History

FuturePlus has a long history of looking after members’ financial well-being in retirement. In the early 1900’s, the predecessors of the Local Government Superannuation Scheme and the Energy Industries Superannuation Scheme provided clients with superannuation through a number of defined benefit pension schemes.

In 1997, the Schemes formed Superannuation Services Company Pty Limited (SSC) to provide a comprehensive suite of financial services to their members. In 1999, the Local Government Superannuation Scheme and the Energy Industries Superannuation Scheme established a licensed Financial Planning organisation, FuturePlus Financial Services, and in 2001, the Schemes acquired a two-third interest in Chifley Financial Services Limited (Chifley).

In late 2003, the operations of FuturePlus and SSC were merged to form the new FuturePlus which now provides superannuation and financial services to members of the Schemes and Chifley. In addition, with FuturePlus Super, FuturePlus also provides employers and the general public access to public offer superannuation and other investment products, employer sponsored funds, insurance, home loans, wholesale investment vehicles and financial planning.

In October 2004, the Local Government Superannuation Scheme acquired Local Government Financial Services Pty Ltd (LGFS) from the Local Government & Shires Associations to provide NSW councils with a range of financial services. FuturePlus was appointed to provide both financial and member services, and investment management to this organisation.

FuturePlus now provides services to clients through a business model that ensures the Trustees of each of our clients are able to tailor services to their members, while leveraging off the scale of the Group.

Our core difference

Our business model is unique - Our clients maintain Trustee independence, but still benefit from scale, expertise and resources.

Superannuation is our core business - We understand its complexities, governance and administrations issues.

We deliver investment expertise - We manage one of the largest investment pools in Australia on behalf of our clients.

Our quality service offering - Our goal is to deliver service excellence to clients’ members and stakeholders.

Leading edge through scale - Our history, our expertise, our size and most importantly our philosophy, enable us to tailor best of breed practices for our clients’ members and employers.