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FERF - Fairbrother Employee Retirement Fund

FERF - Fairbrother Employee Retirement Fund
 

FAIRBROTHER employees retirement fund

The Fairbrother Employees Retirement Fund is a non-public offer fund that was formed on the 27 June 1984 by the employer sponsor, Fairbrother Pty Ltd.

Fairbrother Pty Ltd is one of Tasmania’s leading building construction, joinery and facilities management companies.

To purpose of the fund is to provide superannuation benefits for the employees of Fairbrother Pty Ltd. Consistent with Fairbrother Pty Ltd’s recognition of their employees as their greatest asset, the fund is seen as integral part of the total remuneration package offered to management staff.

The fund aims to assist in the Fairbrother philosophy to encourage long term employment relationships and provide a career path through the whole employment cycle, from recruitment to retirement.

This website provides Transparency Information as required under Section 29QB of the Superannuation Industry (Supervision) Act.

 

TRUSTEE DETAILS

Fairbrother Nominees Pty Ltd
RSE No. L0001656 ACN 065 177 657
Registered Office
12 Stony Rise Road
QUOIBA TAS 7310
Phone: (03) 6420 7000

 

  DIRECTORS OF TRUSTEE

Name Role Representative Type Commencement Date Remuneration
Royce Fairbrother Chairman Employer elected 17/06/1994 $8,000
Mark Nugent Director Employer elected 17/12/2004 $8,000
Kurt Arnold Director Member elected 27/10/2014 $4,000
Tameika Adkins Director Member elected 27/10/2014 $4,000

Note: No director remuneration is paid by the trustee. The above remuneration amounts are an estimate of the employer sponsor’s salary that is attributable to the respective FERF directorship role based on the time consumed by each director.


  Director Meeting Attendance
Director 2009 2010 2011 2012 2013 2014 2015 2016 2017
Royce Fairbrother 4/4 4/4 4/4 4/4 4/4 4/4 4/4 4/4 2/2
Mark Nugent 4/4 4/4 4/4 4/4 4/4 4/4 4/4 4/4 2/2
Kurt Arnold N/A N/A N/A N/A N/A N/A 3/3 4/4 2/2
Tameika Adkins N/A N/A N/A N/A N/A N/A 3/3 4/4 2/2
 

 

KEY SERVICE PROVIDERS

Administrator:

Synectic Super Pty Ltd
ABN 66 137 822 372


Investment Advisors

Shadforth Financial Group Ltd
AFSL 318613
ABN 27 127 508 472


Auditor:

Alison Flakemore
Crowe Horwath Tasmania
ABN 21 787 036 684



TRANSPARENCY DOCUMENTS & DISCLOSURES

  1. Trust Deed
  2. 2016 Audited Financial Statements
  3. Product Disclosure Statement
  4. Product Disclosure Statement - Supplementary Information
  5. Governance Policy - including remuneration and conflict policies
  6. Register of Directors Interests
  7. Director Profiles and Responsibilities
  8. 2016 Annual Report
  9. Fairbrother Nominees Pty Ltd Memorandum of Articles of Association

The fund does not provide any financial services to members and is not required to provide a financial services guide.

Rules relating to the nomination, appointment and removal of the trustees or trustee directors are detailed in the Fund’s Product Disclosure Statement.

Proxy Voting Policy

 The trustee does not generally exercise its proxy voting rights as a shareholder in various public companies. Given the fund size and the relative minor % holding in any one stock the trustee does not believe they can significantly influence the outcome of a resolution. The trustee recognizes that to pursue an active voting participation policy would be both costly and impractical. Alternatively the trustee and their investment adviser monitor the various voting requests and generally will only participate where they believe strongly that participation would be to the benefit of the members. 

The company did not exercise its voting rights in relation to shares in listed companies in the 2016 financial year.  

There has not been a significant event or material change notice required to be provided to members in the last 2 years.


 

 

Date of this document: 24/02/2017