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.
We're proud to be a leading fund within the Australian superannuation industry, and the Board is committed to offering quality products and services to our members to help them reach their retirement goals.
On 9 July 2009, the Australian Prudential Regulation Authority (APRA) approved the QSuper Board's application for a Registrable Superannuation Entity (RSE) Licence. From that date, QSuper became a regulated fund. That means we are subject to the Commonwealth legislation governing most Australian superannuation funds. The QSuper Fund's RSE Registration number is R1073034, and the Board's RSE Licence number is L0003391.
The QSuper Board has established several subsidiary, wholly owned entities in its capacity as trustee to provide administration, advice, and investment management services to QSuper and QSuper members. These entities include QSuper Limited (ABN 50 125 248 286, AFSL 334546) and QInvest Limited (ABN 35 063 511 580, AFSL 238274) whose Boards of Directors have common membership with the QSuper Board.
QSuper Limited was issued an Australian Financial Services Licence (AFSL) on 1 July 2009, and a variation to the AFSL was granted on 2 August 2010. The AFSL authorises QSuper Limited to:
(a) deal in superannuation products, and provide members with general financial product advice on:
- deposits and payment products
- foreign exchange contracts
- debentures, stocks, or bonds issued or proposed to be issued by a government
- interests in managed investment schemes (excluding investor directed portfolio services)
(b) provide wholesale clients with financial product advice on:
(c) deal in the following classes of financial products on behalf of wholesale clients:
What drives QSuper's high standards of governance is the desire of the Board and management to act in good faith, with foresight, and in the best interests of members.
The Board has established goals it aims to achieve through QSuper's organisational performance, and the delivery of its products and services. These goals guide the development of programs of strategic change.