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Annual Members' Meeting
Your super and performance update
Our Annual Members’ Meeting was held on 18 February, providing members a chance to learn more about their super, its performance in 2024 and the outlook for 2025. We also dedicated time to answer your questions.
If you weren’t able to join on the day, or simply want to watch it again, we’ve put a recording of it below.
| Skip ahead with our time codes: | |
|---|---|
| 0:05 | Welcome and Fund Update– Danielle Press, Chair |
| 7:25 | Investment and Market Update – Dan Farmer, Chief Investment Officer |
| 18:00 | Questions |
| 42:10 | Meeting concludes |
Meeting minutes and members’ questions and answers
Download a copy of the meeting minutes
Access members’ questions and answers that we didn’t get to during the meeting.
Ahead of the AMM, we have made available additional information and documents related to your fund1:
- a summary of significant event notices within the last two years to 30 June 2024
- our Fund Information (which includes information about the fund, information about key management personnel, director board meeting attendance and material outsourced service provider)
- latest Member Outcomes Assessment
- Financial report, Directors’ report and Auditor’s report (including remuneration of key management personnel) for the IOOF Portfolio Service Superannuation Fund
- Financial report, Directors’ report and Auditor’s report (including remuneration of key management personnel) for the AvWrap Retirement Service
- detailed payment lists for the 2023-24 financial year including promotion, marketing or sponsorship and payments made to a related party. During the income year, the Fund did not make any payments or gifts to a political entity, campaign, associated political entity or industrial body.
What is the Annual Members’ Meeting?
The Annual Members’ Meeting, overseen by the Fund’s Trustee, IOOF Investment Management Limited, is an opportunity for members to hear about the performance of their super fund during the previous financial year ending 30 June, the economic outlook and the funds’ strategic plan. It also provides members with a forum to ask questions.
What is the Trustee and its role?
The Trustee of IOOF Portfolio Service Superannuation Fund and AvWrap Retirement Service is IOOF Investment Management Limited. The Board of IOOF Investment Management Limited consists of a group of external non-executive directors.
The Trustee has both statutory and fiduciary responsibility to manage IOOF Portfolio Service Superannuation Fund and AvWrap Retirement Service in the best financial interests of its members. This involves overseeing the super fund’s operations and compliance with relevant laws and regulations and making decisions prioritising the interests of our super fund members.
Did I need to attend?
No, you don’t have to attend. We will post a recording of the meeting on our website within one month after the meeting, together with the minutes of the meeting and any questions and answers that we couldn’t get to at the meeting.
If I can’t attend can someone else attend for me?
Anyone can watch a recording of the meeting on our website one month after the meeting.
That time doesn’t suit me. Can I watch the recording afterwards?
A recording of the meeting will be available on our website within one month after the meeting.
That time doesn’t suit me. Can I watch the recording afterwards?
A recording of the meeting will be available on our website within one month after the meeting.
What funds does this meeting cover?
This meeting covers members who have their super in the IOOF Portfolio Service Superannuation Fund and AvWrap Retirement Service. See below for a full list of products covered by this meeting.
- IOOF Employer Super
- IOOF Personal Super
- IOOF Pension
- Expand Essential Super
- Expand Essential Pension
- Expand Extra Super
- Expand Extra Pension
- Shadforth Portfolio Service
- Rhythm Super
When is the Annual Members’ Meeting held?
The IOOF Portfolio Service Superannuation Fund and AvWrap Retirement Service financial year ends on 30 June, and the Annual Members' Meeting must be held by 31 March the following year.
When will I be notified?
Notices to all super fund members are from late November.
Where can I find information from your previous meetings?
You can view the minutes, member questions and answers, and view of a recording of our previous meetings on our Trustee disclosures page.