We are updating our website
So that we can direct you to the right page,
please select your product from the list below.
Changes to Listed Property, Australian Fixed Income and International Fixed Income options
As part of a careful review, we have changed the name, underlying manager, asset allocations, objective and strategy for some investment options.
We've made this change to help achieve the stated investment objective and the potential to improve investment performance, ongoing value, and benefits of scale for our customers. The fees and costs remain unchanged.
| Previous name | Updated name | Products | Changes |
| Listed Property Trusts | Listed Property 2 | • MultiFund Flexible Income Plan (ULMA) • MultiFund Rollover Deferred Annuity • MultiFund Superannuation Bond • MultiFund Trustee Bond | • Name • Objective and strategy • Strategic asset allocation |
| Australian Property | Listed Property 3 | • Children’s Investment Plan • MultiFund Trustee Bond • Personal Investment Plan | • Name • Objective and strategy • Strategic asset allocation |
| Future Directions International Bond | International Bond 3 | • MultiFund Flexible Income Plan (ULMA) | • Name • Objective and strategy • Strategic asset allocation |
| International Bond 2 | No name change | • MultiFund Flexible Income Plan (ULMA) | • Objective and strategy • Strategic asset allocation |
| Future Directions Australian Bond | Australian Bond 2 | • MultiFund Flexible Income Plan (ULMA) | • Name • Objective and strategy • Strategic asset allocation |
Customers who hold products which have these investment options will be notified.
Please refer to the current Investment Report for the updated asset allocations, objective and strategy.
For a list of current investment options click here, select your product from the drop-down box available in the Superannuation, Retirement or Investments categories and select the Investment report.
Indexation of fees and thresholds effective 1 March 2024
Effective 1 March each year, some of the fees and thresholds for the following products are reviewed and increased in line with movements in the Average Weekly Ordinary Time Earnings (AWOTE).
Details of the changes will be communicated to members in the Trustee’s annual report for the year ending 30 June 2024.
Below are the fees applicable to the RLA Personal Super Plan and RLA Allocated Pension from 1 March 2024.
RLA Personal Super Plan
| Small account balance fee (per month) | From 1 March 2024 | As at 1 March 2023 |
Balances between $0 - $1,200 | Nil | Nil |
Balances between $1,201 - $10,000 | $8.50 | $8.20 |
Balances between $10,001 - $15,000 | $4.25 | $4.10 |
For the balance above $15,000 | Nil | Nil |
| Large member balance rebate | From 1 March 2024 | As at 1 March 2023 |
Nil for the first | $100,000 | $96,000 |
0.20% pa for the next | $100,000 | $96,000 |
0.35% pa for the next | $200,000 | $192,000 |
0.50% pa for the balance above | $400,000 | $384,000 |
RLA Allocated Pension
| Large member balance rebate | From 1 March 2024 | As at 1 March 2023 |
Nil for the first | $276,000 | $267,000 |
0.20% pa for the next | $183,000 | $177,000 |
0.35% pa for the next | $183,000 | $177,000 |
0.50% pa for the balance above | $642,000 | $621,000 |
What you need to know
Any advice on this website is provided by Resolution Life Australasia Limited ABN 84 079 300 379, AFSL No. 233671 (Resolution Life), and is general advice and does not take into account your objectives, financial situation or needs. Before acting on this advice, you should consider the appropriateness of the advice having regard to your objectives, financial situation and needs, as well as the relevant product disclosure statement and/or policy document, available from Resolution Life at resolutionlife.com.au or by calling 133 731, before making a decision on whether to acquire, or continue to hold, the product.
The Target Market Determinations (TMDs) for our financial products (where applicable) can be found at Target Market Determinations (TMDs). The TMDs describe the key features and attributes of an applicable product that affect whether it is likely to be consistent with the objectives, financial situation and needs of consumers in the target market.
Resolution Life is part of the Resolution Life Group and can be contacted via contact us or by calling the phone number mentioned above.
