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QSuper to be open super fund in June
All Queenslanders will be able to be a member of QSuper from 30 June, 2017 after the legislation to lift the member requirement restriction was passed by the State Parliament today.
The superannuation fund said it was now focused on working with regulators to secure appropriate licencing to become an open fund.
Currently the fund is only open to current and former Queensland public sector employees or their spouses.
QSuper chief executive, Michael Pennisi, said the fund was focused on helping their members reach their financial goals now and into retirement.
"This is an exciting time for the fund and its members. We have long had members' family and friends keen to access our strong long-term returns as well as personalised solutions and low fees — and soon we will be available to them," he said.
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