Trust deed

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Current offer documents

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The current wrap offer documents are available from https://www.macquarie.com.au/advisers/solutions/macquarie-wrap.html

This Product Disclosure Statement is to be read in conjunction with the relevant Zurich insurance Product Disclosure Statement. To view the Zurich website, please click here.

Previous offer documents

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Annual reports

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Significant event notices (SEN)

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Trust deed

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Offer documents (closed to new investments)

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Annual reports

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Significant event notices (SEN)

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Investor updates

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Introduction

On 10 March 2021, Macquarie Investment Management Limited (MIML), the Trustee of the Macquarie Superannuation Plan (the Fund), held its first Annual Members’ Meeting virtually for members of this Fund.

The meeting provided members with the opportunity to join the MIML Board of Directors and Executive team to review the Fund’s key achievements during the year to 30 June 2020 and hear an update for the year ahead.

During the meeting, Members also had the chance to ask questions of the Board of Directors, Executive team, and fund auditors.

Access the meeting minutes, presentations and questions and answers.

Member Outcomes Assessment Summary

Executive Summary

The trustee of Macquarie Superannuation Plan (MSP) and Definitive Superannuation Plan (DSP), Macquarie Investment Management Limited (the Trustee) is now required to annually assess and compare the quality and competitiveness of its superannuation and pension products. This is a new regulatory requirement that was legislated in 2019.

The Trustee has recently completed its first member outcomes assessment for the Macquarie Superannuation Plan and Definitive Superannuation Plan for the period 1 December 2019 to 30 November 2020 – this assessment covers the following superannuation and pension products (collectively, ‘the products’):

Macquarie Superannuation Plan

    Super and Pension Manager II

    Super and Pension Consolidator II (Engage and Elevate investment menus)

    Super and Pension Consolidator*, including the following branded products
    a) Vision Super and Pension

    Super and Pension Manager*, including the following branded products
    a) Private Portfolio Solution Super Account*
    b) Private Portfolio Solution Pension Account*
    c) Premium Super Online*
    d) Premium Pension Online*
    e) Gateway Super and Pension Service*
    f) Premium Portfolio Service Super Account*
    g) Premium Portfolio Service Pension Account*

    Super Accumulator*

    Term Allocated Pension Manager*

Definitive Superannuation Plan

    Definitive Super Account*

    Definitive Pension Account*

* Note these products are closed to new members.

These are choice platform products that are only available for members who choose the relevant product. There are no members who default into a MIML product and so there are no MySuper members.

Following the completion of this assessment, the Trustee has determined that for the products listed, it is promoting the financial interests of members – this document summarises the results of the Trustee’s assessment.

 

 

Overall determination

The Trustee has determined that it is promoting the financial interests of beneficiaries in relation to all of its superannuation and pension products.

 

 

Member Outcomes Assessment Summary

SuperStream employer information

As part of the SuperStream reforms, employers are required to send super contribution payments and related contribution data electronically to super funds using the new Data and Payments Standard (the Standard). 

We encourage you to familiarise yourself with your obligations under the SuperStream reforms. We have included below several videos and FAQs by the Australian Taxation Office (ATO) to help you understand the SuperStream reforms. For more information, please visit the employer section of the ATO website.

From the ATO

Contributing to Macquarie superannuation fund

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Macquarie-administered superannuation funds are able to receive SuperStream contributions.

We will continue to accept contributions using existing methods during the transitional period for those employers who have not transitioned to the Standard and are not yet ready to send contributions using an eligible SuperStream method.

Transition period - key dates explained

  • Medium to large employers: If you have 20 or more employees, SuperStream starts on 1 July 2014. Employers will then have until 30 June 2015 to meet the SuperStream requirements for sending superannuation contributions for your employees.
  • Small employers: If you have 19 or fewer employees, SuperStream applies from 1 July 2015. Small employers will then have until 30 June 2016 to meet the SuperStream requirements for sending Superannuation contributions for your employees.

Sending contributions under the new Standard

Employers or their service providers can obtain the appropriate crediting details (bank details for EFT payments and biller codes for BPAY) from the ATO Fund Validation Service.

Employers will require the following fund information to send contribution information and payments via the Standard:

  • Unique superannuation identifier (USI) and superannuation product name – view a list of USIs for Macquarie product:
    • Macquarie Super Manager - 65508799106031
    • Macquarie Super Accumulator - 65508799106041
    • SuperOptions Super Plan - 65508799106063
    • Macquarie Super Consolidator - 65508799106172
    • Macquarie ADF Super/Rollover Plan - 68073150096065
    • FutureWise Super Insurance - 65508799106108
    • Macquarie Life Active Super Insurance - 65508799106170
  • Australian business number (ABN)
  • Bank account details
  • Electronic service address.

Employers or their service providers can use the USI to assist with identifying the individual super product on the ATO’s Fund Validation Service in order to obtain the crediting details for that super product. Please refer to the ATO resources on this page for more information.

Sending contributions under existing methods

Please note our existing direct debit, direct credit (direct deposit facility) and BPAY payment options for employer contributions are not eligible SuperStream contribution formats. However, we will continue to offer existing contribution methods for employers to  meet Superannuation Guarantee (SG) obligations while they  preparing to upgrade to an eligible SuperStream method.

We recommend employers transition to a SuperStream compliant method as soon as practical (as outlined in the previous section ‘Sending contributions under the new Standard’).

Meeting SuperStream standards

The ATO has advised employers have several options for meeting the Standard for contributions, such as:

  • upgrading payroll software
  • using an outsourced payroll or other service provider
  • using a commercial clearing house.

Please view the ATO’s Prepare now for SuperStream flyer for a summary of what you need to do.

If you have any questions regarding how to make employer contributions to our super product, please contact us.

Contact us

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Monday to Friday 8am - 6pm (Sydney time)

1800 806 310

Need more information?

For more information please speak to your adviser or contact Client Services.