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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 Read the rest of this entry »
We are very pleased to announce that Income Stream members can now access more functions on Member Online, including:
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. Read the rest of this entry »
AvSuper’s member investment choice (MIC) enables you* to choose one or a combination of our professionally managed investment options. You can have your current super balance and future contributions invested identically or in different ways – the choice is yours!
In response to member requests for greater choice and flexibility, AvSuper has added a new MIC option, the Conservative Growth investment option. Read the rest of this entry »
AvSuper is very pleased to be one of the first super funds in Australia to be authorised, under ASIC’s class order Intra-fund superannuation advice relief to trustees, to provide fund-specific financial advice to members.
This means that AvSuper will be able to assist members with advice about their existing AvSuper membership Read the rest of this entry »
David Leggo has announced his intention to retire from the AvSuper Board and his role as Chairman of the AvSuper Fund, following 18 years of service to Fund members.
“My 18 years at AvSuper, working with people with a high standard of professionalism and a great sense of mission in caring for other people’s superannuation, have been among the most fulfilling of my working life. I am grateful to the Board, staff and three excellent Chief Executive Officers for the support readily given over the years,” Mr. Leggo said. Read the rest of this entry »
AvSuper is pleased to announce that NAB Asset Servicing (NAS, a division of the National Australia Bank) has been reappointed as our master custodian after an extensive benchmarking review process that started last September.
NAS has provided custody and investment reporting services for AvSuper since 1998. After 60 years of providing custodian services to Australian and international funds, NAB is now the only domestically owned custodian remaining in Australia.
The Trustee compared NAS to a selection of other quality custodial service providers to ensure our arrangements remain optimal and continue to provide the best value for AvSuper members. The AvSuper Trustee is very pleased to have agreed revised commercial terms and continue our partnership with them.
AvSuper uses a range of professional investment managers who specialise in different investment areas to invest members’ money according to specific objectives and strategies (including strategies to guard against excessive risk) set out by the AvSuper Trustee.
Walter Scott & Partners has recently been appointed as AvSuper’s International Equities Manager. Walter Scott invests based on a fundamental style, selecting securities which are expected to demonstrate long term company wealth generation – the primary driver of investor returns. Walter Scott has also won the International Equities Developed markets award for the last three years.
Since starting in 1990, AvSuper has grown to over $1 billion in retirement savings for more than 5,500 member for employees in the aviation and aviation safety industries, plus other members from the general public.
Throughout our 20 years, we have maintained a member-focus and profit-for-members philosophy.
We hope you will share in our anniversary celebrations and enjoy a safe and prosperous 2010.
AvSuper will close at noon on Wednesday 23rd December for the Christmas break, and reopen at 9am Monday 4th January.
During this time, emails will be checked regularly and you can leave a phone message to be answered when the office reopens.
Everyone at AvSuper wishes you and your family a safe and happy Christmas, and look forward to helping you continue to build your retirement savings in 2010.
