MLC has a proud tradition of supporting our members in achieving their ideal financial future. In financial year 2025, we continued this commitment and have delivered strong investment returns for the majority of our members and enhanced our member services.
Strong MySuper Growth Portfolio returns
The MLC MySuper Growth Portfolio – where the majority of our MySuper members are invested – delivered a strong 9.3% p.a. over five years ending 31 March 2025. This strong longer-term performance places the portfolio in the top quartile of MySuper funds surveyed over this 5-year period.1 This is great news for our members, helping you work towards financial wellbeing in retirement. Find out more about what has driven this strong performance.
Supporting your super savings through market volatility
In early April, new US trade policies caused significant market volatility, raising concerns about an economic downturn. During such periods of market volatility, it’s natural for members to feel uneasy amidst the uncertainty. And we know many members have felt concerned regarding this recent market volatility. However, it’s crucial to remember that super is a long-term investment. Our investment strategy is designed to withstand these fluctuations by focusing on sustained growth and stability over the long-term.
Our MySuper Growth Portfolio exemplifies this approach. It is a robust, well-diversified portfolio that seeks to capture growth opportunities while managing potential downturns. By diversifying investments across various asset classes, including unlisted assets like private equity, property, and infrastructure, we aim to reduce risk and enhance returns. Find out more about how we manage your super in times of market volatility.
We manage your super prudently, using a disciplined, research-driven process supported by rigorous governance and active portfolio management. This helps to ensure your retirement savings are strategically positioned to pursue growth while navigating market challenges. Find out about the investment philosophy that guides how we manage your money, and the investment process we use in our portfolios.
MLC Socially Responsible Growth Option
For members looking for investments that focus on Environmental, Social and Governance (ESG) factors, we also offer the MLC Socially Responsible Growth option. This is a diversified investment option managed by our investment experts in a way that considers relevant ESG factors.
The option delivered an 8.0% return for the 12-months to 31 March 2025.2 This strong performance ranked the MLC Socially Responsible Investment option as the 2nd highest-performing option in the SuperRatings Growth (77-90) Index Survey over this one-year period.3
It was also the top-performing option in the Chant West Survey for Socially Responsible High Growth Funds over this same 12-month period to 31 March 2025.4
The strong performance of the MLC Socially Responsible Growth option demonstrates that prioritising socially responsible investments hasn’t come at the expense of returns. Our commitment to socially responsible investing continues to deliver competitive results for members.
During the year, we also made significant strides to diversify and strengthen the investments in the MLC Socially Responsible Growth option. In the March 2025 quarter, we increased the option’s exposure to fixed income credit – investments that provide regular interest payments, such as bonds or loans – with the appointment of Infradebt, an Australian specialist private credit manager. Infradebt specialises in ethically screened investments, focusing on renewable energy and social infrastructure projects. This helps to ensure your investments are not only growing but also contributing to sustainable and socially responsible initiatives.
Learn more about the MLC Socially Responsible Growth option. You can also find more information on our responsible investment policy here.
Other Investment Updates
We’ve been simplifying our investment menu over the past few years to improve our products for all our members. We’ve continued this simplification process by closing some more investment options this financial year. In April, we closed the MLC Flexible Moderate and MLC Flexible Assertive investment options to new investors.
Our contemporary investment menu continues to provide a diverse range of investment options for you to select from. Check out our investment options in MLC MasterKey super and pension products.
Simplifying our Administration Fees
As part of our ongoing commitment to help members meet their retirement goals, we simplified our Administration fees and reduced them for most members. On 1 October 2024, we simplified the Administration fees for:
MLC MasterKey Super & Pension Fundamentals so that:
- For super accounts a 0.15% pa percentage Administration fee and a $1.50 per week Fixed fee will apply across each super account balance. This means lower fees for many of our members.
- For pension accounts a 0.10% pa percentage Administration fee and a $1.50 per week Fixed fee will apply across each pension account balance. This means lower fees for many accounts.
MLC MasterKey Term Allocated Pension accounts so that:
- Simplified the percentage fee to 0.10% pa and started applying the fixed fee of $1.50 per week on each MLC MasterKey Term Allocated Pension accounts. This means lower fees for all Term Allocated Pension accounts.
- Additionally, on 1 April 2025, the maximum on the percentage Administration fee will be capped at $1,000 pa for super accounts and $800 pa for pension accounts.
MLC MasterKey Business Super and MLC MasterKey Personal Super so that:
- Reduced the administration fee for MLC MasterKey Business Super and MLC MasterKey Personal Super from 0.30% pa to 0.15% pa. If you are part of an employer plan, great news – your employer may have negotiated reduced fees. To see your exact fees, log in to view the document titled ‘Features At A Glance’ for your plan.
We aim to outline our fees clearly, from administration to investments, to ensure transparency in all we do, so there are no unexpected surprises for members.
Check out our fees webpage to learn more about the costs associated with our MLC MasterKey Business Super, MLC MasterKey Personal Super and MLC MasterKey Super & Pension Fundamentals products.
Increased account security
We now require a mobile phone number from you to be able to log in to your account at mlc.com.au as part of a multi-factor authentication check. We’ve made this change to further increase the security of your account. If your account doesn’t have a mobile phone number attached to it, you’ll be prompted to provide one the next time you log in to your account.
Financial scams are on the rise and becoming increasingly sophisticated, making them harder to spot. Our new cyber security resource centre explains the common types of scams, essential guidance to help you recognise them, along with practical tips to protect yourself and your loved ones. Go to mlc.com.au/cyber-security to learn more.
Think you might be facing a scam? Click here to learn the steps to take immediately.
Enhanced digital tools and support
Retirement can often feel overwhelming and knowing where to start can be the hardest part. That’s why our super advice and digital support tools are designed to help you, our members, take control of your super and maximise its potential.
Introducing the Retirement Projector
In January 2025, we introduced a new tool to our digital support offering – the Retirement Projector. The Retirement Projector can help you find out how much super you might have in retirement and how little changes now could make a big difference.
You can use the calculator to:
- get a super projection for you and your partner
- assess whether you might be eligible for a government age pension
- find out your risk appetite when it comes to investing
- explore how making additional contributions can help grow your super.
Discover if your super is retirement ready. Get your projection today.
Get your personalised super report
Another tool available to members is our Personal Super Calculator. By securely using your information, it generates a personalised super report in under 10 minutes. This report provides advice and strategies you can take today and to help you creating the future you want tomorrow.
Welcome to your SuperFit program
We’ve also launched additional workbooks in our SuperFit program. These short practical guides are designed to help you shape up your super and increase your knowledge to feel more confident in your retirement.
Our five workbooks help you at different stages of your retirement planning journey, providing practical steps and resources to build your super savings to achieve your retirement lifestyle goals.
From Shape Up in your 50s; to Step Up at 55; to Working Out at 57; Make a Move from 60, and; to Tone Up at 65, we cover all the key age triggers and points to help keep your super on track for a secure retirement. Download the SuperFit guide that right’s for you and get started today.
Financial Clarity. Just like that.
Want to know what your financial future looks like? Try our new tool, MLC Money View. MLC Money View is an easy way to understand your current situation and get a projection of your financial future.
Simply drop in your personal and financial details and the secure tool will build a customised dashboard that can help you understand what your home or investment property are worth, and how your budget is shaping up. It can also give you an idea if you’ll have enough in retirement. Try MLC Money View today and get a customised view of your finances in as little as five minutes – available to all members at no extra cost.
Get expert help over the phone with our Financial Coaches
Want to talk to someone about your MLC super? Getting expert help is all part of being with MLC. As a service to our members, our team of Financial Coaches provide general advice related to your super, at no additional cost.
The service offers general advice on a wide range of financial topics that can help you better understand super, and how to make informed decisions to help you maximise your retirement savings.
Our Financial Coaches also offer a Government Age Pension Concierge service. This service is available to members where they, their spouse, or their de facto partner, are aged 66+.
Make sure to book your appointment with a Financial Coach. It costs nothing extra to talk to us – this service is included as part of your membership.
