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A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income.
AMP is a financial services company in Australia and New Zealand providing superannuation and investment products, financial advice, and banking products including home loans and savings accounts. Its headquarters is in Sydney, Australia.
NICTA was Australia's Information and Communications Technology (ICT) Research Centre of Excellence. The term "Centre of Excellence" is common marketing terminology used by some Australian government organisations for titles of science research groups. NICTA's role was to pursue potentially economically significant ICT related research for the Australian economy.
In Australia, superannuation, or just super, is the term for retirement pension benefit funds. Most working Australians deposit deductions from their income into these funds, and employers make similar regular contributions. Most employees contribute to large funds either industry funds, or retail funds. However, some working Australians deposit their income deductions into self-managed superannuation funds.
Construction and Building Unions Superannuation (Cbus) is one of Australia's largest public offer industry superannuation funds. Cbus is run for the benefit of its members and does not pay dividends to shareholders.
The KiwiSaver scheme, a New Zealand savings scheme, came into operation from Monday, 2 July 2007. Participants can normally access their KiwiSaver funds only after the age of 65, but can withdraw them in certain limited circumstances, for example if undergoing significant financial hardship or to use a deposit for a first home.
An industry superannuation fund is an Australian superannuation fund originally established to provide for the retirement of workers from a specific industry. While industry funds are no longer tied to specific industries, they remain not-for-profit, mutual funds which are membership-based and do not have shareholders. Industry super funds can be contrasted with retail super funds, which are public offer funds managed by financial institutions. Profits from retail funds are distributed to shareholders or investors, whereas industry funds return profits directly to members.
Sunsuper Superannuation Fund (Sunsuper) was an Australian public offer industry superannuation fund based in Brisbane, Queensland, Australia. It was established in 1987 as a multi-industry superannuation fund open to all workers and is profit-for-members. Sunsuper was the largest superannuation fund by membership in Queensland, with 1.3 million members and over 100,000 default employers. As at December 2020, it had more than A$79 billion in funds under management.
Perpetual is an Australian investment fund and trustee group in the S&P/ASX 200. The company provides investment products, financial advice, philanthropic and corporate services to individuals, families, financial advisers and organisations.
AustralianSuper is the largest Australian superannuation and pension fund, with approximately one in every ten Australian workers as members.
Aware Super is an Australian Industry Superannuation Fund. It is Australia's third largest fund, with $130bn under management following the merger between First State Super, VicSuper and WA Super in 2020.
MySuper is part of the Stronger Super reforms announced in September 2011 by the Gillard Labor government for the Australian superannuation industry to replace the previous default funds system with a new default system using low cost and simple superannuation products. MySuper compliant products may be provided by industry super funds, as well as retail super funds. Funds that do not operate as default funds, such as self managed superannuation funds (SMSFs) or choice products, are not subject to MySuper standards.
State Super, is one of the oldest superannuation funds in Australia beginning in New South Wales in 1919 with the creation of the State Superannuation Scheme for salaried public servants. It is in the Australian Prudential Regulation Authority (APRA) Top 15 super funds in Australia with close to $42 billion AUD in assets as at 30 June 2020 and 96,180 members. State Super members are current and previous NSW government employees and public sector workers such as police, teachers, nurses and more.
Hostplus is an industry superannuation fund for the hospitality, tourism, recreation and sport industries in Australia established in 1987.
CARE Super is an Australian industry superannuation fund, focussing on superannuation for people engaged in professional, managerial, administration and service occupations. Established in 1986, CareSuper now services over 245,000 members Australia-wide and has over $15 billion in funds under management.
QSuper was an Australian superannuation fund based in Brisbane, Queensland. The fund was established in 1912 through an Act of Parliament. The State Public Sector Superannuation Scheme was also known as the QSuper Fund. The board of trustees of the State Public Sector Superannuation Scheme was responsible for the management of the QSuper Fund. On 26 Oct 2015 Michael Pennisi, the chief strategy officer replaced Rosemary Vilgan as CEO, who had served in that position for 18 years.
IFM Investors is a provider of investment services.
The New Daily is an online, non-paywalled, Australian newspaper founded in 2013 by AustralianSuper, Cbus and Industry Super Holdings. In 2016, it became wholly owned by Industry Super Holdings. The founding editor is Bruce Guthrie, currently the editorial director, who was formerly an editor of the Herald Sun and The Age.
The Australian Retirement Trust (ART) is an Australian superannuation fund headquartered in Brisbane, Australia. With $230bn under management and over 2 million members, it is Australia's second-largest superannuation fund.
Linda White is an Australian lawyer, trade unionist and politician. She is the lead Senate candidate for the Australian Labor Party (ALP) in Victoria at the 2022 federal election.