Julie Lander

In her final update for 2022, our CEO Julie Lander reflects on the past 12 months and looks ahead to 2023 and beyond.

CareSuper recently sought judicial advice in the Supreme Court of Victoria around our proposed approach to protect the Trustee for CareSuper (the Trustee) against insolvency in the event of a future fine or penalty.

You may have seen recent media reports regarding the potential impact of new legislation that will affect all profit-to-member super funds from January 2022.

There have been some important issues raised this year around women and what must be done to achieve better outcomes for their financial futures.

This year certainly has turned out to be unusual in many respects, amid so much uncertainty, we’re proud to have delivered a positive return for members.

It’s been positive to see the way people have adapted and even thrived in the unique situation we find ourselves in. I think it’s fair to say no one envisioned coping with a global pandemic when they thought about their plans for 2020. Despite all the changes to our daily lives, our priority is you – our members – and your retirement savings.

We are undeniably in a challenging environment that’s continually evolving. COVID-19 is affecting us all in some way. Things may be uncertain out there, but some things never change - our priority is as always, our members. We’re still right here and working hard to help you achieve your financial goals.

We’re proud to be one of the first super funds to be certified Carbon Neutral by the Australian Government through Climate Active – Australia’s collective initiative for climate action.

We’re pleased to say that CareSuper was recently recognised by SuperRatings as a high-performer in the industry, receiving both the ‘Best Growth Return 2012–2017’ award and the prestigious ‘MySuper of the Year’ award for 2018.

Consumer advocate and expert ratings agency, Canstar, has awarded CareSuper a 5-star rating for Outstanding Value. This makes us one of only seven funds in the country to be recognised with this top rating.

The Productivity Commission released a draft report on Tuesday, which warns of under-performing funds and shows the divide in performance between not-for-profit funds and retail funds.