Your Faith Fund of Choice

Anglican Super is specifically designed for employees of Anglican & Christian faith based organisations, their families and communities. With a view to support and be there every step of the way from early career through to retirement.

We're with you every step

www.mercer.com.au

Anglican Super & Mercer
Anglican Super partnered with Mercer to provide great value superannuation and retirement benefits as well as competitive insurance cover for our members in Anglican and Christian organisations.

The partnership with Mercer enables Anglican Super to bring insight and thought leadership to our employers and members backed by:

• One of Australia’s largest Super providers with over $26Bn in assets

• The world’s leading human capital consultancy firm

• A domestic and global leader in Ethical, Social and Governance investing.

Your super benefits

1. Compared to the fees charged in the Individual Section of the Mercer SmartSuper Plan in the Mercer Super Trust or median industry fund and retail fund market offers. For full fees and charges see Product Disclosure Statement (PDS). 2. SmartPath Cohort (born 1969-1973) compared to the median of all default funds reported in SuperRatings – Default Options survey March 2021. 3 Total but Temporary Disablement cover is not available for Spouse or Retained category members. See Product Disclosure Statement (PDS) for details.

Investing Your Super

Mercer SmartPath is the default investment option within Anglican Super. It takes a ‘whole of life’ approach and adapts your investment to suit your life stage, balancing age and risk.

When you are younger your super is invested to target growth, like shares. As you approach retirement your strategy is adjusted to increase protection from market volatility and defend your super by investing in more defensive assets, like cash and term deposits. The graph shows you how this works.

SmartPath will take you through to retirement with asset allocation changes right up until age 85.

Anglican Super offers a wide range of investment options within the Mercer Super Trust, including responsible and index funds – there is something for everyone.

Our default funds all comply with the ethical investment policy of the Anglican Diocese of Sydney.

If members wish, they can also choose to invest in a range of tailored ethical funds. You can have as much control as you like, knowing that you’re investing for good while still maintaining the returns you need for your retirement.

We've got you covered

Death & Total and Permanent Disablement (TPD) Cover

When you join the Plan, you can opt into receiving basic insurance cover for Death (including Terminal Illness) and TPD without the need to provide evidence of good health.⁴

Your amount of basic cover is based on 6 x your ‘Standard Insurance Cover’ (‘Standard insurance Cover’ is equal to 5% x your salary x number of years and complete months to your 65th birthday capped to a maximum of 20 years). Insurance structures may vary for categories 1, 2, 3, & 6 – please see relevant PDS or call 1800 682 525 for specific details.

Voluntary (additional) Death and TPD cover is also available for permanent employees and contractors to apply for if you need extra cover.

• Your death and TPD cover generally continues as a fixed dollar amount if you cease employment and transfer to the Retained section of the Plan.

• Cover is flexible so you can adjust, cancel or opt out of it at any time, although you will be asked to supply evidence of good health if you re-apply.

Total but Temporary Disablement (TTD) Cover

Permanent employees and contractors working more than 15 hours per week are able to opt into TTD cover. This benefit is also known as disability income cover. Where eligible, this cover provides a monthly benefit up to 75% of your annual salary, paid for a maximum of 2 years, after a 90 day wait period. Insurance structures may vary for categories 1, 2, 3, 5 & 6 – please see relevant PDS or call 1800 682 525 for specific details.

4. Conditions apply. See Product Disclosure Statement (PDS) for insurance details.

Managing your account is easy

View your account balance and recent transactions
Combine your super accounts
Check the performance of your investments
Update your beneficiaries
Review your insurance cover
Estimate your retirement income using our retirement income simulator

Changing jobs?

You can maintain your membership with Anglican Super regardless of where you work – you only need to advise your new employer of your Anglican Super membership number. To confirm or update your membership details please call 1800 682 525.

If you are moving between Anglican Super aligned employers or between parishes please contact your employer or Mercer for information on how to minimise disruption to your account and benefits.

Get involved!

The Anglican Super Board represents the members and associated employers of the Anglican Super plan and can be contacted at board@anglicansuper.com.au

You can also be a workplace ambassador for the fund, to learn how or more about the Anglican Super and Mercer please email your inquiry to AnglicanSuper@mercer.com

Chairman's Update

It has been nearly 18 months since our move to Mercer, a period that has aligned both with the Covid pandemic and the Federal Government’s legislative changes to the superannuation industry due to the Royal Commission. Through all this we are delighted with the Fund’s performance for members. Returns for the 12 months ended 31 July 2021 were 22.8%, compared to 18.4% of the Industry Median and 21.1% that would have been achieved had our investments remained in our former home.

This has all been achieved without dumping the solid foundations of Anglican Super:

Pioneers of ethical investment from the 1960’s (decades before it became mainstream) and we continue to see your savings within our MySuper default option invested with strict controls and screening related to controversial investments and unethical industries
Strict ethical guidelines that start by omitting the so-called ‘sin stocks’ then seek to invest where good can be done, all whilst earning a healthy return across 7 additional Sustainable Responsible Investment options.*
Our straightforward insurance program has been constructed with our members’ needs in mind, recognising their commitment to work, family, community and volunteer needs as people of faith.
Our costs are low as we utilise the scale of our partner, Mercer, to deliver administration services and general advice. Anglican Super offers highly competitive fees.

On a legislative front there has been the introduction of new Super comparison tools, fund performance tests and effective 1 November 2021 Stapling of Super accounts. The move to Mercer sees us remain confident in our partnership and the knowledge that what we created remains to be a leading proposition across the various sectors of industry and faith.

The APRA performance test (seeking to address underperformance) was recently released and I am very pleased to advise that APRA has confirmed the Mercer Super Trust Mercer SmartPath has passed the fund performance test for the year ended 30 June 2021.

While this is a marker of success, we are not intending to rest easy and will continue to work with our partners at Mercer to implement initiatives to ensure Anglican Super maintains its position as a leading industry solution.

As Australia recovers from the last 18 months, these key factors all combine so that we continue to serve you into the future. Not only that, we’re looking to share these benefits as we serve more and more members from the wider Anglican and Christian family.

Thank you for being a part of Anglican Super, Your Faith Fund of Choice.

James Flavin, Chairman
Anglican Super
September 2021

Become a member

Anglican Super is the default superannuation plan for employees of the Sydney Diocese and joining is easy.

New starters – select the default super box when joining your organisation.

Already an employee but not a member? Simply advise your HR or payroll team of your intention to join by providing them a copy of your completed ATO Super Choice form. Your payroll team will then advise Mercer who will create your membership, send you a welcome communication and help guide you to setup your new super account for your personal circumstances. For more information visit www.mercerfinancialservices.com.

Anglican Super is part of the Corporate Super Division of Mercer Superannuation (Australia) Limited (MSAL) ABN 79 004 717533 AFSL #235906 Trustee of the Mercer Super Trust ABN 19905 422 981. This information has been prepared and sent by Mercer Superannuation (Australia) Limited (MSAL) ABN 79 004 717 533, Australian Financial Services Licence #235906, the trustee of the Mercer Super Trust ABN 19 905 422 981. Any advice contained in this document is of a general nature only, and does not take into account the personal needs and circumstances of any particular individual. Prior to acting on any information contained in this document, you need to take into account your own financial circumstances, consider the Product Disclosure Statement for any product you are considering, and seek professional advice from a licensed, or appropriately authorised financial adviser if you are unsure of what action to take. Mercer financial advisers are authorised representatives of Mercer Financial Advice (Australia) Pty Ltd (MFAAPL) ABN 76 153 168 293, Australian Financial Services Licence #411766. ‘MERCER’ is an Australian registered trademarks of Mercer (Australia) Pty Ltd (Mercer) ABN 32 005 315 917. Copyright 2020 Mercer LLC. All rights reserved.

Your Faith Fund of Choice

We're with you every step

www.mercer.com.au

Your super benefits

Value for money

Strong investment performance

Super for life

Super for your family