‘Do more’ with your AUSCOAL Super account online
Make sure you sign in and check out the new secure website we’re launching in mid July 2010.
You’ll be able to see all your AUSCOAL Super account details and transact online, making managing your super or pension easier.
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Sorry for the interruption while we upgrade our systems
We are improving our administration systems to enhance the services we provide to you.
However, first we need to do a bit of work behind the scenes.
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Learn more about your super
... by reading our fact sheets
One way we try to help our members make the most of their super is through our fact sheets.
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A simpler way to calculate your super account balance
... using unit prices
From 1 July 2010 your super balance will be calculated using a daily unit price rather than a weekly crediting rate.
Read more |
Don’t let your tax break turn into a tax slug
... keep a watch on the 'contribution caps'
Because of the tax breaks you receive when putting money into super, the government limits how much you can deposit in any one year. These limits are known as ‘contribution caps’.
Read more |
AUSCOAL Super and Maritime Super in merger talks
... a due diligence process is underway
Building on longstanding synergies between the maritime and mining industries and the close relationship between our workers and unions, the Maritime Super and AUSCOAL Super Boards have agreed to assess the feasibility of a merger between the two funds.
Fund Chairmen, Paddy Crumlin of Maritime Super and Arthur Weston of AUSCOAL Super, confirmed the two funds have signed a Memorandum of Understanding.
"We believe there is a natural fit for the two funds coming together that we are keen to explore,’ said Mr Crumlin. ‘We’ll be working through a process that will help us confirm the advantages and disadvantages a merger would deliver to our members, our employers and our respective staff."
‘We are looking for a net tangible benefit to members of both funds,’ said Mr Weston. ‘Both our boards are here to serve the best interests of our members and employers. At a minimum we are looking for a merger to bring greater economies of scale, efficiency and an even stronger overall market position’, he said.
A due diligence process is currently underway. The funds have not yet identified a target merger date.
To learn more about Maritime Super please visit www.maritimesuper.com.au
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