Annual Members' Meeting (AMM) 2023

Meeting details

• Date and time

  The AMM will be held online on Tuesday 28 November 2023 from 5.00pm to 6.00pm (AEDT).

• Agenda

  5.00pm	Welcome Hon. Nick Sherry, Chair Fund Update Frank Sandy, Chief Executive Officer Investment update Edward Smith, Chief Investment Officer
  5.45pm	Question and answer session
  6.00pm	Meeting concludes

• Questions

  If we are unable to answer all of the questions at the meeting, the full list of questions and answers will be available on our website from Thursday 21 December 2023.

• Register by Thursday 23 November to attend online

  You will need to provide your full name, member number, and preferred email address.

  If you have a question you would like us to answer, you can submit it during the registration process. We can only answer questions relating to TWUSUPER, that do not breach our governing laws and do not negatively impact members. Please note, due to privacy restrictions, we cannot answer questions relating to your personal circumstances, but you can call us for further help.

• Unable to join us on the day?

  You can watch the recording

  If you are unable to join the livestream on the day, a recording of the AMM and the minutes will be available after the event.

• For the hearing impaired

  An AUSLAN interpreter will be present at the AMM to provide interpreting services. A full transcript will also be made available after the meeting.

Additional information

The following information is provided as required by 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

Notes to the short-form expenditure summary for the 2022/23 financial year

Please note:The expenditure disclosed in each expense category above is not mutually exclusive. The expense categories are defined in the regulations – as a result, some expenditure items are required to be disclosed in multiple categories. Accordingly, the total amounts should not be considered entirely separate expenditures.

Remuneration expenditure includes the remuneration for the Chief Executive Officer and all Group Executives, as well as fees paid to directors, alternate directors, and other Board/Committee members. Further information on remuneration is available in the Director and Executive Remuneration reports.

Promotion, marketing or sponsorship expenditure includes design, production and distribution of Fund promotional or educational materials, advertising development and media costs, and any sponsorships.

Political donations – TWUSUPER does not make political donations.

Industrial bodies are defined in legislation as organisations registered under the Fair Work (Registered Organisations) Act 2009. Payments include Directors’ fees and alliance partnership arrangements which may include advertising, marketing and education services. These arrangements are made on normal commercial terms.

Related party payments occur when payments are made to TWUSUPER subsidiary entities for business and international operations, when TWUSUPER purchases services from an organisation in which it also invests, or when a director of TWUSUPER is an employee of an organisation which provides services to TWUSUPER. Payments include promotional and marketing services, directors’ fees and Board Committee fees, insurance services, financial planning and other member services.

Further information ahead of the AMM

Links to a range of documents will be available before the AMM. This include:

• A summary of significant event notices and material changes within the last two years
• Remuneration report for Directors and Executive Officers
• Our 2023 Annual Report
• The 2022/23 financial statements:
  • TWU Nominees Pty Ltd Financial Statements YE 30 June 2023
  • TWU Superannuation Fund Financial Statements YE 30 June 2023
• The most recent Member Outcomes Assessment 
• Expenditure disclosure additional information

Detailed Expenditure Lists for financial year to 30 June 2023 (PDF) 

Annual member benefit statements for the year ended 30 June 2023 were issued to members during August 2023. You can view your statement by logging into Member Online.

Alternatively, you can call us on 1800 222 071 between 8am and 8pm (AEST/AEDT) weekdays.