StatewideSuper has been helping South Australian workers save for their retirement since 1986. With over $2 billion in assets and around 130,000 members, it is one of the largest local industry superannuation funds.
Earlier this year, StatewideSuper and Local Super, another SA-based fund, announced that they were holding detailed discussions about a merger. The project is at the due diligence stage with an outcome expected by early 2012.
Chief Executive Officer, Mr John O’Flaherty, said that being a local company provided many benefits to South Australian businesses.
“The great appeal of a local financial provider is the convenience,” Mr O’Flaherty said.
“Clients like to know that when they call us they will talk to a South Australian. With most call centres located interstate or overseas, people find it refreshing to speak to someone in the same city.”
“And in the case of our employer clients, we can often visit their workplace to talk super, or demonstrate the free StatewideSuper Clearing House service.”
“The other appeal in doing business with a local financial institution like StatewideSuper, is knowing that we have a South Australian focus in terms of support and advocacy. We sponsor many South Australian charities and organisations, and have partnerships with many others.”
Mr O’Flaherty said that the new StatewideSuper Advantage Program would provide businesses with an additional benefit to use the SA-based fund.
“The Advantage Program provides an opportunity for our South Australian employers to promote their products and services to StatewideSuper member and employer clients. Each month they’ll be able to offer a different discount or bonus to clients via our website.”
“StatewideSuper are always looking for ways to improve the level of service we provide,” he added. “We feel the Advantage Program offers our members and employers something quite unique and exciting.”
With sound knowledge of the local business community and a variety of products and services, both members and employers can be confident that their super is in good hands.