QSuper

QSuper
Company type Not for profit
Industry Superannuation
Founded 1912
Headquarters Brisbane, Queensland,
Australia
Key people
 Michael Pennisi (chief executive officer)
Website qsuper.qld.gov.au

QSuper was an Australian superannuation fund based in Brisbane, Queensland. The fund was established in 1912 through an Act of Parliament. The State Public Sector Superannuation Scheme was also known as the QSuper Fund. The board of trustees of the State Public Sector Superannuation Scheme (QSuper Board) was responsible for the management of the QSuper Fund. On 26 Oct 2015 Michael Pennisi, the chief strategy officer replaced Rosemary Vilgan as CEO, who had served in that position for 18 years.

QSuper was a not-for-profit fund and has a MySuper authority, with around 585,000 members and $113 billion funds under management. The fund was to all Australians. On 1 December 2016, the Queensland Government passed legislation lifting application restrictions from just government employees and their spouses, which took effect on 30 June 2017.

On 28 February 2022, QSuper merged with Sunsuper to become part of the Australian Retirement Trust.

Awards

SuperRatings fund of the year for the 2014/15 and 2015/16 financial years

Chant West Best Fund for Member Services 2016

Chant West Best Fund Innovation Award 2016

Awarded Pension Fund and Large Fund of the Year at the Conexus Financial Awards 2016

Best Fund: Investments, Chant West 2017

Pension Fund of the Year, 2018, Conexus

Pension of the Year 2019, SuperRatings

Best Pension Fund Manager, 2019, Money Magazine

Investment

There are a range of investment options available to members including an investment strategy that changes dependent upon a member's age and balance. QSuper has options for members to invest in cash, shares, term deposits and exchange traded funds.

Management

The CEO was Michael Pennisi, who replaced Rosemary Vilgan in 2015.

Services