|
| |
Business Super Further Information
Employees have a range of different needs, investment knowledge and attitudes towards investment risk. In recognition of this, Super Directions for Business offer a wide range of investment options and managers to choose from.
- Five Multi Manager Diversified Portfolios – Your employees select the portfolio which best suits them – one that matches their risk profile. By selecting a Multi Manager Diversified portfolio with pre-determined asset allocation, they will spread their risk across a number of investment sectors and the investment managers with complementary styles of management. For further details talk to your financial planner.
- Four Multi Manager Sector Portfolios – Your employees may choose to build their investment strategy using sector portfolios, spreading their investment and risks across all the investment managers offering investment in their chosen sector.
- Eleven Individual Manager Portfolios – For those employees who have a high degree of investment sophistication or are prepared to seek professional advice, they may wish to select a number of individual sector managers from a variety of sectors, this way they manage the risk across both managers and investment sectors.
- Default Portfolio – To cater for employees who choose not to elect a personalised investment strategy for their fund the Balanced Portfolio investment strategy will apply.
- Member Protection Portfolio – for members whose balances are less than $1,200. Members will not be charged a member fee or a contribution fee (and any contribution commission will not be payable on contributions). Group Life Premiums will be charged if applicable. The underlying investment strategy for this portfolio (managed by Alliance Capital) involves investing in money market securities, which may include bank bills, floating rate notes and securities issued by major banks.
Insurance benefits provide employees and their families with the knowledge that they are covered financially for unforeseen events. Super Directions for Business provides the ability to choose four broad insurance options:
- Automatic Acceptance Limits
- Take Over terms
- Continuation of insurance cover
- Terms and conditions
Please talk to your financial planner for further details.
Industrial Relations Consideration |
Many companies operation under either a State or Federal Award. If an employer is subject to an Award there may be super provision requirements as part of that award. To ensure your company does not breach your award AXA offers access to a contracted Industrial relations expert who is able to assist in this area.
| |
|
