This is a SuperGuide profile of AvWrap Retirement Service, including fund performance, member demographics, value of assets under management, contact details, and administration details (such as ABN and USI).
This profile is factual information and is not an advertisement or recommendation for AvWrap Retirement Service.
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AvWrap Retirement Service overview
AvWrap Retirement Service is a Public offer Retail fund.
Learn more about MySuper funds and the different types of super funds.
AvWrap Retirement Service ranks 62 in terms of total member benefits, which are valued at approximately $1.76 billion.
In terms of members, AvWrap Retirement Service ranks 69, with 5,700 members. In the 2023 financial year, the number of AvWrap Retirement Service members changed by 17%, which places them at 16 of 95 funds in terms of growth.
AvWrap Retirement Service ABN
The AvWrap Retirement Service ABN number is 82004832237.
AvWrap Retirement Service USI
The AvWrap Retirement Service USI is 82004832237001.
Note: A USI (Unique Superannuation Identifier) helps you or your employer know you are paying super contributions into the correct super fund.
AvWrap Retirement Service insurance
AvWrap Retirement Service provides the following types of insurance:
- Life insurance (death cover)
- Total and permanent disablement (TPD) cover
- Income protection cover
Learn more about insurance through your super fund.
AvWrap Retirement Service administration details
Below you can find the administration details for AvWrap Retirement Service including whether the super fund is open to the general public (Public offer) or not (Non public offer) and how AvWrap Retirement Service is structured. You can also learn how their expenses ratio compares to other super funds, as well as the gender ratio and remuneration of their board directors.
| Fund's RSE licensee | I.O.O.F. Investment Management Limited |
| Public offer status | Public offer |
| Fund type | Retail |
| RSE licensee ownership type | Non equal representation |
| RSE licensee profit status | For profit status |
| RSE licensee board structure | Financial services corporation ownership |
| RSE licensee balance date | 6/30/2023 |
| Operating expenses ratio | 0.3% (average is 0.49%) |
| Number (and percentage) of female directors | 3 (60%% - average is 40.7%) |
| Number (and percentage) of male directors | 2 (40%% - average is 59.3%) |
| Total remuneration of directors on trustee board | $464,000 (average is $743,412) |
| Average remuneration of directors on trustee board | $93,000 (average is $102,069) |
Sources: APRA and publicly available information. Data contained in this table as of 30 June 2023
AvWrap Retirement Service contact details
Below you can find contact details for AvWrap Retirement Service including website, email and physical address as well as social media accounts if they are available.
| Address |
AvWrap GPO Box 4045 Sydney NSW 2001 |
| Phone number | 1800 025063 |
| Email address | wrapsolutions@macquarie.com |
| Website | www.macquarie.com.au/dafiles/Internet/mgl/au/docs-pa/wrap-changes/acm-sm-sen.pdf?v=2 |
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