“As a fund we are always focused on delivering the best outcomes for our members and the approval of QSuper’s MySuper licence will allow us to take the next step in the evolution of superannuation,” said QSuper chief executive Rosemary Vilgan.
“QSuper’s MySuper product, QSuper Lifetime, is consistent with our long-term view on lifecycle investing.
“QSuper Lifetime moves beyond a 'one size fits all' approach found in most funds and will take into account a member’s age, account balance and the economic environment. This is ground-breaking work and we are delighted to offer this to our members as QSuper’s default MySuper option.”