Investments don’t come much longer-term than super. For some people it’ll be 50 years or more. So it’s likely you’ll want to make some changes along the way.
We’ve made it really easy for you to make changes to your investment mix, by giving you an unlimited number of fee-free switches1 between our wide range of investment options.
There are a number of ways to change. You can switch your current balance, or just your future contributions or make changes to both. And you can invest in one option or multiple. It’s up to you. If you have an Income account you can also change your chosen investment options for payments and withdrawals.
Just go to the Investment section of Member Online. Refer to the Investment Choice Guide for more information.
There are no fees, and you can switch whenever you like1.
The types of investments you choose can make a significant difference to what you end up with in retirement. So it’s worth understanding your risk and return profile, before putting together your investment mix.
Your investment switch becomes effective from the day we receive your notification. The exception is if it’s received after 3pm (Queensland time) or on a Brisbane non-working day (weekends or Brisbane public holidays). If that’s the case, the switch will be considered as being received the following Brisbane working day.
The unit price applied to your switch will be the unit price two working days after a valid switch application is received by QSuper.
Switching your investment options can affect how much money you’ll have for retirement. So it’s a good idea to get professional advice before making any changes. If you’re a QSuper member you can access personal advice from QInvest2.
You can withdraw your investment switch request before 3pm (Queensland time) on the Brisbane working day we receive it, but not after that time. To withdraw a switch that you’ve made using a form, please get in touch with us before 3pm. Go to Member Online to withdraw any switch instructions you’ve made through Member Online.
1. We do keep an eye on the number of switches you make, as too many can be bad for you, the Fund, and other members. If we notice this is happening, we do have the right to limit the number of switches you make. However we aren’t responsible for failing to impose a limit on the number of switches you make.
2. QInvest Limited (ABN 35 063 511 580, AFSL and Australian Credit Licence number 238274) is ultimately owned by the QSuper Board (ABN 32 125 059 006) as trustee for the QSuper Fund (ABN 60 905 115 063). It’s a separate legal entity, responsible for the financial services and credit services it provides.