you must automatically receive a minimum level of insurance (which you can opt out of or increase if you wish). Note that insurance cover is subject to eligibility requirements, cancellation, conditions and exclusions.
MySuper Dashboard
Balanced (MySuper) investment option
Use this dashboard to compare the APSS MySuper product to other MySuper products. Go to ASIC's MoneySmart websiteOpens in new window for more information on how to pick the right MySuper fund for you.
MySuper Dashboard Glossary
Return: The investment return over a previous financial year for a member with a $50,000 balance fully invested in Balanced (MySuper), net of any investment, administration and advice fees, costs and taxes.
Return Target: The target return represents the mean annualised estimate of the percentage rate of net return that exceeds the growth in the Consumer Price Index (inflation) over 10 years.
Fees and other costs: The estimated investment, administration and advice fees and costs deducted directly or indirectly from investment earnings from a member's account with a $50,000 balance fully invested in Balanced (MySuper) for the current financial year.