Industry Superannuation Founded 1912 Type Nonprofit organization | Website qsuper.qld.gov.au Headquarters Brisbane | |
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Key people Michael Pennisi , Chief Executive Officer, CEO Michael Pennisi (26 Oct 2015–) Similar AustralianSuper, Retail Employe, Cbus | ||
QSuper is 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 is also known as the QSuper Fund. The Board of Trustees of the State Public Sector Superannuation Scheme (QSuper Board) is 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.
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QSuper is a not-for-profit fund and has a MySuper authority, with around 550,000 members and $65 billion funds under management. The fund is open to Queensland Government employees, past employees and spouses. On 1 December 2016, the Queensland Government passed legislation lifting application restrictions, due to take effect on 30 June 2017.
Awards
SuperRatings fund of the year for the 2014/15 and 2015/16 financial years
Chant West best fund for Member Services 2016
Chant West best fund Innovation award 2016
Awarded Pension Fund and Large Fund of the Year at the Conexus Financial Awards 2016
Investment
There are a range of investment options available to members including an investment strategy that changes dependent upon a member’s age and balance. QSuper has options for members to invest in cash, shares, term deposits and exchange traded funds.
Management
The CEO is Michael Pennisi, who replaced Rosemary Vilgan in 2015
The Chief Investment Officer is Brad Holzberger
The Chief of Member Experience is Andrew Baker
The Chief of Member Support and Advice is Matthew Halpin
The Chief of IT is Karin Muller
The Chief Financial Officer is Kulwant Singh-Pangly
The Chief of People and Transformation is Paul Landy
The Chief Risk Officer is Ms Anne Finney