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BUSSQ targets super compliance

Fund appoints contribution arrears manager

By Alice Uribe
Thu 18 Mar 2010

BUSSQ has strengthened its compliance program so members receive entitlements.


Building and construction industry superannuation fund BUSSQ is boosting its compliance capacity with its latest appointment.

Damien Simonfi, who has more than 10 years' experience in debt recovery, tactical planning and process improvements, has been appointed as a contribution arrears manager.

Together with BUSSQ arrears control officer Diana Sales, Simonfi will work to reduce non-payment or late payment of members' super. He will work with unions, contractors and employers to reinforce the BUSSQ arrears and collections processes.

"It's vital that members receive the super they're entitled to and Damien will help strengthen the compliance program we already have in place," BUSSQ said in a statement.

The Queensland-based fund recently appointed David Southwood as an in-house financial advice manager to ensure its members' needs are met by its outsourced financial advice partner, Money Solutions.

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