Welcome to the member section of the CONNECT website. Our main aim is to keep your money secure and growing strong – to help you build the super you need for a financially comfortable retirement, while providing valuable insurance cover during your working lifetime.
Our other aim is to give you the facts you need to know to make the most of your super – making super easy for you.
What is CONNECT?
CONNECT is the superannuation plan specially created for electrical and communications industry contractors. Since being established in 1985 under the name SPEC (Superannuation Plan for Electrical Contractors), our membership has grown and evolved as technology has evolved.
The Trustee is responsible for all aspects of the operation of CONNECT, including the appointment of the Administrator, Investment Manager, and Insurer.
In September 1996 the name was changed to CONNECT to more closely reflect our membership, which extends into the electrical, telecommunications, electronics and associated industries.
The primary aim of CONNECT has always been to provide Members with the best possible retirement benefits and death and total and permanent disability insurance.
Beyond this fundamental aim we have also managed to secure a number of achievements for our Members including:
- competitive investment returns
- low fees
- cost-effective additional insurance cover
- first-class member enquiry and administration service
- free telephone enquiry Hotline service
- competitive home loans
- appointment of leading service providers
Your money accumulates - so performance counts
CONNECT is an accumulation plan. This means your contributions, if any, are added to the contributions your employer makes to CONNECT on your behalf. These contributions earn a return that's linked directly to market and investment performance - the better the investment performance, the greater your retirement benefit will be. Administration fees, expenses, taxes and insurance premiums are then deducted. While CONNECT's returns have fluctuated with market conditions (and have even been negative on occasions), CONNECT has a proven track record of good financial investment and long term performance. This is the key to helping you secure a solid financial future in retirement or in the case of death or total and permanent disablement.
Superannuation for the electrical and communication industries