16 September 2020
Annual statements are now available through Member Online.
And if you’ve asked for your statement to be mailed, it’s in the post (but you can still see it on Member Online now).
The financial year to 30 June 2020 was extremely challenging. Investment markets were in good shape heading into the New Year. However, by early-February it was becoming clear that the COVID-19 pandemic was going to have some serious health, social and economic implications.
In the space of roughly one month (20 February through to 23 March 2020) the Australian and overseas sharemarkets fell sharply (by 36% and 33% respectively). Most of these initial falls had been recovered by 30 June 2020 but in many respects, the damage had been done.
While TWUSUPER’s investment returns for the year to 30 June 2020 are disappointing, they are nevertheless strong given the extraordinary circumstances we continue to face.
We're here to help
As an Industry Super Fund, TWUSUPER’s ‘all profits to members’ model continues to ensure the money we make ends up where it should – in your pocket.
During this challenging time, we know that many members are seeking greater certainty over their retirement savings.
It is impossible to predict the future. However, TWUSUPER can help answer many of the questions you may have over the phone. Call us on call 1800 222 071 8am to 8pm (AEST/AEDT) weekdays – we’re here to help.