NESS Super - Enter the Draw to Win and iPad Mini with eStatements Promotion: Winners, drawn 15 March 2013.  Congratulations to the following prize draw winners: Paul Elmer  Jake Peters Chad Grimwood All winners have been notified in writing and by telephone.  Read More

Proposed changes to the Government co-contribution means that, after 30 June 2012, the maximum amount that the Government will contribute on behalf of those eligible to receive the co-contribution superannuation payment will reduce from $1,000 to $500. This means that if you want to maximise the co-contribution, you must ... Read More

In line with the Government initiative to reduce the size of Product Disclosure Statements (PDS), we have updated the NESS PDS. The new NESS PDS replaces the previous NESS PDS (dated 31 March 2010) from July 2012. New applications to NESS must be made on the application forms ... Read More

NESS Super* is pleased to announce that it has received authorisation to offer a MySuper product from the Australian Prudential Regulation Authority (APRA). “We are delighted to be the latest fund to receive our authorisation, having worked very closely with APRA right throughout the ... Read More

 Despite a high level of investor pessimism going into 2012, it turned out to be a very strong year for investment markets and your Fund. The Australian share market had a strong rally, returning 19.7%, while global shares returned 14.9% for Australian investores. Like many other periods, 2012 ... Read More

 The NESS 2012 Annual Report is now available. It provides all the information you need on the fund's investments, an update on fund and regulatory developments, details on the people who look after your super, as well as NESS' financial position for the year to 30 June 2012. Read More

What are the caps? This financial year, the concessional contributions cap is $25,000 or $50,000 if you are aged 50 or more.  This amount includes what your employer pays and what you may salary sacrifice into super. What happens if I go over my super cap? Any ... Read More

The Federal Budget delivered on 8 May 2012 contained a number of superannuation announcements that may impact NESS’ members. These include: Deferral of the $50,000 concessional contributions cap This financial year, the concessional contributions cap is $25,000 or $50,000 if you are aged 50 or more, to allow older people ... Read More

Superannuation Guarantee (SG) contributions (those made by employers) will progressively increase from 9% to 12% following the passing of legislation by the Federal Parliament on 19 March. The SG rate will increase by 0.25% on 1 July 2013 and 1 July 2014 with further increases of 0.5% each year from 1 July 2015 to 1 July 2019. The ... Read More

The unfortunate reality is that many people don’t save enough in addition to their employer contributions, to enjoy a comfortable retirement. As well, many people don’t have adequate insurance cover to protect themselves and their family in the event of sickness, ... Read More

The current limit of $50,000 on before-tax (concessional) contributions for individuals over age 50 is proposed to continue from 1 July 2012, but only if the individual’s account balance is less than $500,000. The concessional contributions limit for individuals under age 50 will continue to be $25,000, which will also ... Read More

We are pleased to report another year of solid returns in all our investment options for the year to 30 June 2011. NESS' annual return for the Balanced Option of 8.6% for super members and 9.5% for Pension members is close to the market median for super funds generally.& ... Read More

Mynas Leontios is here to help members and employers understand and get the most from their superannuation arrangements. Mynas has over 21 years’ experience in the industry and is keen to ensure that all members and employers benefit from our personal service, their NESS membership ... Read More