Switch investment options

You can switch investment options as many times as you wish during the financial year.

LGIAsuper reserves the right to limit the number of investment switch requests received from a member where the number submitted is considered unreasonable. Remember that super is generally a long-term investment, and by changing investment options often you might reduce your overall investment return.

There is no fee to switch between investment options.

Choose your investments carefully

Have you considered…

  • the likely investment return of your chosen investment option/s?
  • the level of risk you are taking?
  • how long you are investing for?
  • if you are selecting more than one investment option, the overall asset allocation and risk profile the combination of options will produce?

It's important to review your investment strategy regularly, especially if you select more than one investment option. LGIAsuper will not automatically rebalance your investment and the different options you have will grow at different earning rates, with different levels of volatility

How do I switch investments?

Switch online

Review and change your investments in Member online. Easy!

Log in to Member online

Register for Member online

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Switch on paper

Complete and return an Investment switch form M09 (or Investment switch form – Pension accounts P09).

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Can I choose more than one investment option?

Yes. You have the flexibility to invest in one investment option or build your own investment mix by choosing a range of options for your existing account balance and/or future contributions.

Switching investment options and the timings involved

If we receive your completed form or online switch by 5pm AEST on a business day, your switch will take effect from the next business day after we receive your instructions. A business day is defined as a day between Monday and Friday which is not an Australian national public holiday.

Processing withdrawals and/or switches may be suspended for up to 7 days or longer during periods of significant market volatility or other conditions that prevent LGIAsuper from determining earning rates.


SWITCH REQUEST RECEIVED DAY

Investment switch request RECEIVED

Your switch request needs to be received by LGIAsuper on a business day before 5.00pm (AEST).

Requests submitted after 5.00pm (AEST) will be considered as received on the next business day.

The easiest way to make a switch is on Member Online.

Switch request submitted Switch request received day
Tuesday 3pm Tuesday
Tuesday 6pm Wednesday
Saturday/ Sunday (anytime) Monday
Monday (Public Holiday*) Tuesday

* Excludes Queensland public holidays and the Queen’s birthday


NEXT BUSINESS DAY

Investment switch request PROCESSED

The date your switch request was processed will be on the next business day that your request was received.

The earning rate applied will be the rate for the date the switch was processed. (reflecting the previous business day’s market values).

Switch request processed day
Wednesday (Wednesday's earning rate)
Thursday (Thursday's earning rate)
Tuesday (Tuesday's earning rate)
Wednesday (Wednesday's earning rate)

SECOND BUSINESS DAY

Transaction viewable in MEMBER ONLINE

You will receive confirmation via email or post. You will also be able to see the transaction and the earning rate applied on your account in Member Online.

The earning rates applied to your switch will also be viewable on LGIAsuper’s website.

Viewable in Member Online
Thursday
Friday
Wednesday
Thursday

Can I cancel my switch?

If you change your mind, your switch can be cancelled as long as we receive your cancellation by 5pm AEST on the day your instruction was submitted.

  • Online switch: if you have made an investment switch online you can cancel your switch directly through Member online.
  • Paper switch: if you completed an Investment switch form, you should cancel your switch in writing (by fax, email or post).

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