Company Research Report
Australian Retirement Trust
Company Overview
- Name: Australian Retirement Trust
- Mission of the company: To act in members' best interests as a 'profit for members' superannuation fund.
- Founded: Not explicitly mentioned
- Founders: No information is available
- Key People: No information is available
- Headquarters: GPO Box 2924, Brisbane QLD 4001
- Number of Employees: No information is available
- Revenue of the company: No information is available
- What is the company known for?: Australian Retirement Trust is one of Australia's largest superannuation funds, committed to providing long term investment returns and low fees, while focusing on sustainable investment practices.
Products
Super Savings Account
- Description: The Super Savings account is designed to help members grow their super savings for future retirement.
- Key Features:
- High Growth Super Option offering 9.28% p.a. returns over 10 years
- Low administration fees ($1.20 per week + 0.10% p.a. and 0.07% p.a. from general reserves)
- Various investment options including High Growth Pool, Balanced Pool, and Cash Pool.
- Life cycle investment strategies that automatically adjust investment allocation based on the member's age.
- Sustainable investment options.
Retirement Products
- Description: Products designed to provide a steady income during retirement.
- Key Features:
- Retirement Income accounts
- Transition to Retirement Income accounts
- Lifetime pension products
- Additional offerings such as investment options, access to financial advice, and member rewards.
Recent Developments
- Recent Developments in the Company:
- Australian Retirement Trust has introduced updated performance measures and long-term return statistics.
- Implementation of enhanced Sustainable Investment Policy and commitment to ESG (Environmental, Social, and Governance) integration and net zero carbon emissions by 2050.
- New Products Launched:
- Launch of a new investment menu as of 1 July 2024 with detailed holdings to be available by 31 March 2025.
- New Features Added to Existing Products:
- Improved lifecycle investment strategies aiming to balance risk and return automatically according to the member's age.
- Expansion of mobile app features for easy management of investments, checking balances, and accessing exclusive member deals and discounts.
- New member rewards offering over 3,000 exclusive deals across various brands in Australia.
- New Partnerships:
- Engagement with various third-party service providers to enhance service offerings, including IT services, mail services, and investment management.
Conclusion
This report provides an overview of the Australian Retirement Trust, detailing its main products and recent developments without any additional commentary. For more specific and updated information, accessing the company’s detailed reports and announcements is recommended.