Annual Members' Meeting
2024 Annual Members' Meeting
Please join NGS Super for our Annual Members’ Meeting (AMM) to hear an update on how the Fund is performing and our expectation for the year ahead. You’ll also have the opportunity to ask questions of our Board, executive team and other experts.
The NGS Super AMM will be held online.
Date: Wednesday 27 November 2024
Time: 4.30pm (AEDT)
Please register before COB 25 November 2024 to ensure you receive the event link.
To register, complete the form below. We’ll send you a link to the online event and a reminder closer to the date.
Agenda
4.30pmWelcome — Dr Geoff Newcombe AM (Chair)
4.40pmFund update — Natalie Previtera (Chief Executive Officer) Ben Facer (Deputy CEO/Chief Strategy Officer)
5.00pmInvestment update — Ben Squires (Chief Investment Officer)
5.15pmMember questions
6.00pmClose
Your questions
We welcome any questions our members may have about the Fund. If we can’t answer all questions during the meeting, we’ll provide a written response within one month of the meeting. You can submit questions ahead of the meeting via email at [email protected].
We are not able to answer questions regarding personal circumstances due to privacy restrictions.
Further information
Superannuation law requires us to provide you with the following information.
Short-form expenditure summary relating to the Fund for 2023-24
| Expense category | Amount ($) |
|---|---|
| Aggregate remuneration expenditure* | 4,508,420 |
| Aggregate promotion, marketing or sponsorship expenditure* | 4,177,441 |
| Aggregate political donations | Nil |
| Aggregate industrial body payments* | 197,224 |
| Aggregate related party payments* | 2,644,736 |
*An expense that meets the definitions of more than one category is included in each applicable category.
Explanations for the short-form expenditure summary for the 2023-24 financial year
Aggregate remuneration expenditure – remuneration for NGS Super’s directors and executive team.
Aggregate promotion, marketing or sponsorship expenditure – relating to the design, production and distribution of Fund promotional and education material. This amount also includes sponsorships, partnerships and advertising costs.
Aggregate political donations – NGS Super does not make political donations.
Aggregate industrial body payments – any payments to industry bodies registered under the Fair Work (Registered Organisations) Act 2009. This includes partnership arrangements for activities that contribute to member education and engagement, and ongoing growth of the Fund.
Aggregate related party payments – includes any payments made to entities connected to NGS Super, or where the key management personnel of an entity includes a director or executive officer of NGS Super. Related parties include NGS Financial Planning Pty Limited, Independent Education Union and Association of Independent Schools.
Other information available to you
- a summary of significant events or material changes over the past two financial years
- our 2023-24 Financial Report including financial statements, directors’ report, auditor’s report and key management personnel remuneration report
- our 2022-23 Annual Report
- our most recent (2023) Member Outcomes Assessment
- detailed payments listings for promotion, marketing and sponsorship, industrial body payments and related party payments (will be published on this page prior to the Annual Members' Meeting)
- key management personnel including qualifications, experience, and attendance at Board meetings
- outsourced service providers
Your 2022-23 Annual Statement is available in Member Online.
Your 2023-24 Annual Statement will be available in Member Online in early November.
Our 2023-24 Annual Report will be available prior to the Annual Members' Meeting.
2023 Annual Members' Meeting
We live-streamed the 2023 NGS Super Annual Members' Meeting (AMM) from Sydney on Thursday 16 November 2023, which included presentations from our Chair, Dr Geoff Newcombe, Chief Executive Officer, Natalie Previtera, Deputy CEO/Chief Strategy Officer, Ben Facer, and Chief Investment Officer, Ben Squires. Our Executives also answered questions which were submitted from members.
