User:TMurphy0206/LGIAsuper
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LGIAsuper
[edit]LGIAsuper is a profit-for-members, Australian superannuation fund based in Brisbane, Queensland. Established in 1965, the fund historically serviced Queensland local government employees as their default superannuation fund.
LGIAsuper has MySuper authority, with over 80,000 members and more than $12 billion in funds under management. The LGIAsuper Trustee acts as trustee of the fund under the Local Government Act (Qld). LGIAsuper is governed by a Trust Deed, which outlines the governing rules.
History
[edit]LGIAsuper was established in 1965. Prior to 8 February 2016, LGIAsuper was known as LGsuper which underwent a merger in July 2011 with City Super to become the one fund for all of local government in Queensland. Changes to local government legislation in July 2017 has resulted in the fund being accessible to all Australians.[1]
Management
[edit]The CEO is Kate Farrar (since April 2018)[2]
The Chief Risk Officer is Ian Harcla (since 2006)
The Chief Investment Officer is David Todd (since 2005)
The Chief Operating Officer is Eleanor Noonan (since July 2018)
The Chief of Member Advice is Garnett Hollier (since July 2018)
The Chief Financial Officer is Peter Gamin (since 2013)
The Chief Growth Officer is Andrea Peters (since October 2018)
Services
[edit]- Superannuation
- Investment
- Advice
- Insurance
Investment
[edit]LGIAsuper offers a range of 12 investment options to choose from, providing members with access to 7 Ready-made and 5 Single Asset options, including two Socially Responsible options. The fund also offers a MySuper Lifecycle option for members who have not made an investment choice.
LGIAsuper has a stake in infrastructure assets such as a:
- 6% ownership of the Gold Coast Rapid Rail Transit (G:link)
- 31% ownership of the Port of Portland
- 32.5% ownership of the Sunshine Coast Airport[3]
- 100% ownership of a Fitzroy macadamia nut farm
- 100% ownership of the land supporting Village Roadshow's Gold Coast Theme Park operations in a sale/leaseback deal.[4]
Sponsorship
[edit]LGIAsuper announced a partnership with National Rugby League team the North Queensland Toyota Cowboys in 2016.[5]
LGIAsuper sponsors the Seven News Young Achiever Awards.[6]
LGIAsuper sponsors the Above and Beyond Award at the Local Government Managers Australia (LGMA) Queensland Awards for Excellence.[7]
References
[edit]- ^ "Bulletin 02/17". www.dlgrma.qld.gov.au. Retrieved 2018-10-22.
- ^ "Kate Farrar: tech and tradition | Investment Magazine". Investment Magazine. 2018-06-14. Retrieved 2018-10-22.
- ^ "Couriermail.com.au | Subscribe to The Courier Mail for exclusive stories". www.couriermail.com.au. Retrieved 2018-10-22.
- ^ "Couriermail.com.au | Subscribe to The Courier Mail for exclusive stories". www.couriermail.com.au. Retrieved 2018-10-22.
- ^ "LGIA and the Cowboys". The North West Star. 2016-02-13. Retrieved 2018-10-22.
{{cite news}}: no-break space character in|title=at position 13 (help) - ^ Thorpe, Andrew. "Gladstone teen in high demand as universities beckon". Gladstone Observer. Retrieved 2018-10-22.
- ^ "Local Government Managers Australia (Queensland) - AWARDS FOR EXCELLENCE". www.lgmaqld.org.au. Retrieved 2018-10-22.
External links
[edit]