POWERED BY MOMENTUM MEDIA
Australian Catholic Super wins ‘Employer of Choice’
Australian Catholic Superannuation and Retirement Fund has been awarded ‘Employer of Choice’ by the Australian Business Awards on Friday.
The industry super fund was one of 52 employers recognised for the award as it maximised the full potential of its workforce through effective employee recruitment, engagement, and retention, according to Australian Business Awards.
The organisation praised the fund’s low fees, responsible investing, and benefits offered through its partnered network.
“As dividends are not paid to shareholders, all profits go back to members in the form of improved services and support, strong investment performance, a variety of choice in investments, self-service over-the-phone access, secure online portals, free seminars and workplace visits,” it said.
The fund was also recognised for its employee intranet site, SuperHub, as it provided “a new way of working for all employees, further developing the organisational culture by improving communication, knowledge management, efficiency and productivity.”
The awards noted the fund’s effective remuneration process that included independent and external benchmarks to ensure remuneration was comparable and competitive within its markets.
“The Voice engagement survey found that Australian Catholic Superannuation is 25% higher than the Australian Financial Services norm and 22% higher than the Australian National Norm when it comes to reward and recognition,” the Australian Business Awards said.
“This standout result looked at the use of monetary and non-monetary rewards to foster high engagement.”
Australian Catholic Super’s chief executive, Greg Cantor, said the award was a testament to the quality of the fund’s employees who focused on providing members with “superior levels of customer service and delivering excellent member outcomes”.
“We do this through strong leadership, embedding and living our values, which are core to our positive culture, and delivering sustainable employee experiences to help our people and culture thrive; all of which make our fund successful and a great place to work,” he said.
The fund along with the other 51 recipients would participate in the international chapter of the program at the World Business Awards.
Recommended for you
Super funds had a “tremendous month” in November, according to new data.
Australia faces a decade of deficits, with the sum of deficits over the next four years expected to overshoot forecasts by $21.8 billion.
APRA has raised an alarm about gaps in how superannuation trustees are managing the risks associated with unlisted assets, after releasing the findings of its latest review.
Compared to how funds were allocated to March this year, industry super funds have slightly decreased their allocation to infrastructure in the six months to September – dropping from 11 per cent to 10.6 per cent, according to the latest APRA data.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.73 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
30.15 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.71 3 y p.a(%)
