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Our governance framework


Mercy Super (ABN 11 789 425 178) is a complying resident regulated superannuation fund within the meaning of the Superannuation Industry (Supervision) Act 1993. Mercy Super is governed by a Trust Deed and subsequent deeds of variation which outlines our governing rules.

Mercy Super Pty Ltd (ABN 98 056 047 324, AFSL 418976) is the Trustee which has a Board of Directors that are responsible for the management and operation of Mercy Super. The Board of Directors consist of an equal number of Employer and Member Directors that are nominated, remunerated and appointed in accordance within the rules of the Mercy Super Pty Ltd Constitution.

The Fund’s Executive Team is responsible for the day-to-day administration and management of Mercy Super. You can find more details about our Directors and Executive team on the Our People page. The following provides further information on the Board’s operating charters, processes as well as Director interests, remuneration and meeting attendance:

Reports, Financials and Disclosure documents


Here you will find our disclosure documents, annual report and financial accounts, along with the report from the most recent actuarial investigation into the Fund’s defined benefits:

Significant events and material changes


Mercy Super keeps members informed of any material changes or significant events that affect their membership. These may advised through a member newsletter or other communication issued via email or mail.

Below are notices issued to members within the previous two years:

Notice to Members – July 2018 edition

This edition provides details about some changes to:

  • The Strategic Asset Allocation of the MySuper Balanced investment option
  • Cash asset class change to incorporate an Enhanced Cash exposure
  • Adjustments to the level held for the Operational Risk Financial Requirement

Notice to Members – May 2017 edition

This edition provides details about some changes to:

  • The investment options from 1 July 2017, including the restructure, closure and addition of options available within Super and Income accounts and a limited service period due to the restructure of these investment options
  • The way we communicate with our members, adopting an electronic communication approach as default wherever practicable
  • Regulatory changes coming into effect from 1 July 2017 including changes to contribution caps, income levels for the spouse contribution tax offset, limits to the amount of super that can be transferred to a tax free income account and the introduction of taxation to the investment earnings on transition to retirement income accounts

Service providers


Mercy Super engages a number of service providers to help manage the Fund. Here you will find the name and ABN of each outsourced provider that has a material business relationship with Mercy Super.

 

Latest news

Transition Plan – Insurance in Superannuation Voluntary Code of Practice

Transition Plan – Insurance in Superannuation Voluntary Code of Practice

From 1 July 2018 Mercy Super adopted the Insurance in Superannuation Voluntary Code of Practice “the Code”.  Under the... Read more
Mercy Super’s MySuper Balanced option ranked #1 – again!

Mercy Super’s MySuper Balanced option ranked #1 – again!

Mercy Super’s default MySuper Balanced option was ranked #1 for the 12 months to 31 October and 30 September... Read more
Mercy Super is sending one lucky member on the Miles for Miracles: Japan Trek 2019

Mercy Super is sending one lucky member on the Miles for Miracles: Japan Trek 2019

Thank you to all who applied to be the Mercy Super sponsored member to participate in the Miles for... Read more