Vanguard Super Member Outcomes Assessment 2024

This document is a Member Outcomes Assessment published by Vanguard Super, detailing the performance of its product range for the year ending 30 June 2024. The assessment is mandated by superannuation law, requiring funds to evaluate and publish their performance across various areas, including investment performance, fees, and insurance. Vanguard Super's evaluation indicates that its SaveSmart (MySuper), SaveSmart (Choice), TransitionSmart, and SpendSmart products have effectively promoted members' financial interests. The document outlines the investment returns, risk management, and fee structures associated with these products. It presents a comparison of investment performance against other super funds, highlighting the strong returns achieved in the majority of investment options. Additionally, it discusses the fee reductions implemented to enhance cost transparency and lower overall expenses for members. The assessment serves to ensure compliance with regulatory requirements and to provide members with a clear understanding of the fund's performance and management practices.