A message from Deanne
There is little doubt that 2020 will go down as one of the most challenging and disruptive years in our living memory.
The severe drought and devastating bushfires earlier in the year, combined with the ongoing coronavirus pandemic, have meant that our health, financial wellbeing, economy and environment, have all been threatened to one degree or another.
Reflecting on this trying time, one of the things that has inspired me the most is our many members who work tirelessly on the front line in response to crises such as these – members who care for us, protect us, educate our children and keep our communities safe. I thank you for your courage and am honoured to serve you.
Strong results in challenging times
We want to make sure that your hard work is rewarded and take the job of protecting your future nest eggs seriously.
Despite extremely volatile and uncertain investment market conditions this year, we delivered positive one-year returns in most diversified options for both accumulation and pension members. Whilst these returns are lower than in previous years, we believe it’s a solid outcome, considering the turmoil in the markets. This means our fund continues to be one of the top-performing* super funds in Australia.
Importantly, super is about the long term, and, despite the short-term volatility, we have continued to deliver strong long-term returns to our members, with above-median performance over the longer time periods for our Capital Stable, Moderate and Balanced diversified options**.
Changes that make a positive difference
To sustain strong long-term returns, one of the key investment philosophies of our team is to invest responsibly. This year we launched our Climate Change Portfolio Transition Plan, which sets clear targets for transitioning the investment portfolio to a lower-carbon future and divesting from thermal coal.
These decisive actions and solid commitments are designed to shield members’ retirement savings from the long-term risks of climate change that may impact our investment portfolio, and help achieve strong, sustainable returns in the future for all our members – whether you are retired today or not likely to retire for decades to come.
A new brand
As we look to the future, we’ve also thought deeply about the need to combine our multiple brands into a single, recognisable name. Not only will this reduce costs to members over time, but it also unifies our member base, and best represents who we are today and who we strive to be in the future.
This brand was chosen in consultation with many of you and echoes our purpose of being a force for good for our members, their communities and the world we live in.
Read more about why we chose Aware Super.
And remember, we’re always here to help
Despite much change in the industry, investment markets and the world, our commitment to you, our members, is unwavering. Over the last six months, there have been record numbers of calls made to us by members, and over 30,000 members have made advice appointments. In these tough times, it’s important you know we’re here for you.
We feel incredibly proud to serve our members and invest to provide you with strong long-term returns, as well as a positive impact on the communities and economy in which we live, work and retire.
Chief Executive Officer