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Change from crediting rate to unit pricing
On 31 March 2010, legalsuper will be converting from a crediting rate method to a unitised method to value investment options in legalsuper’s accumulation and pension accounts (other than for the ASX 200 investment option).
The introduction of unitisation will not affect your entitlements with legalsuper.
From the date of change, your account balance and transaction details will be expressed in ‘units’ as well as dollars. Unitisation will also see the introduction of weekly unit prices and these unit prices will be used for all member transactions and to assist in valuing your entitlement in legalsuper.
Click here to read more about unitisation.
