UniSuper

UniSuper has been granted a MySuper authority, enabling it to continue to receive default superannuation contributions from 1 January 2014.

[2] UniSuper has pursued a strategy of buying 'fortress' stocks (defensible against disruption), as well as bringing investment functions in-house, in order to achieve significant returns over time.

[3] In May 2024, due to a misconfiguration of a Google Cloud VMware Engine Private Cloud by Google operators as a result of leaving a parameter blank, a previously unknown bug was triggered, resulting in all of UniSuper's data on the platform being deleted.

[4] The vast majority of data was later recovered from backup sources, and Google put in place safeguards to ensure a similar incident would not happen again.

The Board represents, and is accountable to, the members of UniSuper and the Fund's participating employers.