Our activities at CSC are guided by legislative and government requirements, and by our vision, mission statement and strategic objectives.

This annual report describes our activities for the 2019–20 financial year and satisfies the requirements listed in Part 3, Division 2 of the GAGSS Act, section 46 of the PGPA Act and in the Public Governance, Performance and Accountability Rule 2014.

The report is organised as described below.

Introduction

The introduction describes CSC, our superannuation schemes and our customers.

Our performance

The performance section includes our Chair’s review of the year’s activities, and our Annual Performance Statements as required under the PGPA Act.

Our Board of Directors

This section introduces CSC’s Board of Directors for 2019–20. It outlines their responsibilities, remuneration and director indemnity. It also describes how our Board delegates its authority and how its performance is reviewed.

Our governance

The governance section describes our Board’s governance framework and CSC’s regulatory requirements. It explains our approach to financial and risk management, compliance, fraud control, member outcomes and internal auditing.

Our investments

The investments section details how investment performance affects our customers’ superannuation benefits. It also describes CSC’s investment approach, strategy, governance, environmental and social practices, and investment options. Our investment performance to 30 June 2020 is shown.

Our superannuation services

This section outlines the superannuation services we provide to customers and employers, and details how satisfied our customers and employers are with those services.

Our superannuation schemes

This section outlines how we managed each super scheme on behalf of our customers in 2019–20, and accounts for our actions against CSC’s governing legislation.

Financial statements

This section contains the audited financial statements for each fund and CSC.

Reporting requirements

This section lists CSC’s specific reporting requirements.

Index

The index is a quick way to find specific details in the report.