UniSuper

UniSuper is an Australian superannuation fund that provides superannuation services to employees of Australia's higher education and research sector. The fund has over 388,000 members and $49.7 billion in assets (funds under management at 30 March 2015 and total member accounts at 30 April 2015).^[1]

UniSuper is a not-for-profit company whose shareholders are 37 Australian universities and is governed by a corporate Trustee, UniSuper Limited. All the universities have representation on the Consultative Committee.

UniSuper has been granted a MySuper authority, enabling it to continue to receive default superannuation contribution from 1 Jan 2014.

Management

UniSuper's Chief Executive Officer is Kevin O'Sullivan.^[2] Chris Cuffe, a UniSuper director and formerly the CEO of Colonial First State Investments and Challenger Financial Services Group was appointed Chairman on 16 June 2011.

Directors

UniSuper’s Board of Directors governs the operations of UniSuper to ensure the Fund is administered in accordance with the Trust Deed, and determines the strategic direction of the Fund. The Board represents, and is accountable to, the members of UniSuper and the Fund’s participating employers.

The directors of UniSuper as of 2015 are:^[3]

Directors representing employers

• Nominated by shareholder universities
  • Professor Paul Johnson (Vice-Chancellor, La Trobe University)
  • Professor Jane den Hollander (Vice Chancellor, Deakin University)
• Elected by the Consultative Committee employer representatives
  • Dr Susan Gould
  • Warren Snell

Directors representing members

• Elected by the Consultative Committee member representatives
  • Professor Michael Skully (Chair of Banking, Department of Accounting and Finance at Monash University),
  • Keith Tull
• Appointed by national unions
  • Grahame McCulloch
  • Neville Kitchin

Independent Directors

• Chris Cuffe (Chairman)
• Ian Martin
• Melda Donnelly

References

External links

• UniSuper