Welcome to NGS Super’s Annual Members' Meeting page, where you will find information on the latest as well as past meetings.
We’re required to provide you with the following information in accordance with paragraph 29P(3)(b) of the Superannuation Industry (Supervision) (SIS) Act 1993 and regulation 2.10 of the SIS Regulations 1994.
Short-form expenditure summary relating to the entity for the 2022-23 financial year
|Aggregate remuneration expenditure**
|Aggregate promotion, marketing or sponsorship expenditure ***
|Aggregate political donations
|Aggregate industrial body payments*
|Aggregate related party payments*
*In accordance with legal and regulatory requirements, an expense that meets the definitions of more than one category is included in each applicable category.
**Aggregate Remuneration expenditure has been updated since the original AMM notification to correct incorrectly included transactions resulting in the reported figure now down from $4,446,607.
***Aggregate promotion, marketing or sponsorship expenditure has been updated since the original AMM notification with certain new transactions included, and others now deemed out of scope. The reported amount has now decreased from $3,999,246.
Promotional payments and sponsorships
Industrial body payments
Related party payments
Explanations for the short-form expenditure summary for the 2022-23 financial year
Aggregate remuneration expenditure – remuneration for NGS Super’s executive team and trustee directors.
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 – any payments for normal business operations to persons or entities which are related parties of the Trustee for the purposes of Australian Accounting Standard AASB 124. 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 2022-23 Annual Report
- our most recent (2022) Member Outcomes Assessment
- Executive remuneration for 2022-23
Your 2022-23 Annual Statement is available in Member Online.