Our purpose at IOOF is to understand you, look after you and help secure your financial future. We do this by putting you at the centre of everything we do and taking the time to understand what is important to you. By understanding what you want we can truly deliver what matters most to you.

The way our purpose comes to life for you is through our ClientFirst team. The person who receives your request will action and complete it for you, giving you direct contact with the one person from start to finish.

We offer you a premium super solution including:

• competitive fees
• extensive investment options including managed funds, shares and term deposits
• transfer into a pension account without capital gains tax implications
• flexible insurance options
• access to qualified financial advice.

Competitive fees

Enjoy discounted fees as outlined below.

Fees are inclusive of GST less any applicable reduced input tax credits. The full range of fees is available in the Product Disclosure Statement.
*If you do not nominate your own investment strategy, your money is invested in our MySuper default investment option, the IOOF Balanced Investor Trust. This option has target asset allocation of 70% growth assets and 30% defensive assets. If you choose your own investments, you will be classified as a Choice member.

Investment choice to suit your needs

Mix and match your portfolio from our large range of investment options or stay with our simple default fund. The choice is yours.

Insurance

We offer flexible insurance cover that can be tailored to your needs with features including:

• high maximum benefit levels
• cover available to age 75 for death and TPD cover
• three month waiting period for TPD benefits and no waiting period for 18 medical conditions
• a range of income protection benefit periods: 2 years, 5 years and to age 65
• a range of income protection waiting periods: 30, 60 and 90 days
• terminal illness benefit
• ability to customise your insurance cover
• if you need to make a claim, you’ll be given a dedicated case manager.

Save on tax

Unlike other super funds, your money is invested directly into your chosen option. Capital gains tax is only payable when you leave IOOF or change investments, rather than on an ongoing basis.

This means you can move to the personal super and pension divisions without paying capital gains tax or transfer costs.

Discounted pension

If you are an employee member aged 58 or over, you can open an IOOF pension account and enjoy a discounted administration fee of 0.10% pa. In addition, you won’t pay capital gains tax if you keep the same investment options.

Financial advice

Through the IOOF Education and Advice Team, our financial advisers can help you with simple, single issue advice, including investments, insurance, consolidation, contributions and pre-retirement planning. If you have more complex needs, we can put you in touch with a qualified financial adviser. Please contact us if you’d like to speak with an adviser.

Other benefits

• Family member discounts – Your family members (your partner, parents, children, siblings and the spouses of immediate family members) can enjoy a discounted administration fee of 0.10% pa while you are an employee member under the plan (discounted family fees apply to Choice members only).
• Manage your account securely online – Securely manage and update your account at a time that’s convenient for you. Access a range of information including your portfolio summary, record of transactions, switching, account information, statements and reports.
• Personalised service – We pride ourselves on delivering an exceptional level of service. We have a dedicated, locally based team ready to answer any of your queries and to assist you in taking control of your super.

More information

Please contact ClientFirst on 1800 787 372 or benstaffsuper@ioof.com.au.

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1 IOOF Balanced Investor Trust ranked 7th top performing growth option by Chant West for the 2018/19 financial year.

© 2020 FE Money Management. all rights reserved. the information, data, analyses, and opinions contained herein (1) include the proprietary information of FE Money Management (2) may not be copied or redistributed (3) do not constitute investment advice offered by FE Money Management (4) are provided solely for informational purposes and therefore are not an offer to buy or sell a security (5) are not warranted to be correct, complete, or accurate. FE Money Management shall not be responsible for any trading decisions, damages, or other losses resulting from, or related to, this information, data, analyses, or opinions or their use. FE Money Management does not guarantee that a fund will perform in line with its Fund Manager of the Year award as it reflects past performance only. Likewise, the Fund Manager of the Year award should not be any sort of guarantee or assessment of the creditworthiness of a fund or of its underlying securities and should not be used as the sole basis for making any investment decision. For more information about the methodology behind the awards visit https://fundmanagerawards.moneymanagement.com.au