This is a SuperGuide profile of BUSSQ, including fund performance, member demographics, value of assets under management, contact details, and administration details (such as ABN and USI).
This profile is factual information and is not an advertisement or recommendation for BUSSQ.
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BUSSQ overview
BUSSQ is a Public offer Industry fund.
BUSSQ has 28 investment options, 1 MySuper products authorised and 72% of its total assets are invested in a default or MySuper strategy.
Learn more about MySuper funds and the different types of super funds.
Of the 142 funds that provided asset data, BUSSQ ranks 54 largest in terms of total assets under management, which are valued at approximately $5.1 billion.
Of the 142 funds that provided member data, BUSSQ ranks 50 largest, with 73,296 members.
BUSSQ ABN
The BUSSQ ABN number is 85571332201.
BUSSQ has the following USI numbers
| BUSSQ | BUS0002AU |
| BUSSQ PENSIONS | BUS0005AU |
Note: A USI (Unique Superannuation Identifier) is used so that you or your employer pays your super contributions into the correct super fund.
BUSSQ performance
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See also our features on the best performing super funds and the best performing pension funds.
If your fund is not listed as a top performer, check where it appears in our super fund rankings or our pension fund rankings.
Awards won by BUSSQ
In recent years BUSSQ has won the following awards:
- 2018: Specialist Fund of the year (Chant West)
Learn more about the Super funds of the year awards and Pension funds of the year awards.
BUSSQ member profile
BUSSQ has 73,296 members, which ranks it at number 50 largest of 139 funds.
In the 2020 financial year, the number of BUSSQ members changed by -9%, which places them at 94 of 139 funds in terms of growth.
7% of BUSSQ's members are female (compared to an average of 46% across all funds), and 92% are male (compared to an average of 54% across all funds).
BUSSQ member gender overview
In the charts below you can see the age and gender breakdown for BUSSQ fund membership and how that compares across all super funds.
BUSSQ member age overview (male)
Source: APRA. Data contained in these chart as at 30 June 2020
BUSSQ member age overview (female)
Source: APRA. Data contained in these chart as at 30 June 2020
In the chart below you can discover the member balances for BUSSQ members, and how that compares across all super funds.
The average member account balance for BUSSQ is $68,000.
BUSSQ member account balances overview
Data contained in these chart as at 30 June 2020
BUSSQ administration details
Below you can find the administration details for BUSSQ including whether the super fund is open to the general public (Public offer) or not (Non public offer) and how BUSSQ is structured. You can also learn how their expenses ratio compares to other super funds, as well as the gender ratio and remuneration of their board directors.
| Fund's RSE licensee | BUSS (Queensland) Pty Ltd |
| Public offer status | Public offer |
| Fund type | Industry |
| Year Started | 1993 |
| RSE licensee ownership type | Nominating organisation ownership |
| RSE licensee profit status | Not for profit status |
| RSE licensee board structure | Equal representation required by governing rules |
| RSE licensee balance date | 6/30/2020 |
| Operating expenses ratio | 0.4% (average is 1.06%) |
| Number (and percentage) of female directors | 4 (57% - average is 39%) |
| Number (and percentage) of male directors | 3 (42% - average is 61%) |
| Total remuneration of directors on trustee board | $433,000 (average is $474,000) |
| Average remuneration of directors on trustee board | $62,000 (average is $63,000) |
Sources: APRA and publicly available information. Data contained in this table as of 30 June 2020
BUSSQ contact details
Below you can find contact details for BUSSQ including website, email and physical address as well as social media accounts if they are available.
| Address |
299 Coronation Dr Milton Milton 4064 |
| Phone number | 1800692877 |
| Website | www.bussq.com.au/?tab=0 |
| Social media accounts |
Latest Facebook posts by BUSSQ
Articles mentioning Building Unions Superannuation Scheme (Queensland)
Copyright text: All explanatory text is the copyright of SuperGuide Pty Ltd. All data information is the copyright of Australian Prudential Regulation Authority (APRA). All data information is licensed under the Creative Commons Attribution 3.0 Australia Licence (CCBY 3.0).
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