An industry leader in 10-year investment performance
Our Income account won Money magazine's Pension Fund Manager for 2019.3
QSuper has adopted the Insurance in Superannuation Voluntary Code of Practice. Our insurance arrangements within the QSuper Accumulation account product will be covered by the Code, include:
QSuper already meets many of the Code’s standards listed below and we will be fully compliant with the following sections of the Code by 1 July 2021. We will also provide updates when each standard is met.
QSuper’s transition plan will be subject to any statutory obligations and may need to be amended accordingly.
To protect the financial wellbeing of our members, QSuper offers some of the highest levels of default insurance cover amongst industry funds. Due to this, we have opted out of section 4.9 of the Code. Section 4.9 states that the cost of automatic insurance benefits should not exceed 1% of the estimated level of salary for our membership generally.
We have opted out of this section because:
On this basis, opting out of this section of the Code is in our members’ best interests.
We are continually looking at ways to make our superannuation product insurance services even better for our members and are proud to be helping more than 400,000 members protect their future via insurance cover.
Log in to Member Online or check your latest benefit statement to see your current insurance level.
Use our insurance needs calculator to determine how much insurance you might need.
Log in to Member Online to change your insurance or use our insurance premium estimator to get an idea on costs.