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Cbus Superannuation

Phase: Accumulation
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Product Overview
Superannuation Product Phase TypeAccumulation
Superannuation Product TypeChoice Product
Open to Public?Yes
Open to New Members?Yes
Open to New Employers Superannuation?Yes
Superannuation Product Inception Date1984-07-01
Superannuation Product End Date0
Product Size
Member Accounts (rounded to nearest 10)130490
Member Assets20367065000
Investment Overview
Lifecycle Investments?No
Multi-Sector Investments?No
Single Sector Investments?Yes
Direct Investments?Yes
Fund Overview
RSE NameConstruction And Building Unions Superannuation Fund
RSE ABN75493363262
Fund TypeIndustry
Estimated median account balance48450
Median member age40
Fund Size & Assets (Fund vs Industry)
Membership Growth & Scale (Fund vs Industry)
Age Distribution – Accounts
<25 13.43
25 to 29 11.33
30 to 34 11.64
35 to 39 11.48
40 to 44 10.29
45 to 49 8.8
50 to 54 8.99
55 to 59 7.98
60 to 64 7.2
65 to 69 4.81
70 to 74 2.43
75 to 84 1.52
85+ 0.09
Age Distribution – Members’ Benefits
<25 1.47
25 to 29 3.16
30 to 34 5.81
35 to 39 9.04
40 to 44 10.89
45 to 49 11.46
50 to 54 14
55 to 59 14.5
60 to 64 13.52
65 to 69 8.71
70 to 74 4.46
75 to 84 2.82
85+ 0.16
Members’ Benefits by Gender
Members' Benefits : Female12188075000
Members' Benefits : Male92919643000
Account Movements
Number of member accounts at beginning of period 924408
Number of new member accounts 88264
Of which: Rollovers 0
Of which: Successor funds transfers 0
Number of closed member accounts 85787
Number of member accounts at the end of period 926885
Net movement in the number of member accounts 2477
Growth in the number of member accounts 0%
Contributions
Employer contributions6100322
Member contributions1121753
Defined benefit contributions27612
Contribution tax and surcharge979513
Other members’ benefits flows in0
Total Members' benefit flows in6270174
Returns
One-year rate of return 10%
Five-year rate of return 7.8%
Ten-year rate of return 7.4%
Insurance
Claims Volume
Insurance Claims Received Count1154
Insurance Claims Withdrawn Count6
Insurance Claims Undetermined Count6
Insurance Claims Declined Count0
Insurance Claims Finalised - Other Count42
Insurance Claims Admitted Count1129
Claims Outcomes & Efficiency
Insurance Claims Admitted Amount 149974.98
Claims Admittance Rate (1 year) 99.5%
Claims Admittance Rate (5 years) 99.6%
Insurance Average Claim Duration Number (Admitted claims) 11.01
Licensee Overview
RSE LicenseeUnited Super Pty Ltd
RSE Licensee Ownership TypeNominating organisation ownership
RSE Licensee Profit StatusNot for profit status
RSE licensee board structureEqual representation required by governing rules
Board Directors by Gender
Number of female directors on trustee board4
Number of male directors on trustee board10