Understanding MTAA Superannuation Fund Details

MTAA Super is a superannuation fund designed for the Australian automotive industry, with over 100,000 members. It was established in 1999.

The fund is self-managed, which means that the MTAA Super board is responsible for making investment decisions. This approach has allowed the fund to offer competitive fees and investment options.

One of the key benefits of MTAA Super is its low fees structure, with administration fees as low as 0.45% per annum. This is significantly lower than some other superannuation funds.

MTAA Super is a superannuation fund that's been around since 1988, making it a well-established option for Australians looking to secure their financial future.

It's a not-for-profit fund, which means that any surplus is reinvested to benefit members, rather than being distributed as profits to shareholders. This approach allows MTAA Super to keep costs low and offer competitive fees.

As a member of MTAA Super, you'll have access to a range of investment options, including a Balanced option, which aims to balance returns with risk, and a Conservative option, which prioritizes preserving capital.

MTAA Super is a superannuation fund that's been around for over 40 years, having been established in 1978. It was created to provide retirement savings for employees in the manufacturing, textile, and allied industries.

The fund has a strong history of serving its members, with over 1.3 million members currently participating. It's a significant player in the superannuation market, with assets under management exceeding $20 billion.

MTAA Super is a not-for-profit fund, which means that any surplus funds are reinvested to benefit members, rather than being distributed to shareholders. This approach has helped the fund to keep costs low and fees competitive.

The fund offers a range of investment options, including a balanced option that's designed to provide a stable return over the long term. This option is suitable for members who want a low-risk investment approach.

MTAA Super is a not-for-profit superannuation fund, meaning it operates for the benefit of its members, not for profit. It was established in 1988.

The fund has a large membership base, with over 800,000 members. This size and scale enable the fund to provide a range of services and benefits to its members.

MTAA Super has a strong focus on providing competitive investment options to its members. It offers a range of investment options, including diversified, balanced, and growth-focused options.

MTAA Super is a public sector superannuation fund, with a strong focus on providing retirement benefits to its members. It has over 140,000 members.

The fund was established in 1988 and has since grown to become one of the largest public sector super funds in Australia.

MTAA Super is a fund provider with a unique set of details that are essential to understand.

MTAA Super's ABN Number is 14 008 650 628, which is a unique identifier assigned to the fund provider.

To operate, MTAA Super must hold a Registerable Superannuation Entity Licence (RSEL) Number, which is L0001069.

This licence is granted by the Australian Prudential Regulation Authority (APRA) under section 29D of the SIS Act.

MTAA Super also holds an Australian Financial Services Licence (AFSL) Number, which is 238 718.

This licence is governed by the Australian Securities & Investment Commission (ASIC) and is required for all financial services providers, including superannuation providers.

Here are the key details about MTAA Super's licences:

A fund compliance letter is a must-have when setting up your super fund. It's a formal document from your super fund stating that they comply with superannuation regulations and are willing to accept employer contributions.

The compliance letter is usually provided by the super fund itself, and it's essential to have it on hand when you need to prove your fund's compliance status.

The fund address is a crucial piece of information you'll need to provide when filling out your Super Choice Form. You're required to provide the postal address, not the office address, of your superfund.

This address is most often a PO or Locked Bag address, which differs from the street address of the superfund.

You can use this address to send documents to your superfund, but it's best to check with your superfund first.

The V8 Supercar Series is an international car racing event that holds great importance in the Australia motoring industry.

MTAA Super recognised the significance of this event and partnered with Lifeline Australia to launch the Read The Signs initiative in 2004.

MTAA Super has been actively involved in acquiring companies to expand its reach. One notable acquisition was made in December 2019.

MTAA Super acquired Tasplan Super on December 04, 2019. This acquisition was a merger, marking a significant move for the company.

The financial details of the acquisition are not explicitly stated in the available data, but it's worth noting that such transactions often involve substantial investments.