IOOF Employer Super
A true lifetime super solution
IOOF Employer Super is a true lifetime super solution that you can take from job to job and through to retirement without incurring capital gains tax, other transfer costs or inconveniences
Key features
- Choose from over 500 investments, or the default MySuper compliant investment strategy, the IOOF Balanced Investor Trust
- Flexible insurance options at competitive rates
- Simple, transparent and competitive fees
- Friendly, helpful and personalised service
- Transfer from super to pension without selling down assets and incurring capital gains tax
Benefits of investing with IOOF Employer Super
Broad range of investment options
Not only can you choose from more than 200 managed investments, but you can also choose to invest in shares and a variety of term deposits.
A true lifetime solution
You can take your IOOF Employer Super account from job to job and through to retirement without incurring capital gains tax, other transfer costs or inconveniences.
We are one of only a handful of plans to offer this feature, which is extremely beneficial to you – especially at retirement.
Transparent and competitive fees
We’ve put a lot of time and effort into fine-tuning our operations to deliver fair and competitive fees. Our fee structure is completely transparent – all clearly visible and there are no hidden fees. All fees are paid from your cash account, so it’s easy for you to see exactly what is being charged at any time.
Flexible insurance options at competitive rates
Our flexible approach is designed to deliver a fit for all members. You can choose:
- Death only cover
- Death and Total & Permanent Disablement (TPD)
- Income protection
Our default cover provides quality, tax-effective, flexible cover at competitive rates –ensuring peace of mind for you and your family. What’s more, this level of cover has automatic acceptance limits and no health checks, making insurance even easier.
If the default cover doesn’t suit, you can tailor your insurance to suit your needs. The choice is yours.
We offer tailored income protection options where you can shorten or extend waiting periods and be compensated accordingly. For those who are after our basic level of cover there are no health checks making insurance easy.
Find out more about insurance
Education and advice
Members can gain access to fully qualified financial advisers for simple, single topic advice about super that doesn’t require a comprehensive financial plan. This includes advice on:
- consolidating your super
- the different ways you can add to your super, how this affects your tax position, whether you qualify for any tax incentives, and what contribution limits apply to you
- helping you ensure you have adequate insurance cover within your account for your lifestyle
- how to choose an investment option that suits your needs.
Achieving your goals is easier with the right advice
How to join
If you’re joining the employer division, your employer will typically arrange for you to join automatically. So you don’t need to do a thing.
If you’re looking to join the personal division, follow these three simple steps:
- Download and read the IOOF Employer Super PDS.
- Download and complete the application form and return it to us.
- Once your account is open, you’ll need to tell your employer to pay contributions into your new account. To do this download the ‘Choice of Fund’ form, complete it and return it to your payroll department.
After you join we'll send you a welcome pack with all your account details as well as a booklet on how to get the most out of your super.
If you need help at any stage, contact your financial adviser or speak to our Client Services Team.
Highly rated super fund
The continued endorsement by respected ratings agencies and associations illustrates how IOOF Employer Super is well positioned to meet the needs of our members.