In June 2016 the Queensland Parliament introduced a Bill that, if passed, would lift the restrictions on who can become a QSuper member. We’re really pleased to let you know that the Bill has now passed which means we’re one step closer to being open to anyone who’d like to apply to join us!
There are still a number of things we need to do before we will be able to officially welcome new members (which will take a few more months), but we’re really looking forward to welcoming friends and family of our existing members who have been asking about joining us for a number of years.
If you’re already one of our members, there’s nothing you need to do. We’re committed to working with you throughout your life, so you can create a better financial future, and that won’t change.
If you’re looking to apply to join us, you too can enjoy the same great membership benefits, including genuine service, low fees and proven returns.1
If you want to know more, check out our FAQs below, or call us on 1300 360 750 and we’ll be happy to have a conversation about what it could mean for you. Interested in becoming a member? Stay in the loop by registering to receive our regular updates.
On 1 December 2016, the Queensland Government passed legislation which allows us to change the eligibility criteria of who can become a member. This is a big step for us, but there are still a number of things that need to happen for us to be able to open our doors. We will let you know as soon as we have more information on when we’ll officially be open to everyone.
Yes. Our move to being open to everyone was discussed with the Queensland Government as part of considerations around them wanting to give Queensland Government employees choice of fund.
No – there’ll be no changes to any existing arrangements for members with a Defined Benefit, State or Police account when QSuper becomes open to everyone or for choice of fund being introduced for Government employees.
However if you would like to choose to join another super fund, then your Defined Benefit (or State or Police) account will be closed and you will not be able to reopen it.
1 Past performance is not a reliable indicator of future performance. SuperRatings Benchmark report 2016. SuperRatings does not issue, sell, guarantee or underwrite this product. Go to www.superratings.com.au for details of its ratings criteria. Ratings are only one factor that you should consider when deciding how to invest your super. Before you make any decisions about the product, you should consider things like fees, the services and benefits offered and long-term performance.