No animal testing – cosmetics
More super fund resources
Image credit: Jo-Anne McArthur / We Animals Media
Q: Will my potential investment returns be adversely affected if I either move my super to a responsible investment / ethical focused option within my current super fund, or if I switch to a different super fund with a responsible investment /ethical focus?
A: Extensive research by the Responsible Investment Association Australasia (RIAA) has demonstrated that super funds and investment funds which take an ethical and responsible approach have performed better than their peers over one, three, five and 10 year time frames.
The results of this most recent research and RIAA’s detailed research report can be found at this link.
To help you understand your personal financial position and to develop a strategy that suits your needs and values, you may also wish to contact a certified financial adviser.
Q: Will I incur fees if I choose to switch my super to another super fund?
A: The Australian Government’s Moneysmart website provides guidance around both consolidating your super accounts into one super fund, or switching your super from one super fund to another for free – please visit this link for more information.
Q: What if I can’t find my super fund in your table or your searchable list?
A: Make sure you search for all possible options via our searchable list in the section headed “Find your super fund by fund name”. It may be that your fund is a sub-plan of another larger super fund with a different name, for example, so please run a quick Google search to double-check. If you’re still not able to find your fund from our searchable list, please contact us at email@example.com.
Q: What if I have an account with more than one super fund?
A: We would suggest that you contact each of the funds you have an account with. Based on the feedback you receive from each of them, you may wish to consolidate your super with one fund. For more information about consolidating multiple super accounts, or switching your super to an entirely new super fund, please refer to information provided by the Australian Taxation Office at this link.
Q: My super fund has replied to me but I’m not happy with the response I received.
A: Please keep talking to your super fund and explain the reasons you’re not satisfied with their response. If after multiple engagements you’re still not happy, you are welcome to send your fund’s correspondence to us at firstname.lastname@example.org and we’d be happy to talk to you further. Please keep in mind we cannot provide you with financial advice, so if you are seeking financial advice please see the below section of this FAQ page which provides a link to advisors certified by the Responsible Investment Association Australasia (RIAA).
Q: I would like to speak to someone to obtain some advice about my specific financial situation – where can I find certified advisors who have expertise in this area?
A: The Responsible Investment Association Australasia (RIAA) provides a certification program for financial advisers and financial advisory groups which requires them to meet strict operational and disclosure requirements and make publicly available specific details of their services. They invite their clients and peers to hold them to account consistent with the Responsible Investment Certification Program Code of Conduct. More information about the certification process can be found at this link and you can search for a certified adviser near you at this link.
If your super fund does meet the criteria in the ranking table
Ask your super fund to build on their good work.
Thank them for their existing animal welfare options and ask them to build on their good work by doing more to avoid investing in animal cruelty.