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 Fund profiles

Timber Industry Superannuation Scheme - TISS

RSER# R1067385
Principal Contact: Colin Cassidy
Acting Chief Executive Officer
Telephone:
(03) 8663 2111

Address:

1 Grattan Street
Carlton  VIC  3053
Website:
www.tissuper.com.au
Overview:

The Timber Industry Superannuation Scheme (TISS) was established in 1985 as the national fund for workers in the forest and forest products industry.
As at the end of March 2007 TISS has grown to over 37,000 members, more than 2600 employers and more than $569 million funds under management.
TISS has a history of strong returns, declaring an earnings rate of 17.0%* for the TISS Diversified Option for the year to 30 June 2006.  This put the TISS Diversified Option at Number 5 in the Top 10 super fund returns listed for the 2005/06 financial year* and is the third successive year in which net investment performance has exceeded 13% for the majority of members.

*SuperRatings' Balanced Option and High Growth Survey 25 July 2006.
*Past performance is not an indicator of future performance.  Investments may rise or fall in value.  Applications to join TISS should be made after considering the information set out in the PDS which can be obtained by phoning TISS 1300 360 988.

Year of Establishment: 1985
Value of Funds: $569 million (as at end of March 2007)
Key Features:
  • Choice of 3 investment options
  • Access to low cost Death, TPD and Income Protection insurance
  • Allocated pension and term allocated pension available
  • Online access to e-commerce for employers and employees
Administrator: Super Benefits Administration
Auditor: Ernst & Young
Custodian: National Custodial Services
Asset Consultant: Frontier Investment Consulting
Legal Advisor: Slater & Gordon

*TISS is issued by TISS Pty Ltd ABN 42 053 498 472 AFSL #: 223988 RSEL #: L0003049 as Trustee of the fund.  Anyone considering joining the fund or holding an interest should obtain a PDS (product disclosure statement) by calling 1300 360 988.

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