Insurance in Superannuation Voluntary Code of Practice
Netwealth fully supports the objectives of the Insurance in Superannuation Voluntary Code of Practice (Code), coming into effect from 1 July 2018. We are seeking to adopt the Code in all areas where it is in the best interests of members and beneficiaries. This includes aspects of the Code driving clearer communication for members, improved processes, and enhanced claims handling and complaint procedures.
Netwealth have adopted the Superannuation Voluntary Code of Practice in the areas that are in the best interests of members and adoption will be no later than 30 June 2021 to allow for Netwealth’s contractual arrangements to be adjusted. You may find a copy of the Transition Plan here.
You can also find a copy of the Insurance in Superannuation Voluntary Code of Practice here.
Netwealth Investments Limited as trustee of the Netwealth Superannuation Master Fund provides the following information in accordance with the SIS Regulations and the SIS Act.
The following documents relate to the Fund and the Trustee:
- Netwealth Superannuation Master Fund Trust Deed
- Annual Trustee's Report
- Netwealth Investments Limited Constitution
- Netwealth Investments Limited Financial Statements
The following significant notifications have been made to members in the last two years:
- Changes to Super Accelerator
- Changes to Super Wrap
- Changes to Russell Investments Super Series
- Changes to group life insurance cover and premium rates - 1 February 2017
- Changes to TTR Reversionary Pensioner nominations
The following information relates to material outsourcing providers used by either the Fund or the Trustee:
|
Name |
ABN |
Nature |
|---|---|---|
| Netwealth Group Services Pty Ltd | 89 135 940 840 | Provision of staffing resources including operations, IT, accounting; and IT infrastructure and compliance services |
| RBC Investor Services Trust | 75 116 809 824 | Sub custodian for international securities |
| RSM Australia Pty Ltd | 65 319 382 479 | Provision of internal audit services |
The following Voting Policy for the Fund includes information about proxy voting:
The following is information relating to class actions:
The following is information relating to the Executive Officers of the Trustee and Trustee Board: