Eligible Rollover Fund
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If your account balance is less than $500 and we do not receive contributions from you or on your behalf for three years, and you don’t give us instructions about what to do with your benefit, or if you do not respond to our letters, we may transfer your benefit to an eligible rollover fund. UniSuper’s eligible rollover fund is AUSfund.
AUSfund may have a different fee structure and investment and crediting rate policy from UniSuper and it does not offer insurance cover. AUSfund will invest your benefit in a low-risk option (predominantly in cash and short-term fixed interest investments). Member investment choice is not available in AUSfund. You should evaluate whether AUSfund is a suitable long-term investment for your super.
If your benefit is transferred to AUSfund, you will no longer be a UniSuper member and your insurance cover with UniSuper will cease. You will need to contact AUSfund directly regarding your benefit. You should refer to the AUSfund Product Disclosure Statement (PDS) for information on circumstances in which fees may apply.
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AUSfund contact details:
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If UniSuper loses track of you and you are under age 65 and your account balance is greater than $500, you will remain a UniSuper member but your details will be registered with the ATO Lost Members’ Register.
For more details please visit the Australian Taxation Office (ATO) website.
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