Serving you throughout life's journey
Just as superannuation is a long-term investment, Health Super is a long-term partner, offering products and services to help you throughout the decades. Whether you’ve just got your first job or you’re enjoying your retirement years, you can benefit from being a member of Health Super. In operation for 40 years, Health Super has achieved some impressive milestones.
So how did Health Super come about?
1966
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- Superannuation was a privilege for just a chosen few
- There were a lot less laws regulating super
- Computers weren’t common, so keeping records was a lot more time intensive
- Investment options and techniques were a lot less sophisticated
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1977
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1988
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- Compulsory 3% award super introduced for employees. This increased membership from 17,000 Defined Benefit members to more than 100,000 Accumulation members overnight
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1992
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- Superannuation Guarantee was introduced as compulsory super under Federal legislation. Since then, superannuation has become increasingly important. For many, it could become the biggest pay packet of their lives. As superannuation has expanded, so have its products and services
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Recent Health Super milestones
Check out just some of our achievements over the past few years:
1999
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- Health Super was born, changing from the public sector ‘Hospitals Superannuation Board’ to Health Super, a regulated superannuation fund
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2001
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- Health Super Financial Planning is launched
- Member Privileges Program introduced
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2003
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2004
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- Achieved Gold rating
- Secured Australian Financial Services Licence (AFSL) from industry regulator Australian Securities and Investment Commission (ASIC)
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2005
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- Received award from industry bodies for effective member communication
- Achieved Platinum rating, the highest possible rating from SuperRatings
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2006
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- Secured a licence under the Australian Prudential Regulation Authority’s (APRA) new Registrable Super Entity (RSE) licence regime
- Nominated for Fund of the year
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2007
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- Better Super changes were introduced from 1 July 2007 - the biggest reform to superannuation ever. The Better Super changes will increase retirement incomes, simplify the taxation of super, give more flexibility and choice in how super can be accessed and improve incentives to work and save.
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2008
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- Health Super was awarded a platinum rating by SuperRatings, ranking us among the top 15% of superannuation funds rated by SuperRatings for the year. SuperRatings is an independent superannuation research agency.
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