Exciting changes for Nationwide Super are coming soon
The mantra of the Nationwide Super team has always been to make super as simple as possible for our members and supporting employers. That means we’re always looking for ways to help you easily meet your contribution obligations and for members to take control of their super savings, in an industry that is constantly evolving and changing as a result of things like government policy and regulations.
While offering products and tools that help members achieve the best possible retirement outcomes is our ultimate goal, we’re also striving to deliver them with the highest level of personalised service and care.
To help us take the next steps in delivering these goals, the Trustee of Nationwide Super has entered into an alliance with Russell Investments. As you’ll see, the Russell Investments team will bring the financial assets and experience needed to provide a strong foundation for the continued growth of the fund.
What this will mean for our members
The changes that will have the most exciting benefits for members include paying less in fees, having access to a much wider range of investment options, and an improved suite of tools and services (including a real-time mobile app), to better manage their super savings.
What won’t be changing is our commitment to providing the high level of service and support members have come to expect at every step of the way towards their retirement goals.
As we finalise the details of the changes and benefits, we’ll be in touch with members over the next few months.
What this will mean for our employers
For our contributing employers, especially those using Nationwide Super as their ‘default fund’, the key message is that the product they have selected for their employees is about to get a whole lot stronger.
Otherwise, our aim will be to keep the impacts to you as minimal as possible. There will be a ‘limited processing period’ for transactions during a transition phase, and we will be in touch in the next few weeks to guide you through this process and any other changes that may affect you. The Nationwide Super team will always be on hand to help, so get in touch if you have any questions.
We’re looking forward to the next steps, and taking you along for the ride.