This will see the retirement savings of over 440,000 QSuper members segmented by their age and account balance.
Their assets will also be managed in relation to economic environment and outlook.
QSuper chief executive Rosemary Vilgan said it is difficult to argue that a 30 year old and a 60 year old should be treated the same, no matter what their account balance is or what the economic circumstances are.
“We are starting to offer our members a far more tailored approach to their investments as their age and/or account balance increases, which we believe meets global best practice and most importantly, will assist in delivering more reliable and secure retirement outcomes for our default members in retirement,” she said.
QSuper will continue to launch additional segments over the next 12 months, in line with its plans to further tailor the investment strategies for its default members.
With over 530,000 members and $46 billion in funds under management, QSuper is one of Australia’s largest superannuation funds.
