Understand your UniSuper statement

You will shortly receive your UniSuper bi-annual superannuation statement by email or through the post. Understanding your statement is a great way to take control of your finances.

The statement provides information about both the performance of the fund and your personal account information. Key inclusions are:

  • Investment options and performance: This is the part of the statement that your attention is likely to gravitate to first. This tells you how your fund has performed over the past six months.
  • Insurance cover: Have a good look at your cover and make sure that it's sufficient for your needs and circumstances. Also ensure that your beneficiary details are up to date.
  • Defined benefit calculation (for members of the Defined Benefit Fund): This provides a breakdown of how your defined benefit component is calculated, giving you a better understanding of what the benefit formula means to you.
  • Fees: Your statement will list any of the fees that UniSuper deducts from your super savings to make up for the cost of running the fund.

To better understand the statement and superannuation details, you can book an appointment with a UniSuper Superannuation Consultant.

If you have any questions about your statement, or want to better understand superannuation, you can call the UniSuper Member Service Team on 1800 331 685 or visit their tools and learning webpage

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