Maximise your super savings with Mercer MyChoice
Take control of your retirement savings and join the 1 million Australians who benefit from Mercer Super’s low admin fees.††
Benefits
Save more super with our low admin fees.†† Low admin fees mean more value for you, more confidence about your financial future and more savings to rely on when you stop working.
Take control with 6 MyChoice investment options. Our investment options give you control over how your money is invested. Choose from 3 Ready-made investment options if you want a hands-on approach, but still leave the complex decision making to the experts. Or if you prefer to be in the driver’s seat, choose from 3 Select-your-own investment options.
Your super is in good hands with Mercer’s local know-how and global expertise. Mercer is a global expert in retirement and investments with US$613 billion§ in assets under management globally. At Mercer Super, we leverage this scale and expertise to benefit our 1 million members.
Manage your super anywhere, anytime. Manage your super, beneficiaries and investments 24/7 via our secure Member Online portal or the Mercer Super mobile app.
- Insurance through your super can help ensure financial security for you and your loved ones. Life is unpredictable, and events such as illness, disability, or death can occur at any time. Insurance in super offers a layer of financial protection and peace of mind for your family if the unexpected happens.
Achieve your financial goals with advice and support tools at your fingertips, at no additional cost. You’ll have access to a range of limited financial advice and support tools, including financial advice about your super account and personal advice on investments via e-Advice via our secure Member Online portal.
Live your best life at any age. Support and guidance for you and your loved ones to navigate ageing care with confidence. Access a support service that helps families with the full spectrum of ageing care requirements, from home care to retirement living, residential aged care and end-of-life preparations.
Investment options
Once you know how much control you want to take with your super investments, choose between Ready-made or Select-your-own investment options.
Ready-made investment options
When you want a hands-on approach, but still prefer to leave the complex decision making to the experts, we offer our 3 Ready-made investment options.
The Ready-made investment options combine a mix of asset classes and management styles to target a stated investment objective. The trustee chooses and monitors the investment managers and decides how to allocate across the different asset classes, which may be growth or defensive oriented, or a mix of both. The Ready-made investment options are:
Mercer High Growth
Invests across most asset classes but mainly in growth assets. It is designed for members who want exposure to mainly growth assets and can tolerate a high level of risk over ten years.
Mercer Growth
Invests across most asset classes but mainly growth assets. It is designed for members who want exposure to mainly growth assets and can tolerate a medium to high level of risk over seven years.
Mercer Moderate Growth
Invests across most asset classes, but with a slightly higher exposure to growth assets than defensive assets. It is designed for members who want exposure to growth and defensive assets and can tolerate a medium to high level of risk over seven years.
Select-your-own Investment options
When you want to be in the driver’s seat, you have the choice to invest in 3 of our Select-your-own investment options.
These options offer exposure mainly to one major asset class. They are designed for investors who want to invest in a particular asset class, or multiple asset classes, to tailor their own portfolio. The Mercer Passive options are lower cost options that aim to perform broadly in line with the markets in which they invest. The Select-your-own investment options are:
Mercer Cash
Invests mainly in cash. It is designed for members who want no exposure to growth assets and can tolerate a low level of risk over one year or less.
Mercer Passive Australian Shares
Invests mainly in Australian Shares, via a passive investment approach. It is designed for members who want exposure to growth assets and can tolerate a high level of risk over ten years.
Mercer Passive International Shares
Invests mainly in International Shares, via a passive investment approach. International currency exposure is generally unhedged. It is designed for members who want exposure to growth assets and can tolerate a high level of risk over ten years.
Fees
All super funds charge fees to cover various costs related to your super account. These can include administration fees and costs, investment fees to manage and invest your money, and insurance fees to cover premiums. At Mercer Super we’re committed to helping our members keep more of their money where it belongs – in their super account.
As the amount of fees charged can impact your balance over time it’s important to understand and check the fees you’re paying.
Grow your super
Super is a way to save money now so you can enjoy life when you’re no longer working. Think of it as your long-term financial plan. And while it might feel like that’s a long way into the future, super is designed to help you grow your money over time. By adding a little bit extra to your super now, you could benefit from more retirement savings, as well as several tax benefits along the way.
Insurance in super
Although we always talk about super as a way to save for retirement, there are other benefits to your super. Insurance in super can help provide financial security for you and your loved ones if something happens to you.
Insurance cover provides valuable life insurance, income protection or permanent disability cover. While the types of coverage differ, they all share a common goal of providing financial support if you pass away, become terminally ill, permanently disabled or are otherwise unable to work.
Consolidate your super
Why pay fees on more than one super account?
Did you know the average Australian has up to five separate careers and around 17 employers3 throughout their working life?
If you’ve had more than one job, or you’ve lost track of your super, you may have more than one super account. And that means you could be paying more than one set of fees and life insurance premiums.
By consolidating your super into one single super account, you could potentially add thousands of dollars to your retirement savings.
Financial advice
As a Mercer Super member, you have access to a range of financial advice services, including self-service tools and limited financial advice about your super, all at no additional cost. You can also access comprehensive tailored advice at an additional cost.
Retire with confidence – and options
When you decide it’s time to retire, Mercer SmartRetirement Income gives you options. You could cut back your work hours and use your super to maintain your income, or retire full-time and live the life you choose.
Whatever you decide, you’ll have access to Mercer Super full investment menu – including Mercer SmartPath, designed to fine-tune your investment mix as you age.
Setting up your retirement income account is hassle-free with Smart Bundle, designed by our retirement experts with preselected pension payments and the SmartPath investment strategy, so you can be confident your money will go the distance.
