Does Energy Super still exist?
Does Energy Super still exist?
Yes, Energy Super and LGIAsuper completed their merger on 1 July 2021. The merger has created a strong Queensland-based superannuation fund of around $22 billion, managed on behalf of approximately 120,000 members (combined figures from both funds, as of 30 June 2021).
Is Energy Super a good fund?
Since 2008, the Fund has earned a platinum rating for its service excellence, value for money and strong investment performance. SuperRatings awards funds a Platinum Rating for being well balanced across seven key assessment criteria.
What is a super spin?
A Superannuation Product Identifier Number (SPIN) is a number that was previously used to identify a super fund or scheme. The SPIN was replaced by the Unique Superannuation Identifier (USI) as part of Australian Government’s Stronger Super reform in July 2014.
Can anyone join Energy Super?
Anyone can join Energy Super You don’t need to be in the energy industry to join.
Who owns Energy Super?
Energy Super is proudly part of LGIAsuper, managing more than $24 billion in retirement savings on behalf of around 123,000 members (as at 1July 2021).
What type of super fund is energy super?
profit-for-member superannuation fund
The Fund is a profit-for-member superannuation fund with a legacy for employees working in the energy industry in Queensland.
How does energy super rate?
Fees overview 0.03% – 0.29% p.a depending on the investment option. The investment fees accrue daily and are deducted from the unit price for the relevant investment option you are invested in. 0.18% p.a.
What is my super fund ESA?
An Electronic Service Address (ESA) is an alias used by your SMSF Fund that acts as a ‘digital post office’ to receive messages sent by your employer. Contribution remittance advice is automatically sent to this address when employers pay your superannuation contribution into your SMSF bank account.
How many members are in energy super?
around 123,000 members
Energy Super is proudly part of LGIAsuper, managing more than $24 billion in retirement savings on behalf of around 123,000 members (as at 1July 2021).