BUILD. BELONG. GROW.
# Insurance cover is subject to eligibility. * Investment returns are net of investment fees and costs, and taxes, and the percentage-based administration fee. Average return since inception is based on the performance of the Balanced Growth Super option from 1/01/85 calculated at 30/06/24. Past performance is not a reliable indicator of future performance. Performance is only one thing to consider when choosing a super fund. For more information go to ASIC's MoneySmart. ^Advice cost is included in administration fees. Personal advice is provided by our Authorised Representatives of IFS-ABN 54 007 016 195 AFSL 232514. IFS is responsible for its representatives’ advice. Consider the PDS & TMDs at bussq.com.au before acquiring or holding a product.
Independent Report
KPMG has performed an independent review and has concluded that BUSSQ’s current directors and officers are fit and proper, and that, with the exception of an area where recommendations have been made, the CFMEU connected expenditure decisions are consistent with the sound and prudent management of BUSSQ’s business operations.
The Trustee was required by APRA to appoint an independent third party to conduct a review into the fitness and propriety, policies and processes of BUSSQ’s directors and officers, and whether certain expenditure connected with the CFMEU QLD/NT was made for the sound and prudent business operations of BUSSQ, having regard to the best financial interest’s duty.
BUSSQ Board of Trustees Chair, Chris Taylor, said,
“We welcome the report's positive findings into the Board’s overall compliance in these areas, which come as no surprise. Strong governance practices have been a focus for this Board since I became Chair three years ago. We will continue to make improvements, as we’ve always done, to ensure our governance practices meet the high expectations of our members and the regulators.”
Damian Wills, BUSSQ CEO, added,
“KPMG’s independent review has confirmed that the Trustee has appropriate policies, processes and practices in place for the sound and prudent management of the funds operations. Some recommendations have been made, as we expected, to further improve processes, practices and documentation, and these will be addressed in our uplift plan, which will be published soon.”
40 years of personalised service
For 40 years we’ve helped workers in the building and construction industry build a better financial future.
We understand the industry, so are best placed to help you build, belong, grow your financial future, so you can retire happy.
Whether it’s providing access to:
- Personalised service to help sort your super and insurance
- Personal financial advice, or
- Specialised services to help you navigate the curve balls the industry can throw your way.
After talking to the BUSSQ Team I feel more comfortable with our finances in the future.
The advice that we received was extremely helpful and very easy to understand in the way that is was presented to us, it was like talking to a old friend. Very valuable service from BUSSQ thank you.
The appointment and advice given was very informative and helpful Thanks again to the BUSSQ team.
I feel my talk with Craig has helped me immensely. I now feel confident in what I am doing with my Superannuation. He has steered me in the right direction with his down to earth explanations.
Informative advice given. Projection of future earnings was helpful. Polite and helpful consultation. Would recommend to other members to take the time to book one on one meeting.
The advice that we received was extremely helpful and very easy to understand in the way that is was presented to us, it was like talking to a old friend. Very valuable service from BUSSQ thank you.
Exceptional service and clear information make me feel well-supported. Highly recommended.
After talking to the BUSSQ Team I feel more comfortable with our finances in the future.
The advice that we received was extremely helpful and very easy to understand in the way that is was presented to us, it was like talking to a old friend. Very valuable service from BUSSQ thank you.
The appointment and advice given was very informative and helpful Thanks again to the BUSSQ team.
I feel my talk with Craig has helped me immensely. I now feel confident in what I am doing with my Superannuation. He has steered me in the right direction with his down to earth explanations.
Informative advice given. Projection of future earnings was helpful. Polite and helpful consultation. Would recommend to other members to take the time to book one on one meeting.
The advice that we received was extremely helpful and very easy to understand in the way that is was presented to us, it was like talking to a old friend. Very valuable service from BUSSQ thank you.
Exceptional service and clear information make me feel well-supported. Highly recommended.
