Corporate Super

Corporate Super

If you’re a member of Corporate Super, your employer has given you access to a flexible, cost-effective super solution – with a range of features and benefits for you.

If you have not made an investment choice, your super may change with the government’s new MySuper regulations. Visit our MySuper microsite to find out what the changes may mean for you.

This product is closed to new employer plans and new members.

Please note:
As of November 2013 this product was closed to new employer plans and new members of existing plans. All new plans and members have since been established in ANZ’s MySuper compliant product, ANZ Smart Choice Super. Since that time, all contributions to default members’ accounts have been directed to an ANZ Smart Choice Super account which has been established for them. By January 2016 the OnePath Corporate Super accounts for most members will have been closed and their investments and insurance, if any, will have been transferred to ANZ Smart Choice Super.

Overview

Key Features

  • A wide choice of over 55 investment funds with unlimited free switching
  • Access to comprehensive insurance cover for death, disablement and income protection
  • Access to InvestorBenefits – with exclusive banking, lifestyle and entertainment offers for members

Have you considered?

Features

For members of Corporate Super, we offer an extensive range of member services including:

  • an online Member Super Centre that has everything all available conveniently in one place
  • an interactive online financial education, calculators and seminars
  • access to InvestorBenefits - OnePath's exclusive health, banking, lifestyle and entertainment member benefits package
  • hassle-free rollover assistance from other super funds they may have elsewhere
  • helpful and efficient telephone and online customer service
  • the ability for members to keep many benefits when they change jobs

Wide investment choice

Corporate Super allows members to choose from of over 55 different investment funds - spread across a wide range of investment styles and asset classes.

These include single manager, multi-manager, sector specific, diversified, index, ethical, alternate, domestic and international investment funds.

OptiMix A range of OptiMix Manage the Managers (MTM) funds - both single sector and multi-sector
OnePath  A range of Multi-manager and single sector funds designed by OnePath
Leading fund managers A range of investment funds, managed by a selection of leading fund managers

Competitive and flexible pricing

With access to group rates negotiated with OnePath, Corporate Super offers exceptional value for members.

Type of fee or cost Amount (after-tax)

Establishment Fee

Nil

Contribution Fee

The Contribution Fee is tiered, based on the annual total employer plan contributions.

Amount

Fee (After tax)
First $250,000 0% to 3.06% (0% to 2.60%) of
each contribution

Amounts over $250,0000

0% to 2.18% (0% to 1.85%)
of each contribution

The Contribution Fee is negotiated between you, the employer and the plan’s financial adviser and OnePath Life.
If applicable, this fee is deducted from any initial, additional and regular contributions when made.

When a member transfers through to Corporate Super- Personal, any Contribution Fee will cease.

Withdrawal Fee

$60 ($51 net)

Termination Fee

Nil

Issuer

0% p.a to 0.59% p.a (0%p.a to 0.50% p.a after tax)

Expense Recovery

0% p.a to 0.24% (0% p.a to 0.20% p.a after tax)

Member Fee

0% to $60 p.a ($0 p.a to $51 p.a after tax)
For Corporate Super – Personal members $65.88 p.a ($56 p.a after tax)

Requirements  

Minimum average annual contribution per member

$1,500

Minimum additional investment

$250

Minimum switch

$250 per investment fund

Minimum withdrawal

$1,000

Minimum regular contribution

$250 (per month or quarter)

Minimum account balance following partial withdrawal

$5,000

Your super is in good hands

Corporate Super continually receives recognition for excellence by the leading independent industry research houses and consultants. These include The Heron Partnership ‘Heron 5 Quality Star Rating’, Chant West rating of 5 Apples and the Selecting Super Quality Rating of AAA.

   

For more information refer to http://www.chantwest.com.au, http://www.selectingsuper.com.au, http://www.heronpartners.com.au

Fund performance

Forms & brochures

Updates

Product update Effective date

  End of financial year 2016 – documents availability (60kB PDF)

September 2016

  Corporate Super Standard Risk Measures 2016 (32kB PDF)

August 2016

  End of financial year - key dates (87kB PDF)

June 2016

  Annual Australian Prudential Regulation Authority (APRA) Levy and Stronger Super Levy (87kB PDF)

April 2016

  Insurance - update to the Duty of disclosure for new and existing members (87kB PDF)

December 2015

  Changes to strategic asset allocation for Perpetual funds (87kB PDF)

November 2015

  UBS name change November 2015 (60kB PDF)

November 2015

  Changes to the OnePath Alternatives Growth Fund  (42kB PDF)

September 2015

  End of financial year document availability update  (159kB PDF)

September 2015

  UK Pension Transfers to the OnePath MasterFund  (42kB PDF)

August 2015

  End of financial year document availability  (159kB PDF)

July 2015

  Important information: Employer contribution obligations for SuperStream compliance (262kB PDF)

July 2015

  Corporate Super Notifiable Events - June 2015 (236kB PDF)

June 2015

  End of financial year cut-off times  (262kB PDF)

May 2015

  Product Update - 2015 Annual Australian Prudential Regulation Authority (APRA) Levy   (20kB PDF)

May 2015

  Corporate Super/Integra BlackRock Scientific Diversified Growth Fund   (20kB PDF)

October 2014

  New underlying investment manager for the OnePath Global Emerging Markets Shares Fund  (20kB PDF)

November 2014

  Changes to strategic asset allocation for Perpetual funds  (20kB PDF)

October 2014

  2014 Annual Statements - Additional explanatory notes  (20kB PDF)

October 2014

  SIS Act Superannuation Insurance Changes  (20kB PDF)

July 2014

  Removal of member protection on small balance superannuation accounts - Corporate Super (63kB PDF)

March 2014

  Privacy law changes (20kB PDF)

March 2014

  2013 Annual Statements – additional explanatory notes  (63kB PDF)

August 2013

 Government increases to the Australian Prudential Regulation Authority (APRA) Levy (143kB PDF)

August 2013

 Update to Product Disclosure Statement: Standard Risk Measures (104kB PDF)

July 2013

 Change of underlying fund for the AXA Global Equity Value Fund (63kB PDF)

July 2013

 Reduction to Withdrawal Fee from 1 July 2013 (104kB PDF)

July 2013

 Product update and continuous disclosure (44kB PDF)

July 2013

 OnePath and OptiMix Diversified Funds – updated disclosure for Alternative Assets (44kB PDF)

July 2013

 BlackRock Asset Allocation Alpha Fund update – transition to a replacement fund (41kB PDF)

June 2013

 Strategic asset allocation changes to the OnePath Capital Stable and One Path Capital Guaranteed Funds (41kB PDF)

June 2013

 BlackRock Asset Allocation Alpha Fund - termination date extended (47kB PDF)

April 2013

 Update – BlackRock Asset Allocation Alpha Fund (41kB PDF)

March 2013

 AXA funds to adopt AMP branding (44kB PDF)

November 2012

 Corporate Super Amendment - Legg Mason Global Equity Fund (17kB PDF)

November 2012

 2012 Annual Statements – additional explanatory notes (57kB PDF)

September 2012

 Product Disclosure Statements – legislation changes 2012 (42kB PDF)

July 2012

 Update on Challenger – introducing Fidante Partners  (41kB PDF)

June 2012

 Strategic asset allocation changes to BlackRock Scientific Diversified Growth fund (48kB PDF)

April 2012

 Corporate Super and Integra Super – product update February 2012 (49kB PDF)

February 2012

 OnePath Significant Event Notice 27 Feb 2012 (68kB PDF)

February 2012

 OnePath Significant Event Notice 17 Feb 2012 (68kB PDF)

February 2012

Notification of termination and wind-up of investment funds (32kB PDF)

February 2012

Change to underlying manager of international shares for Perpetual funds (54kB PDF)

September 2011

Flood levy on lump sum superannuation payments from 1 July 2011 (56kB PDF)

August 2011

2011 Annual Statements – additional explanatory notes (64kB PDF)

July 2011

Important update – OnePath Protected Growth Fund and OnePath Protected Growth Fund No.2 (58kB PDF)

July 2011

Schroder Balanced fund (70kB PDF)

April 2011

FAQs

How can I make personal contributions to my super?

Click here (70kb PDF) to find out more.

Where can I find out more about superannuation and other investment fundamentals?

Visit the Super Learning Centre to access a range of tips, tools and calculators which can help you gain a better understanding of your super. Watch an online tutorial or use a calculator to learn more about the basics of super, how much super is enough and how you can reach your retirement savings goals.

Where can I find more information about the Choice of Superannation Fund legislation

Choice of Superannuation Fund legislation has been introduced by the Federal Government to allow employees, with some exceptions, to choose their own super fund for their Superannuation Guarantee contributions – putting them in control of what could be their biggest source of retirement savings.

The ability to choose a superannuation fund commenced on 1 July 2005

You can find out more about Choice of Superannuation Fund by:

If you already have your superannuation with OnePath, you are well placed in the Choice of Superannuation Fund environment, and can feel confident that you are supported by one of the largest providers of superannuation and insurance in the Australian marketplace. With OnePath, the choice is already yours!

  • Choice of a wide range of individual investment options
  • Choice of over a dozen of the world's leading investment managers from Australia and around the world, including OnePath and OptiMix Manage-the-Manager Portfolios
  • Choice to switch between investment options at any time
  • Choice to structure your portfolio in line with your financial needs and goals
  • Choice of insurance options that can include Death Only cover, Death and TPD, and Group Salary Continuance
  • Choice to roll-over your super on retirement into a selection of pension products, ensuring significant tax benefits
  • Choice of on-line and telephone servicing
  • Choice to learn more about super and investing at any time, through OnePath’s online education tutorials.

Choice of Superannuation Fund, Fund Nomination Form and Letter of Compliance for Corporate Super can be found by visiting the publications and forms.

Trustee and fund

Trustee Fund

OnePath Custodians Pty Limited
ABN 12 008 508 496; AFSL 238346; RSE L0000673

OnePath MasterFund
ABN 53 789 980 697
RSE 1001525

Retirement Portfolio Service
ABN 61 808 189 263;
RSE R1000986

Important Information: This information is current at July 2012 (unless otherwise stated above) but may be subject to change. Updated information is available free of charge by contacting Customer Services. This information has been produced by OnePath Custodians Pty Limited (ABN 12 008 508 496, AFSL 238346, RSE L0000673). The information provided is of a general nature and does not take into account an investor's personal needs, financial circumstances or objectives. Before acquiring, disposing or deciding whether to continue to hold a product, investors should consider the relevant disclosure document and any product updates which are available at anz.com or by calling Customer Services.

The information in this document is our interpretation of the changes and does not represent taxation advice. Please see your adviser for independent advice taking into account your individual circumstances.