LUCRF extends CPT to Queensland
Industry superannuation fund LUCRF Super has announced that it is extending its LUCRF Community Partnership Trust to Queensland.
The Community Partnership Trust was established in November 2010 and is intended to allow the super fund to engage with the communities in which its members live and work via sponsorship of community projects.
The fund said last week that it had so far supported more than 14 worthy community projects in Victoria and New South Wales.
Commenting on the initiative, LUCRF Super chief executive Greg Sword said the Community Partnership Trust formed partnerships with employers, employees and members who pledge their support through a Workplace Giving Program or one-off contributions.
Sword flagged that the fund would be extending the program to South Australia.
AUTHOR
Staff Writer
Recommended for you
Australia’s largest licensee has seen the biggest number of adviser losses over the past week, while the expected wave of new entrants has boosted overall adviser numbers.
Iress has increased its forecast adjusted EBITDA by $5 million for the 2023/24 financial year in light of the sale of its platform business to Praemium and hinted at a return to dividend payments.
With just 30 per cent of Australians knowing their superannuation balance to the nearest $1,000, Findex has emphasised the role of financial advice in addressing the critical super knowledge gap.
New Insignia Financial CEO Scott Hartley has detailed the impact of the Godfrey Pembroke exit and the progress in resetting its financial advice model on its latest quarterly results.
