LGIAsuper may not be the most well known brand around but it does have a strong presence in the North West.
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The Brisbane-based superannuation company says the North West Mineral Province was home to thousands of LGIAsuper members, many of whom currently or previously have worked for local government.
And in recognition of the important role that the region plays, the company held its September board meeting in Mount Isa inviting locals to a cocktail function the night before the meeting.
LGIAsuper chair John Smith they have provided trusted and reliable investment, advice and insurance solutions since 1965 so their members could achieve a dignified and enjoyable retirement.
“Traditionally we looked after local government employees across Queensland but more recently over the last 12 to 18 months we’ve expanded and opened our doors to everyone,” Mr Smith said.
Mr Smith said that meant more than just looking after their customers’ super.
“We look after their wellbeing – we can help if they are having difficulties with work or their health,” he said.
“That’s why we are here in Mount Isa because it’s important for us to talk to communities where we have members.”
LGIAsuper CEO Kate Farrar said their investment philosophy was to look for steady and reliable returns to reduce risk.
“One of the ways we do this is by investing in great infrastructure assets in local councils around the state that deliver good value returns as well as building our economy,” Ms Farrar said.
“So we have the North Queensland Gas Pipeline (Moranbah to Townsville) and the Sunshine Coast Airport and we also have a holding in the Rockhampton cattle yards and the Gold Coast Light Rail.”
Ms Farrar said they loved helping members get good facilities in the communities they lived in while getting stable and reliable returns.
“It was nice to be here and meet the CEO of the Mount Isa Council and talk about the work they are doing to build the local economy and support the region,” she said.