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Is Local Government Super now active super?
The Fund name was changed to Active Super on 25 May 2021, in order to broaden its appeal to the public and grow its membership beyond the local government sector. The Trustee is solely engaged in the management and control of Active Super and its assets for the benefit of members.
Who can join local government super?
Everyone is welcome! Super and work go hand in hand. After all, your employer contributes at least 9.5% of your salary to it. Soon, your workmates can join LGIAsuper, and employers outside local government will be able to use LGIAsuper as their default super fund.
What is local government super USI?
Local Government Super’s USI Number is LGS0101AU.
How do I log into KiwiSaver?
There are a few simple ways you can get to the myKiwiWealth login page.
- Go to the Kiwi Wealth home page, select “Log in” in the top right corner, and choose “KiwiSaver and Managed Funds”
- Navigate to my.kiwiwealth.co.nz(opens in new window) in your browser.
What is local government super now called?
SYDNEY, 25 May 2021: Local Government Super (LGS) today announced it has rebranded as Active Super, while also reducing member administration fees and removing the switching fee, effective 1 July 2021.
Is active super not for profit?
Active Super is a Public offer Public Sector fund. Active Super has 8 investment options, 1 MySuper products authorised and 34% of its total assets are invested in a default or MySuper strategy.
Is active super good?
We have been named Best Green Super Fund in Money magazine’s Best of the Best Awards a record six times since 2012. Receiving this prestigious award numerous times has cemented us as an industry leader in responsible and sustainable investment.
Is Local Government Super An APRA fund?
Local Government Superannuation ABN Number: An RSE Licensee is provided to entity to denote that it has attained a RSE Licence granted by APRA under section 29D of the SIS Act.
What is active Super USI number?
Note: A USI (Unique Superannuation Identifier) is used so that you or your employer pays your super contributions into the correct super fund….Active Super has the following USI numbers.
| Active Super Account Based Pension | LGS0103AU |
|---|---|
| Active Super Defined Benefit Scheme | LGS0106AU |
How do I find out how much I have in KiwiSaver?
You can call 0800 KIWISAVER or, login to myIR. Here, you will be able to see your KiwiSaver account, including who your provider is.
When can I withdraw my money out of KiwiSaver?
You can usually start withdrawing from your KiwiSaver account when you turn 65. If you joined KiwiSaver or a complying superannuation fund before 1 July 2019, you may be subject to a five-year membership requirement before you can start making withdrawals.
How much superannuation do I need?
ASFA estimates people who want a comfortable retirement need $640,000 for a couple, and $545,000 for a single person when they leave work, assuming they also receive a partial age pension from the federal government. For people who are happy to have a modest lifestyle, this figure is $70,000.
Who owns active super?
Active Super administration details
| Fund’s RSE licensee | LGSS Pty Limited |
|---|---|
| Fund type | Public Sector |
| Year Started | 1997 |
| RSE licensee ownership type | Nominating organisation ownership |
| RSE licensee profit status | Not for profit status |
What is local government super called now?
Active Super
SYDNEY, 25 May 2021: Local Government Super (LGS) today announced it has rebranded as Active Super, while also reducing member administration fees and removing the switching fee, effective 1 July 2021.
What is an APRA fund?
APRA regulated fund types The Australian Prudential Regulation Authority (APRA) supervises regulated superannuation funds (other than SMSFs), Approved Deposit Funds and Pooled Superannuation Trusts, all of which are regulated under the Superannuation Industry (Supervision) Act 1993. (SISA).
What is Local Government Superannuation?
Local Government Super is a specialist provider of superannuation and account-based pension products for all members of the community. Local Government Super offers three retirement-related products to choose from: There are a lot of benefits available to Local Government Super members who have a personal super account, including:
How do I sign up for a local government Super account?
You can sign up for a Local Government Super account by clicking on its products in Canstar’s superannuation comparison tables and then sign up online on its website, or call 1300 547 873 (available Monday to Friday between 8.30am and 5 pm).
What is active Super accumulation scheme?
Active Super, previously known as Local Government Super, was originally established to provide retirement benefits to employees of NSW Local Governments in 1997 and is now a public offer industry fund. The Active Super Accumulation Scheme is one of multiple divisions offered by the fund, which includes Defined Benefit and Pension schemes.
Why is it called active Super?
“Active Super was chosen as the name as it captures our long-standing active pursuit of investments that deliver solid long-term returns for members that have a positive impact on the world, as well as our active involvement with our members and their local communities.