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Is Statewide Super an industry fund?
Statewide Super is privileged to service 148,000 members, 29,000 employers and manage over $11.7 billion in funds under management, as at 30 September 2021. As an industry fund, Statewide Super welcomes new members, regardless of location or industry.
Who owns hostplus super fund?
the Australian Hotels Association
Our past and present. Founded by the Australian Hotels Association and the United Workers Union1 in 1988, Hostplus has grown to be one of the largest super funds in Australia.
Can I access part of my super?
If your super balance is less than $1,000 you can withdraw up to your remaining balance after tax. You can only make one withdrawal in any 12-month period. If you have reached your preservation age plus 39 weeks and you were not gainfully employed when you apply, there are no cashing restrictions.
Which is better AustralianSuper or hostplus?
AustralianSuper Balanced has better long-term returns and lower fees than Hostplus Balanced, but Hostplus offers more low-fee index investment options to choose from. Compared these popular industry funds side-by-side.
What is a reasonable amount of money to retire with?
Retirement experts have offered various rules of thumb about how much you need to save: somewhere near $1 million, 80% to 90% of your annual pre-retirement income, 12 times your pre-retirement salary.
What does the merger mean for statewide Super and HOSTPLUS members?
Statewide Super members and their contributing employers now join nearly 1.5 million members and 282,000 contributing employers as part of Hostplus. We believe the merger will create an opportunity for greater scale and cost efficiencies, which both funds believe will result in enhanced member choices, services, and outcomes.
Who can join statewide Super?
Statewide Super is an industry fund originally designed for South Australian employees, however it is now open to everyone to join. Default insurance options. Eligible members will get default insurance cover when joining the fund with no medical exams.
What is statewide super fund?
Statewide Super is a South Australian Industry Super Fund open to members in all states. No reviews yet. Write a review Updated Nov 16, 2021. What changed? We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Who is responsible for the management of statewide Super?
Joined Statewide Super: 25 August 2008 Along with the Investment Committee, Con is responsible for managing Statewide Super’s over $10 billion in funds under management.