POWERED BY MOMENTUM MEDIA
New director for UniSuper
Big academic industry fund, UniSuper has announced a new appointment to its board – Macquarie University director of human resources, Nicole Gower.
The fund announced that Gower’s appointment had been approved by the UniSuper annual general meeting along with the reappointment of current board members Stephen Somogyi, Grahame McCulloch and Neville Kitchen.
It said Gower was replacing Dr Susan Gould who had retired from the board after serving three terms.
Commenting on the appointment, UnisSuper chairman, Ian Martin said Gower brought sound knowledge of the technicalities of superannuation, having served on two other super fund boards.
“She understands the employment, taxation and trust deed aspects as well as the specific and unique needs of universities and employees at a strategic and practical level,” he said.
AUTHOR
Mike Taylor
Recommended for you
Governor Bullock took a more hawkish stance on Tuesday, raising concerns over Trump’s escalating tariffs, which sent economists in different directions with their predictions.
Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one of the companies’ fastest growing trustee services.
Following growing criticism of the superannuation industry’s influence on capital markets and its increasing exposure to private assets, as well as regulators’ concerns about potential risks to financial stability, ASFA has released new research pushing back on these narratives.
A US-based infrastructure specialist has welcomed the $93 billion fund as a cornerstone investor.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.62 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
Hi, just a big downvote for UniSuper from me. Due to work related stress I retired early and over a period of two years drew down my super paying the required tax because I was under 60. I recently received a massive tax bill from the ATO who discovered that UniSuper had not with-held tax on all of my withdrawals only some of them.
I had no idea this had happened until I received the bill. The ATO has been through the account and seen where they failed to withhold tax.
I have been in touch with them and they advised me to put everything in writing and submit it to the complaints section which I did several months ago but I have heard nothing. Hugely unimpressed by this and will never recommend UniSuper to anyone.
Just FYI! They have messed things up for me big time. Paul