Benchmark asset allocations

The percentages shown here are the benchmark asset allocations for each investment option. Our investment manager may occasionally move away from the benchmark temporarily within specified ranges. See the Statement of investment policy and objectives for more information.


Growth has the potential to provide the highest returns of the four options over the long term and the greatest fluctuations from year to year. You savings may reduce in some years and have strong growth in others.



Expect lower long-term returns than Growth and higher returns than Stable. It is still possible your savings could reduce in value in any given year and produce strong growth in others. You would expect the ups and downs to be less pronounced than for Growth.



Stable aims to provide consistent and positive returns. However, it is still possible it could produce an occasional negative return.


Cash Plus

This is the most cautious option available, designed to minimise volatility in returns. Over the long term, however, there is a risk that returns will not keep pace with inflation. 



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PSS Trustees Limited is the issuer of the Police Superannuation Scheme (PSS). A copy of the PSS product disclosure statement is available under Documents and forms and at