Your future’s still waiting for you
Throughout all of the ups and downs of 2020, Hostplus’ mission and purpose has remained clear: to maximise our members’ superannuation outcomes so that they might enjoy a dignified retirement.
End of Year Update
As we come to the end of the year – one that has tested us as individuals, communities and as a nation – we can all look back with pride at the resilience and determination that our communities have shown in the face of the extraordinarily challenging circumstances that have dominated our everyday lives in 2020.
The COVID-19 pandemic, and the extensive measures taken to contain it, have been incredibly tough on many of our members and contributing employers. During this time Hostplus has worked hard to support you, especially by playing our part in providing immediate financial assistance to many of our members who took the tough decision to access their super early through the federal government’s Early Release of Superannuation scheme.
Through the scheme, which is due to finish on 31 December 2020, we’ve provided support to 312,000 members, totaling $3.05 billion (as of 8 December).
As stewards of your superannuation and retirement savings, we remained focused throughout the year on our primary commitment to you: endeavouring to deliver the best long-term net investment returns so that you can enjoy the dignified retirement you deserve.
We do this by seeking to ensure that appropriate investment strategies are in place to navigate market uncertainties and to protect and grow your retirement savings.
While 2020 has been demanding of many businesses, including our own Fund, I’m very pleased that we were able to continue to deliver new and improved products and services for our members throughout the year. And I was particularly thrilled to launch the new Hostplus mobile App and to see so many of you download it.
The App is a great way to stay engaged with your super and if you haven’t yet done so, I encourage you to download it. We’ll be adding more features and functionality in 2021 too, and as always we welcome your feedback on how we can continue to improve it. You can find out more details about the app here.
As this extraordinary year draws to a close and we move closer to a “COVID-normal” way of life, it’s heartening to see our economy opening up, Australians getting back to work, and our members once again planning for their future.
Thank you for the privilege of managing your superannuation, it’s a responsibility we take very seriously. And as we enter the new year, with a sense of hope and optimism, you can rest assured that Hostplus will continue to put your interests first in everything we do.
On behalf of everyone at Hostplus, I wish you all the very best for the holiday season and a safe, healthy and happy 2021.
This information is general advice only and does not take into account your personal objectives, financial situation or needs. You should consider if this information is appropriate for you in light of your circumstances before acting on it. Please read the relevant Hostplus Product Disclosure Statement (PDS), available at hostplus.com.au before making a decision about Hostplus.
Issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392 as trustee for the Hostplus Superannuation Fund (the Fund) ABN 68 657 495 890, MySuper No 68 657 495 890 198.
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