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AUSCOAL Mission Statement

To advance the lifelong prosperity, financial security and quality of lifestyle of our members through creating, building and protecting member wealth for retirement.

Vision

In pursuing our Mission, AUSCOAL will help members and their families to:

  • Provision appropriately for their financial future and lifestyle aspirations;
  • Achieve their wealth creation, wealth building and wealth protection goals;
  • Accelerate the growth in their superannuation wealth; and
  • Protect their wealth, lifestyle and financial security in retirement

AUSCOAL is owned for the exclusive benefit of members. We share in the aspirations of members, and so genuinely care for and will stand by the mining community.

Together, member support will bring added and growing mutual advantage to all.

Values

AUSCOAL and its people will uphold the following values:

Integrity:
  • AUSCOAL will manage member superannuation funds consistent with the highest ethical standards and will comply with all laws and regulations.
 
  • AUSCOAL will be responsible and accountable for the protection of the confidential information and retirement assets of members..
Trust:
  • AUSCOAL believes that member loyalty and trust is earned through positive experiences.
 
  • AUSCOAL will uphold the dignity and respect of members in all dealings and at all times.
Openness:
  • AUSCOAL will communicate regularly, openly, factually and on a timely basis with its members.
Care:
  • AUSCOAL will demonstrate its care for members by offering education, products and services that at least meet, and preferably exceed, member expectation.

Advantage to Members

AUSCOAL offers members and their family advantage because:

Mutual:
  • AUSCOAL places the interests of members ahead of all others
Affinity:
  • AUSCOAL is focussed on advancing the interests of miners and their families
Value:
  • AUSCOAL is committed to maximising the value to members
Lifecycle:
  • AUSCOAL offers choice as well as default investment strategies that adjust to personal and changing lifecycle needs and aspirations
Prudence:
  • AUSCOAL offers added security through its commitment to sound risk management, efficiency and governance practices
Service:
  • AUSCOAL offers personalised member care, support and education

Advantage to Employers

AUSCOAL offers employers and their people advantage because:

Industry Focus:
  • AUSCOAL is the only superannuation fund committed to, representative of and supportive of coal mining interests in Australia
Not for Profit:
  • AUSCOAL is strictly not for profit to maximise member benefit and to ensure no dissipation of value to external interests
Performance:
  • AUSCOAL focuses on delivering superior long term investment outcomes through choice and lifecycle linked investment strategies
Coordinated:
  • AUSCOAL offers a complete and coordinated range of pre and post retirement superannuation services, support and financial advice
Convenient:
  • AUSCOAL goes out of its way to help make superannuation arrangements easier, reliable and more convenient for employers
Support:
  • AUSCOAL is the only fund that offers dedicated and ongoing service and other support for employers in the coal mining industry