The outbreak of coronavirus (COVID-19) was something that no one could have predicted.
Due to the uncertainties brought about by the spread of the virus, investors across the world continue to react, resulting in wild swings in share markets globally.
The market volatility has impacted the retirement savings of many Australians, including our members. Below are responses to questions our members have asked.
Please note that any advice contained in the responses below are general in nature only and does not take into account your personal objectives, financial situation or needs. If you need personalised advice, please speak to your financial adviser or get in touch with our financial advice team.
Your questions answered
- Why is the decline in my super different from my partner’s, friends’ and family members’?
- I want to withdraw all my super to prevent further losses. How can I do this?
- I want to switch my investments to cash to prevent further losses. How can I do this?
- What has the Fund been doing to reduce my losses?
- I’m close to retiring/I have retired. Unlike the younger generation, I don’t have a long time frame to recoup my losses. What should I do?
We're here to help
Get in touch with one of our friendly staff members
who are willing to answer any of your questions.