Significant member events
The following is a list of significant events that members have been notified of during the past three years.
2019 - 2020
| Effective date | Event | Communication date |
|---|---|---|
|
1 October 2019 |
Insurance Changes Effective 1 October 2019, there will be an increase in the cost of LGS insurance cover. Insurance premiums for Death and Total and Permanent Disablement insurance will increase by 7%. There is no increase for Salary Continuance insurance premiums. This increase is due to the impact of the ‘Protecting Your Super’ legislation. |
23 August 2019 |
|
24 September 2019 |
Closure of Sustainable Australian Shares investment option We regularly review our investment options to make sure we’re providing a selection of appropriate and cost-effective investment options for our members. As a result of a recent review, the Sustainable Australian Shares investment option will be closed effective 24 September 2019. |
9 August 2019 |
2018 - 2019
| Effective date | Event | Communication date |
|---|---|---|
|
30 April 2019 |
Closure of DIY Investment Option Effective 30 April 2019, the DIY Investment Option will be closed as our provider will no longer be offering this service. |
23 November 2018 |
2017 - 2018
| Effective date | Event | Communication date |
|---|---|---|
|
30 September 2017 |
Fee changes and fee disclosure Effective 30 September 2017, there will be a small increase in some member fees. There will also be changes to the way fees are disclosed in line with the new ASIC RG97 requirements. |
23 August 2017 |
2016 - 2017
| Effective date | Event | Communication date |
|---|---|---|
|
1 April 2017 |
Insurance changes Effective 1 April 2017, changes are occurring to the insurance cover for Accumulation Scheme members. The changes include:
|
30 January 2017 |
