Catholic Super is governed by CSF Pty Limited ABN 30 006 169 286 as Trustee of the Catholic Superannuation Fund ABN 50 237 896 957. Trustee Directors are ultimately responsible for administering the Fund in accordance with the law and the Fund’s Trust Deed.
The Board has ten Directors. Each Director is elected by the members and employers of Catholic Super, five to represent members and five to represent employers. This ensures that all decisions are based on a balance of views.
The Catholic Super Board meets at least eleven times a year and the term of office of each Director is six years. Elections are decided on a first-past-the-post basis. The nominee who receives the most votes is elected.
Daniel Sexton and Father Michael Morgan resigned their positions. Both of them represented Employers. Marcia Clohesy resigned as a Director representing Members and successfully stood for one of the vacant Employer Representative positions. Brian Reed was the successful candidate for the remaining Employer Representative position and John Connors was elected to the Member Representative position vacated by Marcia Clohesy.
The Trustee employs various professional advisers and service providers to assist in the management of the Fund. The Trustee is not associated with any of these organisations.
Administration Manager: Australian Administration Services
Master Custodian: National Custodian Services
Investment Managers: Refer to Investing your money
Bank: Westpac Banking Corporation
Investment Consultant: Mercer
Auditor: Grant Thornton (formerly William Buck)
Solicitors: IFS Legal
Tax Advisors: BDO
The Fund's Trust Deed provides for the Trustee Directors to be indemnified from the assets of the Fund in the event that legal action is taken against them. To protect the Fund assets, Liability Insurance has been arranged to compensate for any losses that may occur as a result of a claim against the Trustee, the Fund, or the Directors personally.
The current Directors (as at 31 October 2008) are:
John Mildren (Deputy Chair)
Project Manager, Victorian Institute of Teachers
Debra James
General Secretary, Victorian Independent Education Union
Joe Sirianni
Teacher, Holy Eucharist School, St Albans South
Fran Renehan
Teacher, Lavalla Catholic College, Traralgon
John Connors
Principal, St Anne’s School, Kew East