Why choose BUSSQ? - BUSSQ

Why choose BUSSQ?

Our reason for being is to help workers like you in the Queensland Building, Construction and Civil industries get your super working as hard as you do.

We know super’s probably the last thing on your mind. So we’re here to help you get it sorted.

Our goal is to help you plan for a richer retirement. We do this by giving you access to good reliable financial advice about your super that you can understand, personalised service when and how you need it, and by delivering you solid long term returns.

We’re here to help you every step of the way.

We have more than 90,000 members and have been assisting workers in the industry and their families for almost 30 years. So we have a long history of delivering for members.

Let us deliver for you too!

Other reasons members tell us they CHOOSE BUSSQ

Low FeesLow fees

BUSSQ keeps their fees low to ensure more money goes to members. There are no establishment or contribution fees and their direct administration fee is only $1.50 per week. Our members always come first. PROFITS are returned to members, unlike many other super funds that pay a proportion of their profits to shareholders and commissions to agents. This means more money for you. 

Strong InvestmentStrong investment returns

BUSSQ is one of Australia’s best performing super funds and has consistently outperformed other super funds over the long term. BUSSQ delivered members a strong 7% return for their Balanced Growth investment (default) option for the 15/16 financial year. BUSSQ has also been awarded SuperRatings 7 Year Platinum Rating for 2009-2016 and was awarded Money Magazine Best Balanced Super Fund for 2010 and 2011.

QLD-iconIndustry super fund

BUSSQ is an industry super fund that was created by Queenslanders in the building, construction and civil industries. We service members nationally and pride ourselves on being an active member of the industry. We support Mates in Construction (MIC) with various endeavours that raise vital funds to assist their cause. We sponsor various training organisations and awards programs to support the industry. We also support the Cancer Council Queensland to raise awareness about skin and prostate cancer prevention.

Financial PlanningBUSSQ offers financial advice

Our advice ranges from simple, straightforward advice at no extra cost to members, to more complex advice that is competitively priced on a fee for service basis. Our fees are low, structured purely for cost recovery and they can be deducted from your super account, so you won’t be out of pocket. 

Straightforward advice at no extra cost includes:
  • Choosing insurance
  • Choosing investments and
  • Contributions including salary sacrifice

BUSSQ also offers members more complex financial advice about their super on a fee for service basis which is charged at $150* per hour, however the initial meeting won’t be charged. 

Complex advice provided on a fee for service basis includes:
  • Retirement planning and pensions including ways to improve the Centrelink Age Pension
  • Transition to Retirement (TTR) pensions and other associated benefits
  • Advice on rolling various super accounts into one to save
  • Periodic reviews and implementation of complex advice provided

Industry Leading ArrearsIndustry leading arrears process

BUSSQ is committed to making sure you receive the super you’re entitled to. Our highly skilled Arrears Department works closely with unions, employers and major contractors to help you get the super you’ve worked hard for. If you have questions or concerns about your super payments, please contact us.

Insurance FlexabilityInsurance flexibility

Our insurance products are designed to provide you with a simple, low-cost alternative when it comes to purchasing insurance protection. Cover includes:

  • Death only
  • Death and Total and Permanent Disablement
  • Income Protection

Cover is specifically for the building, construction and civil industries and the insurance premium you pay depends on the work you do, the amount of cover you choose, your age and whether you are male or female. We have cover for both on-site and in the office workers – so we have affordable cover for everyone’s needs. Members can deduct their insurance premiums from their super account also, so you won’t be out of pocket either.

smiley_iconEveryone can join BUSSQ

We’re a public offer super fund which means that anyone can join BUSSQ. So not only you can join, but also your partner, family and friends. Having all your family’s super in one place makes it easier to manage.

tick_iconCHOOSE BUSSQ for life

BUSSQ offers products that suit apprentice’s just starting out, right through to those who are retired. We have a range of products to cater for members needs through every lifestage including our SuperRatings Platinum Rated Pension Products. So when you change jobs there is no need to change super funds. We’re here to help you every step of the way. 

For more information call us on 1800 MY BUSSQ (1800 692 877).

If you’re not already a member you can Choose BUSSQ too –simply join now.

See what our members say about BUSSQ

*BUSSQ offers members personal limited financial advice about their super including: choosing insurance, choosing investments and contributions, at no extra cost as it is included in the fund’s administration fees. This advice is offered over the phone. BUSSQ also offers members and non-members more complex financial advice on a fee for service basis. This advice can be done in person or over the phone. Our fee for complex advice is very competitively priced at $150 per hour which includes GST. The cost is very low and structured purely for cost recovery. It is expected that most complex advice will cost between $300 and $750, depending on the complexity and time required by the financial planners. Non BUSSQ members who receive advice will need to be billed for the advice separately.