The Trustee

Our Trustee is AUSCOAL Superannuation Pty Ltd (ABN 70 003 566 989) and is responsible for Mine Wealth and Wellbeing Superannuation Fund’s management and investment decisions.

The Trustee’s job is to make sure Mine Wealth + Wellbeing:

  • works in the best interests of members and their beneficiaries
  • follows the Trust Deed, Mine Wealth and Wellbeing Fund's rule book
  • follows the superannuation laws, rules and regulations.

The Trustee is licensed by the Australian Prudential Regulation Authority, the government body that supervises the superannuation industry, to be a Trustee of a public offer superannuation fund.

The Australian Securities and Investments Commission has given the Trustee an Australian Financial Services Licence, number 246864, to provide general financial product advice on superannuation.

The Trustee

The Trustee is equally represented by both coal industry employees and employers, working together in the best interests of members and their families.  

nswmc

NSW Minerals Council (NSWMC) - 25%

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 qrc

 Queensland Resources Council (QRC) - 25%

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 cfmeu

Construction Forestry Mining Energy Union (CFMEU) Mining and Energy Division - 50%

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