Melbourne-based UniSuper is already managing 60 per cent of its $60 billion of assets in-house, putting the fund at the forefront of a trend among large retirement schemes to manage member savings internally rather than outsourcing the function to external fund managers. “Given the complexity of the roles and size of the sector, salaries need to be at a level that not only attract good talent but retain it,” said Bricknell. By comparison, 22 out of 55 chief executives and the same number of CIOs received short-term bonuses as part of their total payout. $591,325, Accrued annual or long service not to be included. Market Forces has launched a campaign with UniSuper members to pressure the fund into divesting from companies... Former NAB executive, Kevin Roadnight, has been hired for the role and will commence on 18 November. In addition, he is entitled to a deferred bonus of $242,021, which will be paid in two years.

UniSuper’s Accumulation 1 fees are within the lowest 10 per cent of all funds, while the super funds’ MySuper investment option fees are the fourth, third and second lowest for balances of $25,000, $50,000 and $250,000 respectively, according to Chant West.

Chat to a super consultant on your campus or at one of our member centres. We acknowledge the Traditional Owners of country throughout Australia and pay our respects to their Elders - past, present and emerging. Cookies help us improve your website experience. His package included a base salary of $589,744 with a short-term bonus of $1.02 million, according to Investment Magazine’s 2020 pay survey, which has compiled the data from publicly available annual reports.

Speak to a financial adviser. "We are very concerned about liquidity", says John Pearce, chief investment officer at UniSuper.

Five questions for the Chief Investment Officer - September 2020. We’re the super fund dedicated to Australia’s thinkers, creators and investigators.

Does super industry remuneration pass the BBQ test? General exclusions/exceptions: Footnote: REM includes non-monetary benefits, other benefits or long-service leave.

UniSuper investment chief John Pearce is the highest-paid executive among Australia’s industry superannuation funds and one of 10 people to take home a pay packet of more than $1 million. Set some goals and consider how much money you’re likely to need. Today 55 per cent of the Australian equities portfolio is managed internally, 40 per cent of international equities and 70 per cent of cash, bonds and hybrids. Insurance to protect your growing family of little thinkers, Make the rest of your life the best of your life. CIO John Pearce explains why. While UniSuper’s Pearce received the biggest bonus of any CIO of a large super fund with a $1.02 million payout, his base salary was $589,744. We’re recognised as one of Australia’s best super funds, winning multiple awards and high ratings for our performance, value and service.

A lot of dreaming and a bit of planning can help you prepare for life after work.

Half the members represent the employers, the other half represents, equally, academic staff and general staff. After UniSuper’s John Pearce, AustralianSuper’s Mark Delaney, the Future Fund’s Raphael Arndt and First State Super’s Damian Graham are the next three highest-paid CIOs. We aim to be at the forefront of the super industry as we transition to a low carbon world and our climate change position statement outlines the scope of our commitments.

All the universities have representation on the Consultative Committee.

Just 9 per cent of the balanced fund is invested in unlisted property and infrastructure assets, which posted strong gains in 2016-17. “At First State, our remuneration and reward structures seek to have a direct connection to member outcomes,” Hill said. Of course, the investment... Until the industry agrees on asset allocations this cannot work.

David Elia, CEO of the $45 billion Hostplus super fund, came in second.

Help using this website - Accessibility statement, AustralianSuper, the country's biggest industry super fund, Telstra Super, Equip Super and Cbus.

That’s lower than AustralianSuper’s Delaney who is on $740,800 and Arndt at the Future Fund who gets paid a base of $664,832.

0.87% 6.97% 7.28%. The Board represents, and is accountable to, the members of UniSuper and the Fund's participating employers. Join the revolution in 60 seconds. All the universities have representation on the Consultative Committee. But setting your super up now means your money could earn more throughout your life.

Please login via linkedin to post a comment, Base salaries set to climb as regulation bites. An award winning fund that offers you much more than just great super We’re the super fund for Australia’s thinkers, creators and investigators working in the higher education and research sector. The balanced fund, which has among the highest allocation to equities among its peers, returned 18.4 per cent in 2019 compared to 14.7 per cent for the industry. Data for Investment Magazine’s 2020 pay survey was compiled by Conexus Financial researcher, Poh Jenkinson. We’ve grown to be one of Australia’s largest super funds with more than 450,000 members and $80 billion in funds under management. Up to 80 per cent of UniSuper's assets could be managed internally in five years' time as contributions flow into the superannuation scheme's key portfolios. First State’s Graham was the only investment chief of a major fund to receive a bonus linked to both long-term and short-term incentives (STI). Seven years ago UniSuper's assets were all managed by external specialists. *Past performance is not an indicator of future performance. Incidentally, Elia is one of the few CEOs to earn more than their respective CIO; in this case, Elia’s investment chief Sam Sicilia was paid $967,624, putting him in eighth spot. Here to help you make the most of your super.

Established in 1997, we are committed to working hard for our members so they can enjoy the retirement lifestyle they deserve. Base salaries for superannuation fund executives will likely increase because of new rules that will likely constrain short-term bonus payouts, according to Michael Moses, a principal in Mercer’s remuneration consulting practice. Also, until Industry funds are... Australian Super, the same fund that reduced the value of their unlisted assets by only 9% at the... Hi do you have any info on financial planners in perth?

While the fat pay packets and lavish bonus plans of the private sector have come under fire in the wake of the royal commission, salaries in superannuation are generally lower. UniSuper Advice is a financial planning service generally available to UniSuper members, former members and their families through USM which is licensed to provide financial advice services and deal in financial products.

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