AvSuper’s profit-for-member approach means all investment decisions are made to benefit members over the long term and help you build your retirement savings in an effective and prudent manner. 

We use a range of investment managers to ensure members’ money is invested to meet specific objectives and strategies (including strategies to guard against excessive risk) set out by the AvSuper Trustee.

AvSuper regularly reviews investment strategies and our investment managers, and recent reviews have resulted in appointing two new fund managers (more…)

The AvSuper Trustee has decided to terminate its investment in ME Bank’s Super Loans Trust. After reviewing the performance of AvSuper’s fixed interest investment  managers, including the Super Loans Trust, the Trustee determined that it is no longer in members’ best interests to continue investing with ME Bank.

What does this mean for members?

If you have an existing ME Bank account or home loan, your accounts are not subject to change as a result of AvSuper’s decision. Members interested in ME banking products can continue to access these directly through ME Bank. If you have any queries in relation to your ME Bank accounts, please contact ME Bank on 13 15 63.

Please contact us if you have any questions about AvSuper’s investment management or your super savings.

Michelle

Michelle Griffiths
Chief Executive Officer

On 1 May 2010 Ms Glenys Roper was appointed as an employer representative Trustee Director of AvSuper. Glenys replaces Mr David Leggo, who retired on 30 April 2010 after nearly 20 years as a trustee director.

Glenys is an experienced non-executive director with an extensive knowledge of the superannuation regulatory framework and member administration.   (more…)

I’m pleased to announce that with effect from 1 July 2010, Hannover Life Re  has been appointed as the new insurer for group life and income protection policies for our members following an extensive benchmarking review and tender process conducted over the last quarter.

The Trustee with assistance from Rice Warner compared Hannover to a selection of other quality life insurance service providers to ensure our arrangements remain optimal and continue to provide the best value for AvSuper members.

AvSuper is currently finalising an improved range of insurance terms and conditions with Hannover, which will result in lower insurance costs for most of our members from July 2010 and will be communicating the details of the new arrangements to all members in the coming months.

Michelle

Michelle Griffiths
Chief Executive Officer

I am delighted to confirm that the AvSuper Trustee has elected Mr Tom Grant as the new Chairman of AvSuper from 1 May 2010 , following the retirement of AvSuper’s long serving Chairman David Leggo.

Tom has been a Director on the AvSuper Board for 20 years and is an Employer nominated Representative. Tom has qualifications in Economics (both a Degree and Masters), is PS146 compliant and has extensive experience in superannuation investing, corporate governance, project management and employee relations. (more…)

I am pleased to announce the appointment of Sara Stidworthy as AvSuper’s Administration Manager.

Sara brings with her almost 14 years of experience in the superannuation industry, with a strong background in fund administration. Sara has extensive defined benefit expertise and a solid background in administering group insurance policies and payments. (more…)

As a profit-for-members super fund, the Trustee’s sole purpose is to ensure AvSuper is run and managed for the benefit of members.

The Board of AvSuper consists of eight Trustee Directors, equally representing AvSuper members and employers. Four Trustee Directors are nominated by the Australian Council of Trade Unions (ACTU) as Member Representatives and four Trustee Directors are nominated by Airservices Australia (the Principal Employer) as Employer Representatives. (more…)

I’m pleased to announce to members that AvSuper’s Chairman, David Leggo has received the highest accolade by the Australian Institute of Superannuation Trustees being awarded ’Trustee of the Year’ for 2010.

This is an important industry acknowledgement of the diligent contribution David has made over nearly 20 years with AvSuper to all aspects of the Fund (more…)

We are very pleased to announce that Income Stream members can now access more functions on Member Online, including:

• changing options as part of member investment choice
• updating personal details, such as a new address or phone number
• nominating preferred beneficiaries
• viewing your transaction history
• viewing your insurance arrangements (if any)

This increased functionality gives incomes stream members greater access to their account at any time, and saves you time completing forms and waiting for mail deliveries.

AvSuper’s profit-for-member approach means all investment decisions are made to benefit members over the long term and help you build your retirement savings in an effective and prudent manner. We use a range of investment managers to ensure members’ money is invested to meet specific objectives and strategies.

As well as investing in specific industries and companies in Australia, international markets (both developed and emerging) can also offer significant investment opportunities. (more…)