Higher returns above inflation for CPIplus members
In our continued efforts to enhance financial security for retirees, we have increased the CPIplus rate of return for the 2024/25 financial year from CPI + 2% to CPI + 2.5%.
The change provides higher returns above inflation from 1 July 2024. This is designed to provide pension1 members in CPIplus with more certainty over their returns in retirement.
What could this mean for you?
- Greater peace of mind: By increasing the return above inflation, CPIplus aims to give you the confidence to spend and enjoy the lifestyle you’re used to. Whether it’s treating yourself to a special meal or enjoying a leisurely outing, CPIplus may help you to budget and plan ahead.
- Strengthened purchasing power: Inflation can eat away at your purchasing power. With CPIplus, your returns are designed to keep pace with rising prices, which could, make everyday expenses more manageable.
CPIplus in action
Achieve a balance of stability and growth with CPIplus, which has delivered a return of 7.58% p.a. over the last 3 years2 (after fees) as of June 30, 2024.
CPIplus is designed to protect your retirement savings from inflation, providing peace of mind and more certainty over your investment returns in retirement.
It’s also important to note that although returns above CPI are predetermined annually, Hostplus can shorten the return period. Hostplus may also adjust the rate of return with at least 30 days’ notice.
Ready to potentially benefit from CPIplus? Here’s what you can do:
- Switch to CPIplus
If you’re already a Hostplus Pension member, consider switching to CPIplus. Contact our friendly team to make the switch and enjoy the greater peace of mind it could bring. - Open a Hostplus Pension account3
Take advantage of all the benefits of Hostplus Pension, including access to CPIplus.
For more information about CPIplus, you can download our brochure or call us on 1300 348 546. We’re here to help.
More certainty over your investment returns in retirement? That’s a plus.
1. CPIplus is not available for Hostplus Transition to Retirement Pension members.
2. Past performance is not an indication of future returns.
3. To open a Hostplus Pension account, a minimum of $10,000 must be invested and at least 1% of your balance must be invested in any selected investment option (including CPIplus). You must also satisfy a condition of release with no cashing restrictions. You must also satisfy a condition of release with no cashing restrictions.
This information is general advice only and does not take into account your personal objectives, financial situation or needs. You should consider if this information is appropriate for you in light of your circumstances before acting on it. Please read the Hostplus Pension Product Disclosure Statement (PDS), available at hostplus.com.au before making a decision about Hostplus. For a description of the target market, please read the Target Market Determination (TMD), available at hostplus.com.au. Past performance is not a reliable indicator of future performance.
Issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392 as trustee for the Hostplus Superannuation Fund ABN 68 657 495 890, MySuper No 68 657 495 890 198.