Question Category: Investments (Super)

July 27th 2021

What investment options can I choose with a Control account?

With a Control account, you are able to invest up to 75% of your super in the following investment types: Australian Shares listed in….

July 27th 2021

What investment options can I choose with an Autopilot account?

Autopilot accounts must have a minimum of 70% of your account balance allocated to a Managed Investment Option. You also can choose up to….

July 27th 2021

Can I invest in shares that aren’t currently listed on Superhero Super?

You are only able to invest in shares that are listed on the Superhero Super Member Portal. Please note, these may change from time….

July 27th 2021

How long will my transfer take from my Diversified Portfolio to my Wallet?

Transfers from your Diversified Portfolio to your Wallet typically occur between 10:30am and 4pm, Monday to Friday.

July 27th 2021

Do I earn interest on cash held in my Superhero Super Wallet?

Any funds held in cash in your Superhero Super Wallet are held by a custodian (or sub-custodian) in an account/s with an authorised deposit-taking….

May 26th 2021

How does tax for Superannuation work?

Tax on superannuation depend on type of contributions made or income received. Please refer to the section “How super is taxed” on Superannuation Guide.….

May 26th 2021

Why can’t I invest more in each security?

The Trustee is required to act in members’ best interests and has therefore set limits on the amount you can invest in individual investments.….

May 26th 2021

When will tax be deducted from my account?

Tax is deducted on super contributions, investment earnings (such as dividends), and withdrawals. Types of contributions: Concessional contribution (examples: employer contributions, salary sacrifice) –….

May 26th 2021

What tax will be deducted from my account from dividends/capital gains?

Earnings on investments within your super fund are taxed at 15%. These include dividend payments, capital gains and interest, less any tax deductions or….