| Superannuation Product Phase Type | Accumulation |
|---|---|
| Superannuation Product Type | Choice Product |
| Open to Public? | No |
| Open to New Members? | No |
| Open to New Employers Superannuation? | No |
| Superannuation Product Inception Date | 2024-07-01 |
| Superannuation Product End Date | 0 |
| Member Accounts (rounded to nearest 10) | 21250 |
|---|---|
| Member Assets | 0 |
| Lifecycle Investments? | No |
|---|---|
| Multi-Sector Investments? | No |
| Single Sector Investments? | No |
| Direct Investments? | No |
| RSE Name | Mercer Super Trust |
|---|---|
| RSE ABN | 19905422981 |
| Fund Type | Retail |
| Estimated median account balance | 11688 |
|---|---|
| Median member age | 42 |
| <25 | 13.59 |
|---|---|
| 25 to 29 | 9.4 |
| 30 to 34 | 10 |
| 35 to 39 | 11.74 |
| 40 to 44 | 12.93 |
| 45 to 49 | 11.32 |
| 50 to 54 | 10.6 |
| 55 to 59 | 8.35 |
| 60 to 64 | 5.96 |
| 65 to 69 | 3.2 |
| 70 to 74 | 1.51 |
| 75 to 84 | 1.06 |
| 85+ | 0.33 |
| <25 | 0.54 |
|---|---|
| 25 to 29 | 1.74 |
| 30 to 34 | 4.11 |
| 35 to 39 | 7.68 |
| 40 to 44 | 12.03 |
| 45 to 49 | 14.4 |
| 50 to 54 | 17.42 |
| 55 to 59 | 16.53 |
| 60 to 64 | 12.86 |
| 65 to 69 | 6.91 |
| 70 to 74 | 3.08 |
| 75 to 84 | 2.34 |
| 85+ | 0.36 |
| Members' Benefits : Female | 28394966000 |
|---|---|
| Members' Benefits : Male | 53261247000 |
| Number of member accounts at beginning of period | 943187 |
|---|---|
| Number of new member accounts | 239929 |
| Of which: Rollovers | 9779 |
| Of which: Successor funds transfers | 25645 |
| Number of closed member accounts | 129477 |
| Number of member accounts at the end of period | 1053639 |
| Net movement in the number of member accounts | 110452 |
| Growth in the number of member accounts | 12% |
| Employer contributions | 4255944 |
|---|---|
| Member contributions | 676992 |
| Defined benefit contributions | 114063 |
| Contribution tax and surcharge | 539503 |
| Other members’ benefits flows in | 0 |
| Total Members' benefit flows in | 4507496 |
| One-year rate of return | 11.3% |
|---|---|
| Five-year rate of return | 8.1% |
| Ten-year rate of return | 6.6% |
| Insurance Claims Received Count | 644 |
|---|---|
| Insurance Claims Withdrawn Count | 23 |
| Insurance Claims Undetermined Count | 12 |
| Insurance Claims Declined Count | 0 |
| Insurance Claims Finalised - Other Count | 31 |
| Insurance Claims Admitted Count | 622 |
| Insurance Claims Admitted Amount | 223393.69 |
|---|---|
| Claims Admittance Rate (1 year) | 98.1% |
| Claims Admittance Rate (5 years) | 97.2% |
| Insurance Average Claim Duration Number (Admitted claims) | 15.9 |
| RSE Licensee | Mercer Superannuation (Australia) Limited |
|---|---|
| RSE Licensee Ownership Type | Financial services corporation ownership |
| RSE Licensee Profit Status | For profit status |
| RSE licensee board structure | Non equal representation |
| Number of female directors on trustee board | 2 |
|---|---|
| Number of male directors on trustee board | 4 |