Company type | Non-Profit |
---|---|
Industry | Industry superannuation |
Products | Superannuation |
Website | www |
This article needs to be updated.(November 2022) |
MTAA Super (Motor Trades Association of Australia Superannuation Fund) is an industry superannuation fund established to serve the motor trades and allied industries.
Created in 1989, it has become one of Australia's largest super funds. As at 2019, MTAA Super has more than $12 billion funds under management and represents more than 200,000 members and more than 50,000 active employers. [1]
MTAA Super is a public offer fund and allows membership to all Australians.
MTAA Super was named SuperRatings 7 year platinum performer for 2003-2010. In 2020, the fund was again awarded Platinum Rating by SuperRatings, who named MTAA Super a “best value for money” super fund. [2]
MTAA Super merged with Tasplan on 1st April 2021 and became Spirit Super. [3]
From 1 Nov 2024, CareSuper will merge with Spirit Super (ex MTA Super).
Read The Signs is a join initiative between Lifeline Australia and MTAA Super. This program is aimed at promoting suicide prevention among MTAA Super members. Launched in September 2004, Read The Signs was a result of the concern at the numbers of suicide deaths in Australia. Statistics indicate that suicides account for 25% of all deaths amongst young male Australians between the ages of 15 and 24.
MTAA Super partners with two main organisations.
The V8 Supercar Series is an international car racing event. The importance of this event in the Australia motoring industry was recognised by MTAA Super.
Lifeline Australia is a non-profit organisation delivering a range of counselling and support services addressing social issues. In partnership with Lifeline Australia, MTAA Super launched the Read The Signs initiative in 2004.
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides retirement income.
AMP Limited is an Australian financial services company that operates in Australia and New Zealand. It offers superannuation and investment products, financial advice and banking services through AMP Banking, including home loans and savings accounts. AMP is headquartered in Sydney, Australia. The company previously operated a global investment management business through its subsidiary AMP Capital.
Nicholas John Sherry is a former Australian politician who served as a member of the Australian Senate for the state of Tasmania from July 1990 until June 2012, representing the Australian Labor Party. Sherry was sworn in as the Assistant Treasurer on 9 June 2009, after serving as the first Australian Minister for Superannuation and Corporate Law. Sherry was the first Assistant Treasurer from Tasmania.
Superannuation in Australia, or "super", is a savings system for workplace pensions in retirement. It involves money earned by an employee being placed into an investment fund to be made legally available to members upon retirement. Employers make compulsory payments to these funds at a proportion of their employee's wages. From July 2024, the mandatory minimum "guarantee" contribution is 11.5%, rising to 12% from 2025. The superannuation guarantee was introduced by the Hawke government to promote self-funded retirement savings, reducing reliance on a publicly funded pension system. Legislation to support the introduction of the superannuation guarantee was passed by the Keating Government in 1992.
Construction and Building Unions Superannuation (Cbus) is an Australian industry super fund.
KiwiSaver is a New Zealand savings scheme which has been operating since 2 July 2007. Participants can normally access their KiwiSaver funds only after the age of 65, but can withdraw them earlier in certain limited circumstances, for example if undergoing significant financial hardship or to use a deposit for a first home.
An industry superannuation fund are Australian superannuation funds that historically were established by Australian trade unions to manage retirement savings for workers in their industry. Funds other than industry funds are referred to as 'retail funds'.
Legalsuper is an Australian superannuation fund dedicated to the legal community. It is the only industry superannuation fund for Australia's legal profession. Its MySuper default account is called MySuper Balanced option.
Australian Ethical is an ethical investment management company, listed on the ASX, and based in Sydney, Australia
The Climate Institute was a Sydney-based policy think-tank established in 2005 to encourage progressive policies for managing climate change in Australia.
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.
Rest Super is an Australian industry superannuation fund established in 1988. It is one of Australia's largest superannuation funds by membership, with around 1.9 million members as at June 2022. Rest currently manages more than $80 billion in funds.
AustralianSuper is an Australian superannuation fund headquartered in Melbourne, Victoria. It is an industry super fund, and so operates through a mutual fund structure.
Aware Super is an Australian industry superannuation fund headquartered in Sydney, New South Wales. With $176.9 billion under management and 1.15 million members, it is Australia's third-largest superannuation fund.
Mercury CX, formerly Media Resource Centre (MRC), is a not-for-profit film and television training organisation based in the Lion Arts Centre on the corner of Morphett Street and North Terrace, Adelaide, South Australia, which aims to give screening opportunities to emerging South Australian film, video and digital media artists. It also manages the not-for-profit Mercury Cinema, which shows films by subscription to the Adelaide Cinémathèque film society, screening classic or notable films and hosts film festivals and other events. Mercury CX hosts the Screenmakers Conference and the South Australian Screen Awards.
Hostplus is an Australian industry superannuation fund. The fourth largest superannuation fund in Australia as of 2023, it is 'giant' with around 1.7 million members (2023) and over $100b funds under management.
CARE Super is an Australian industry super fund.
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.
The New Daily is an online Australian newspaper founded in 2013, and owned by Industry Super Holdings, which represents industry superannuation funds.
Industry Super Australia (ISA) is peak body for industry super funds in Australia.