As we approach the end of another year, I want to take a moment to thank you for your continued partnership and support. The festive season is a time to reflect, recharge, and reconnect – and it’s also a chance to acknowledge the important role you play in helping your employees build financial security for the future.

2025 has been a year of transformation and momentum. Together, we’ve navigated regulatory change, embraced new technologies, and continued to put members’ best interests at the heart of everything we do. I’m proud of the progress we’ve made – and even more excited about what’s ahead.

Before we all take a well-earned break, I’d like to share a few important updates to help you and your teams close out the year with confidence.

Strong, double-digit 3-year returns from IOOF Balanced Growth

IOOF's Balanced Growth investment option – our default MySuper investment option - delivered a strong return of 11.45% over 3-years to 30 September 2025. This return places the IOOF Balanced Growth option in the top 10 MySuper options surveyed over this period, as reported by SuperRatings.1 The option also returned over 9% for the 1-year to 30 September 2025.

The investment option’s strong performance was mainly driven by its exposure to global share markets, which have continued to perform well despite ongoing economic uncertainty.

But it’s not just share markets driving performance. The option also includes a mix of unlisted and alternative assets, which help spread risk and support long-term growth. This diversified approach means your super savings aren’t relying on just one part of the market to deliver results, making the investment option more resilient through different market conditions.

Read more about IOOF’s performance.

Payday Super – supporting you through the change

In August, we shared early insights into the proposed Payday Super legislation. Since then, the Payday Superannuation Bill has passed through both houses of the Australian Federal Parliament – meaning that from 1 July 2026, by law, employers must pay superannuation guarantee at the same time as they pay the wages to their employees.

We’ve been focused on helping employers prepare for this important change and will continue to do so over the coming months.

Our mid-November webinar brought together employer clients to explore what the change means in practice, and how to manage the transition smoothly. If you weren’t able to join us, the session recording and support materials are available on our dedicated Payday Super page.

We know this change may require adjustments to your payroll processes, and we’re here to support you in making it as seamless as possible – for your business and your employees.

A New Era: Reshaping the Future of Super & Retirement

In October, we welcomed over 200 attendees to our Employer Events in Melbourne and Sydney, sharing our renewed vision for super and retirement and our commitment to helping members achieve better outcomes.

These sessions marked a key milestone in our transformation journey, highlighting our reinvestment in brand, technology and advice. Through the lens of our 2030 Vision, senior leaders from across Insignia Financial outlined how we’re evolving to deliver more personalised, connected member experiences.

Speakers included:

Dave Woodall, reinforcing the strength of our family of super funds

Renee Howie, showcasing data-driven member engagement

Ashton Jones & Andrew Howard, sharing our focus on retirement innovation

Dan Farmer, providing a market and economic update

If you'd like to learn more about these events you can visit the A New Era: Reshaping the Future of Super & Retirement article.

Finding investment opportunities beyond the United States

In a year marked by change and opportunity, it’s important to pause and consider where the investment landscape is heading – and what that means for your employees’ retirement savings.

Our Chief Investment Officer, Dan Farmer, has shared a thoughtful update on global investment trends, with a particular focus on the evolving role of US markets. While American innovation continues to drive growth and attract capital, Dan highlights why it’s equally important to look beyond the US – especially as valuations rise and market concentration intensifies.

His note explores emerging opportunities in other regions, the risks of over-reliance on a handful of tech giants, and the implications of passive investing in today’s environment. Read more in Dan’s full update

Looking ahead with optimism

As the year draws to a close, I want to thank you again for your trust and collaboration. We’re proud to work alongside you in helping Australians build better retirement outcomes – and we look forward to continuing that journey together in 2026.

On behalf of everyone at IOOF, I wish you and your teams a safe, joyful, and well-deserved festive season.

Warm regards,
Dave Woodall
CEO, Superannuation

The information in this article is current as at November 2025 and may be subject to change.

1 SuperRatings Fund Crediting Survey, SR50MySuper Index as at 30 September 2025. Returns are calculated net of investment fees, tax and implicit asset-based administration fees. Explicit fees such as fixed dollar administration fees, exit fees, contribution fees and switching fees are excluded. Past performance is not a reliable indicator of future performance. Ratings are only one factor to be taken into account when choosing a super fund.

 

Important information
 

This article has been prepared by IOOF Investment Management Limited (IIML) ABN 53 006 695 021 AFSL 230524 as the trustee of the IOOF Portfolio Service Superannuation Fund ABN 70 815 369 818 (Fund). IIML is part of the Insignia Financial group of companies comprising Insignia Financial Ltd ABN 49 100 103 722 and its related bodies corporate (Insignia Financial Group). IOOF Employer Super is part of the IOOF Portfolio Service Superannuation Fund.

The information in this article is current as at November 2025 and may be subject to change. This information may constitute general advice. The information in this article is general in nature and does not take into account your employees’ personal objectives, financial situation or needs. Your employees should consider obtaining independent advice before making any financial decisions based on this information. It is recommended that you and your employees consider the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) before making any decisions about their superannuation. You can obtain the latest copy of the PDS (or other disclosure documents) and TMD by calling us on 1800 913 118 or by searching for the applicable product at ioof.com.au