Equip Super and TelstraSuper announce intent to merge. The Boards of Equip Super and TelstraSuper have entered into a merger agreement. The two funds have signed a non-binding Memorandum of Understanding and have agreed to explore a 'merger of equals' between the two funds.

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Notice of 2024 Annual Member Meeting

You’re invited to the Equip Super Annual Member Meeting on Tuesday 3 December 2024 at 1:00pm AET.

Join us as we reflect on investment markets and the Fund’s performance over the past financial year, and what to expect in the year ahead.

This online event is your opportunity to hear directly from the Fund’s senior leaders and ask any questions you may have about the Fund and your investments.

The Equip Super Annual Member Meeting will be held on Tuesday 3 December at 1:00pm AET. This is an online event, and you’ll need to register your details in order to attend (using the form provided below). Note that registrations close on Monday 2 December 2024 at 12:00pm AET.

Agenda

  1. Welcome and introductions
  2. CEO update and Fund overview
  3. Investments and markets update
  4. Member experience update
  5. Q&A and closing remarks

After the event, we’ll publish a recording of the meeting on this webpage, together with the meeting minutes.

Additional information

The following information must be provided to all members prior to the Annual Member Meeting, in accordance with superannuation regulations.

Short-form summary of expenditure for Equip Super for the 2023-24 financial year

Total expenditure for the financial year 2023-24*
Aggregate remuneration expenditure$5.6 million
Aggregate promotion, marketing, or sponsorship expenditure$3.6 million
Aggregate political donationsNIL
Aggregate industrial body paymentsNIL
Aggregate related party payments$145.5 million

* The expenditure in this table is a summary of payments in relation to all divisions of Equip Super in the year ended 30 June 2024, including Catholic Super. The amounts presented are inclusive of GST where applicable.

Notes to the short-form expenditure summary for the 2023-24 financial year

Please note that due to the way the expenditure categories are defined in superannuation regulation, some expenditure items are counted in more than one category.

  • Aggregate remuneration expenditure: this includes the remuneration for Equip Super’s Chief Executive Officer and all group Executive Officers as well as fees paid to Directors. Further information about this remuneration is available on our website.
  • Aggregate promotion, marketing or sponsorship expenditure: this includes promotional and educational materials, media, advertising, and partnership arrangements.
  • Aggregate political donations: Equip Super does not make political donations.
  • Aggregate industrial body payments: Equip Super did not make any payments to Industrial bodies.
  • Aggregate related party payments: these occur when payments are made to Equip Super-related entities for business operations, or when a Director of Equip Super is a director or former partner of an organisation which provides services to Equip Super. Payments include Trustee services ($83.6 million), investment management services ($55.4 million), financial planning services ($4.6 million), and group Executive Officers and Directors’ remuneration (also disclosed in “Aggregate remuneration expenditure”). More detail on related party payments is available in our Annual Financial Statements.

You’ll find more information in the links below:

For your latest annual statement

Your latest annual statement is also available to view online. Simply log in to Member Online to access the secure member portal.

Scott Cameron

Chief Executive Officer

Scott Cameron was appointed the Chief Executive Officer (CEO) of Equip Super and Catholic Super in 2019. Under Scott’s leadership, these existing, strong and well-established organisations have come together to continue to build on and create a significant profit-to-member superannuation fund. He has overseen considerable growth during his time in the role, with the completion of successor fund transfers for Toyota Super and BOC Super in 2021.

He has extensive experience working across global corporate, financial services and advisory environments with a track record of integrating and expanding highly complex settings.

Prior to Equip Super and Catholic Super, Scott was CEO of Computershare (Australia and New Zealand region), where he also jointly led Computershare’s Global Diversity initiative. Prior to Computershare, Scott was the Chief Financial Officer for Computershare’s Asia-Pacific region. Scott was a Partner at EY before joining Computershare.

Scott holds a Bachelor of Commerce from the University of Melbourne and is a Chartered Accountant.

  • Appointed: September 2019




Michael Cameron

Michael Cameron

FCA, FCPA, FAICD

Chair of the Board, Independent Director

Michael was appointed as Chair of the Equip Super Trustee Board in November 2023. He is an experienced Non-Executive Director and Board Chair, currently chairing Resolution Capital Limited and Heritage and People’s Choice Limited. 

Michael has strong expertise and knowledge in investments, finance, strategy and people leadership. His has led major cultural and organisational transformations, delivered value creating growth initiatives, and implemented industry leading technology change programs. He has also gained experience from involvement in regulatory governance reviews of the financial services industry.

He was previously the Group CEO of Suncorp, and The GPT Group, as well as the Group CFO of the Commonwealth Bank of Australia. He held senior executive roles in a diverse range of property and financial services groups in private and public sector organisations, as well as not-for-profits.

Michael is a fellow of the Institute of Chartered Accountants, fellow of the Australian Institute of Company Directors, and a fellow of the Certified Practising Accountants (CPA) with a Bachelor of Business (Accounting).

  • Appointed: November 2023




Andrew Howard

Chief Investment Officer

Andrew is the Chief Investment Officer and is responsible for leading the investment strategy and portfolio management for the Equip Super Fund. Andrew holds over 25 years’ experience in the investment industry, including extensive knowledge across all aspects of investment management, including investment strategy and portfolio construction.

Prior to joining Equip Super in November 2021, Andrew previously worked in senior leadership positions including Deputy Chief Investment Officer at Hostplus and Chief Investment Officer at VicSuper. In his earlier career he held roles at Mercer, Treasury Group and Frontier.

Andrew holds a Bachelor of Business from Deakin University and a Graduate Diploma, Applied Finance and Investments from FINSIA and is also a Fellow of FINSIA.

  • Appointed: November 2021




Carrie Norman

Carrie Norman

Chief Experience Officer

Carrie is the Chief Experience Officer (CXO) and has extensive leadership experience and has worked within the superannuation industry for over 15 years for a range of funds including UniSuper, Legalsuper, Cbus, and ESSSuper. Across these roles Carrie has led the end-to-end member experience and engagement strategy with oversight and responsibility for Brand, Marketing, Experience, Digital Channels, Product, Employer Relations, as well as Member Services and Advice.

As CXO, Carrie is responsible for Equip Super’s Retirement, Product, Marketing and Financial Planning functions.

  • Appointed: June 2024




Our Annual Member Meeting provides an opportunity for all members to ask general questions of our Board, CEO, and senior leadership team (as well as the Fund’s external auditor and actuaries).

You can ask questions during the meeting itself, or you can submit questions prior to the meeting when you register.

Questions and responses will be included in the minutes of the meeting. In the event that we can’t answer a question during the meeting, we’ll provide a response in the minutes. These will be shared on our website in January 2025.

Please note that we can’t address questions relating to your personal circumstances during the meeting.

Annual Member Meeting 2024

NOTE: Registrations close on Monday 2 December 2024 at 12:00pm AET.

Need a hand?

If you’re have trouble registering, contact us online at any time, or give us a call on 1800 682 626, Monday to Friday, 8:00am to 8:00pm AET, and our team will gladly assist.

Contact us

After you’ve registered, you’ll receive a confirmation email with a link to access the online event.

On the day of the event, click on the link or copy it into your web browser to join from any browser or device. 

Past meeting downloads

Minutes and Q&A

PDF 316592 KB

2023

Additional Q&As

PDF 164533 KB

2023

Short-form summary of expenditure for Equip Super for the 2022-23 financial year

  Total expenditure for the financial year 2022-23*
Aggregate remuneration expenditure$5.2 million
Aggregate promotion, marketing, or sponsorship expenditure$2.4 million
Aggregate political donationsNIL
Aggregate industrial body payments$0.02 million
Aggregate related party payments$129.7 million

*The expenditure in this table is a summary of payments in relation to all divisions of Equip Super in the year ended 30 June 2023, including Catholic Super. The amounts presented are net of any applicable GST claims.

Notes to the short-form expenditure summary for the 2022-23 financial year

Please note that due to the way the expenditure categories are defined in superannuation regulations, some expenditure items are counted in more than one category.

  • Aggregate remuneration expenditure: this includes the remuneration for Equip Super’s Chief Executive Officer and all group Executive Officers as well as fees paid to Directors. Further information about this remuneration is available on our website.
  • Aggregate promotion, marketing or sponsorship expenditure: this includes promotional and educational materials, media, advertising, and partnership arrangements.
  • Aggregate political donations: Equip Super does not make political donations.
  • Aggregate industrial body payments: these include payments to organisations registered under the Fair Work (Registered Organisations) Act 2009. These are payments for marketing, membership and staff training.
  • Aggregate related party payments: these occur when payments are made to Equip Super-related entities for business operations, or when a Director of Equip Super is a director or former partner of an organisation which provides services to Equip Super. Payments include Trustee services, investment management services, financial planning services, and group Executive Officers and Directors’ remuneration (including $5.2 million also disclosed in “Aggregate remuneration expenditure”). More detail on related party payments is available in our Annual Financial Statements.

You’ll find more information in the links below:

For your latest annual statement

Your latest annual statement is also available to view online. Simply log in to Member Online to access the secure member portal. Note that you’ll need your email address and your PIN or password to log in.

Minutes and Q&A

PDF 265832 KB

2022

Short-form summary of expenditure for Equip Super for the 2021-22 financial year:

Total Expenditure For The Financial Year 2021-22*
Aggregate remuneration expenditure$4.74 m
Aggregate promotion, marketing, or sponsorship expenditure$1.77 m
Aggregate political donationsNIL
Aggregate industrial body payments$0.02 m
Aggregate related party payments$134.7 m

*  The expenditure in this table is a summary of payments in relation to all divisions within the Equip Super Superannuation Fund in the year ended 30 June 2022, including Equip Super, Catholic Super, MyLife MySuper and MyLifeMyPension. The amounts presented are net of any applicable GST claims.

Notes to the short-form expenditure summary for the 2021-22 financial year

Please note that due to the way the expenditure categories are defined in superannuation regulation, some expenditure items are counted in more than one category.

  • Aggregate remuneration expenditure: this includes the remuneration for Equip Super’s Chief Executive Officer and all group Executive Officers as well as fees paid to Directors. Further information about this remuneration is available on our website.
  • Aggregate promotion, marketing or sponsorship expenditure: this includes promotional and educational materials, media, advertising, and partnership arrangements.
  • Aggregate political donations: Equip Super does not make political donations.
  • Aggregate industrial body payments: these include payments to organisations registered under the Fair Work (Registered Organisations) Act 2009. These are payments for marketing, membership and staff training.
  • Aggregate related party payments: these occur when payments are made to Equip Super-related entities for business operations, or when a Director of Equip Super is a director or former partner of an organisation which provides services to Equip Super. Payments include Trustee services, investment management services, financial planning services, and group Executive Officers and Directors’ remuneration (including $4.74 m also disclosed in “Aggregate remuneration expenditure”). Payments relating to trustee and investment management services comprise a substantial proportion of related party payments (approx. $125 m). More detail on related party payments is available in our Annual Financial Statements.

Follow the links below to view further information:

For your latest annual statement

Your latest annual statement is also available to view online. Simply log in to Members Online to access the secure member portal. Note that you’ll need your email address and your PIN or password to log in.

Minutes and Q&A

PDF 632430 KB

2021

Minutes

PDF 199142 KB

2020

Q&A

PDF 181982 KB

2020

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