QSuper was an Australian superannuation fund based in

Brisbane Brisbane ( ) is the capital and most populous city of the Australian state of Queensland, and the third-most populous city in Australia and Oceania, with a population of approximately 2.6 million. Brisbane lies at the centre of the South ...

Queensland ) , nickname = Sunshine State , image_map = Queensland in Australia.svg , map_caption = Location of Queensland in Australia , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , establishe ...

. 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 (QSuper Board) 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. QSuper was a not-for-profit fund and has a

MySuper 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 ...

authority, with around 585,000 members and $113 billion funds under management. The fund is open to all Australians. On 1 December 2016, the Queensland Government passed legislation lifting application restrictions from just government employees and their spouses, which took effect on 30 June 2017. On 28 February 2022, QSuper merged with

Sunsuper 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 prof ...

to become part of the

Australian Retirement Trust The Australian Retirement Trust (ART) is an Australian superannuation fund headquartered in Brisbane, Queensland. With $230bn under management and over 2 million members, it is Australia's second-largest superannuation fund. History The Austr ...

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 Best Fund: Investments, Chant West 2017 Pension Fund of the Year, 2018, Conexus Pension of the Year 2019, SuperRatings Best Pension Fund Manager, 2019, Money Magazine

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 was Michael Pennisi, who replaced Rosemary Vilgan in 2015.

Services

Superannuation A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payment ...

Insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ...

*Financial advice

References

{{Reflist Australian companies established in 1912 Financial services companies established in 1912 Companies based in Brisbane Superannuation funds in Australia