The Australian Eligible Rollover Fund is an eligible rollover fund (ERF) registered with the Australian Prudential Regulation Authority (APRA).
The Fund can accept member benefits from other super funds for people who may have lost contact with that fund or are no longer eligible for membership of that fund. All super funds are required by law to nominate an ERF to hold the balances of their lost or ineligible members.
The Fund is intended to be a temporary repository for transferred superannuation benefits, with the expectation that members will eventually find their lost superannuation and transfer their balance to their main super account.
Product Disclosure Statements> Annual Reports
The overall Fund is managed by Perpetual, one of Australia’s leading investment managers. Perpetual invests the Funds across a range of investment strategies offered by appointed investment managers.
The Fund is administered by Jacques Martin Administration and Consulting.
Reuniting members with their super
The main purpose of the Fund is to reunite members with their superannuation. The Fund runs a program of activities designed to help members achieve this and consolidate their benefits into their main super account.
Withdrawal of benefits
You can access your benefit as a lump sum (subject to meeting a condition of release under superannuation law) or transfer your benefit to another complying superannuation or rollover fund.
The Fund aims to achieve a return of CPI +2% per annum after fees, over rolling two-year periods. Find out more on the investment guidelines and strategy in the relevant Sub-plan PDS or in our frequently asked questions.
The investment guidelines for the Fund are:
|International shares (unhedged)||5%||2.5 - 7.5%|
||10%||7.5 - 12.5%|
|Australian fixed interest||20%||17.5 - 22.5%|
|International fixed interest||20%||17.5 - 22.5%|
|Diversified credit||10%||7.5 - 12.5%|
|Cash||20%||15 - 25%|
DEFINITION OF FEES
Full fee definitions, under the Superannuation Industry (Supervision) Act 1993 (SIS), of the fees and costs for the AERF, are available here.
Withdrawal of benefits
To rollover or withdraw your benefit from the Fund, download, print and complete the Benefit Payment Request Form.
Providing your tax file number
If you wish to notify the Fund of your tax file number, download, print and complete the tax file number notification form.
Do you have super benefits in the Fund?
If you have discovered that your super benefits have been rolled over to the Fund, you should read the Product Disclosure Statement (PDS). This provides information about the Fund’s investments, fees and earning rates.
Select the sub-plan that you belong to and download the relevant PDS.
- Sub-plan A (where the original transfer value of your benefit was less than $1,000)
- Sub-plan B (where the original transfer value of your benefit was $1,000 or more)
- Sub-plan M (where your benefit was transferred from a fund administered or provided trustee services by the National Australia Bank / MLC group of companies)
- Sub-plan REST (where your benefit was transferred from the Retail Employees Superannuation Trust (REST))
If you are unsure which sub-plan you belong to, please call 1800 677 424.
Additional queries may be answered in our Frequently Asked Questions section or by contacting the Fund Administrator:
- 1800 677 424 (within Australia)
- +61 2 8756 5573 (international callers)
between 8.30am and 5.00pm (Sydney time) Monday to Friday
Email inquiries may be directed to: firstname.lastname@example.org
HAVE QUESTIONS? Call 1800 677 424
Queries may be answered by contacting the Fund Administrator. Phone 1800 677 424 (within Australia) or +61 2 8756 5573 (international callers). Email inquiries may be directed to: email@example.com.