Fund information

All the important information about Vision Super you might need, including our ABN, USI and MySuper authorisation number.
Governance (assets, members, trust deed)
Company nameVision Super Pty Ltd
FundLocal Authorities Superannuation Fund (LASF)
Fund typeLASF – Industry fund since 1947
Funds Under Management
(31 December 2023)
$13.28 billion as at 31 December 2023
Total membership
(31 December 2023)
84,775 as at 31 December 2023
AdministrationVision Super is one of the few superannuation trustees that internally administers its funds.

ESGVision Super recognises the importance of ESG.More information can be found here
Governing ActLASF is a complying fund under the Superannuation Industry (Supervision) Act 1993 (SIS Act).
Trust deed

Download our Trust deed here.
TrusteeThe trustee of the Fund is Vision Super Pty Ltd.
DirectorsThere are nine Directors,, four appointed on the nomination of the ASU, four appointed on the nomination of the employer associations MAV, VWIA and VECCI, and one independent director.
VSPL ConstitutionVision Super's constitution is a legal document that defines how the company can operate.
Register of relevant interests and dutiesThe Board maintains a comprehensive Register of Relevant Interests and Duties.The following is a summary of the Register.
Director attendance Director attendance at Board meetings
Conflicts Management Policy – SummaryConflict Management Policy
Code of conductVision Super Code of Conduct
Board assessmentBoard assessment
Modern slavery statementModern slavery statement 2022/23
Annual member meeting 2023 minutes and detailsAnnual member meeting minutes     Annual member meeting 2023 details
Reconciliation Action PlanReflect Reconciliation Action Plan July 2021 to July 2022
Workplace Gender Equality Agency (WGEA) compliance report 2022/2023Workplace Gender Equality Agency
Vision Super whistleblower policyWhistleblower policy
How we appoint DirectorsDirector appointment rules
Legal (SEN, voting, actuarial investigation)
Actuarial investigations
LASF defined benefit sub-plan30 June 2023
30 June 2022
30 June 2021
30 June 2020
30 June 2019
30 June 2018
30 June 2017
30 June 2014
31 Dec 2011
City of Melbourne30 June 2023
30 June 2020
30 June 2017
30 June 2014
31 Dec 2011
Parks Victoria30 June 2023
30 June 2020
30 June 2017
30 June 2014
31 Dec 2011
Reports and policies
Remuneration reports2022-2023 
Outsourced service providers Outsourced service providers
Proxy voting policy Proxy voting policy
Significant Event Notices (SEN)Significant Event Notices (SEN)
Licences and registrations (ABN, AFSL,RSE, USI)
Australian Business Numbers
Local Authorities Superannuation Fund ABN: 24 496 637 884
Vision Super Pty Ltd ABN: 50 082 924 561

Important: Please use the Local Authorities Superannuation Fund ABN above for Vision Super products like Vision Super Saver, Vision Personal and pensions. For example, if you are a member and referring to the ABN for tax purposes
Australian Financial Services Licence
(AFSL) (Vision Super Pty Ltd)

USI numberVision Super Saver: 24496637884020
Vision Personal: 24496637884003
RSE licence number
(Vision Super Pty Ltd)
Registration number
(Local Authorities Superannuation Fund)
LASF - R1000603
Super Fund Number
LASF - 474 066 987
MySuper Product Unique Identifier
Postal address
PO Box 18041, Collins Street East, Victoria 8003

Frequently asked questions

We’re required to have Target Market Determinations under the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019.

This is to make sure we’re keeping members at the centre of our approach to the design and distribution of our financial products.

This legislation requires financial services product issuers to design products that are appropriate for the consumers in the target market and consistent with their objectives, financial situation, and needs.

A Target Market Determination is a document which describes who a product is appropriate for (target market), and any conditions around how the product can be distributed to customers. 

It also describes the events or circumstances where we may need to review the Target Market Determination for a financial product.

Cash investment options are generally a combination of money in the bank and money invested for a short time in money market securities, such as bank term deposits and bank bills.

If you are risk averse or working to a short timeframe, then a Cash option that typically provides stable, low risk returns may be suitable for you. This type of investment option will protect the value of your superannuation, but the returns will often be low compared with other investment options.

The risk associated with cash investments is generally minimal, although the returns are also minimal. Cash can be a safe haven in times of economic uncertainty, and occasionally you may wish to preserve capital by allocating some of your super to cash.

We recommend that you obtain financial advice before making any decisions about investing in our Cash option.

To book an appointment with a Vision Super financial planner, either call us or complete our online appointment form:

Go to the form to book an appointment online >

Call our Contact Centre on 1300 300 820 (Monday to Friday 8:30am to 5pm).

Advice fees may apply, which will be discussed with you before any work is undertaken.

We don’t charge switching fees, so there is no impact on your super account balance from switching between investment options. However, if you have the right investment risk profile and your investments are matched up to your risk profile, you shouldn’t be needing to make switches regularly.

From time to time you should review your risk profile, maybe when you are first starting out in the workforce, are in the middle of your working life, a few years away from retirement and/or going into retirement. Otherwise the investments you have in superannuation should be a ‘set and forget’ strategy where you ride the ups and downs of the investments over a longer period.

You can switch investment options for some, or all, of your account balance, future contributions, or both. You can also nominate which investment option you would like your withdrawals to be made from.

You can switch between investment options by logging into our website, or the Vision Super app, or by sending us a completed Investment choice form. You can also call us, on 1300 300 820 (Monday to Friday 8:30am to 5pm).

Investment switches are processed based on the unit prices of the relevant investment options declared on the next business day after we receive your switching request, unless there is a delay with processing due to abnormal market conditions or system failure.

Frequent switching between investment options and trying to second-guess the market can be risky, particularly for high-risk investment options designed to be held in the long-term (6-12 years). You should switch only after a thorough review of your long-term investment strategy.

We recommend that you obtain financial advice before making any decisions about switching between investment options.

To book an appointment with a Vision Super financial planner, either call us or complete our online appointment form:

Go to the form to book an appointment online >

Call our Contact Centre on 1300 300 820 (Monday to Friday 8:30am to 5pm).

Advice fees may apply, which will be discussed with you before any work is undertaken. For full details on advice costs, please refer to the Vision Super Fees and Costs guide.

Growth assets are higher risk but offer a higher potential return compared to defensive assets. They aim to grow the capital that’s invested and provide some income. Defensive assets are lower-risk investments which aim to protect the capital invested while providing an income.

The classification of assets into either growth or defensive has the advantage of simplicity, but it also has limitations when used as an indicator of risk. The classification does not capture diversification, which can have a larger impact on reducing the overall portfolio risk when assets are combined.

Another issue is that different people may have different classifications for the same asset type because there are no regulations governing this area and no clear guidance by the regulators on a standardised growth/defensive split. Classifications of growth or defensive assets may also change over time depending on market conditions and pricing.

We believe that there needs to be greater consistency and transparency in how super funds arrive at their growth/defensive mixes. But in the absence of regulations, there are going to be differences in practice and opinion. To avoid any potential misunderstandings, Vision Super does not publish the growth/defensive split of our investment options.

Compound interest is the interest that is earned on money that was previously earned as interest.

For example, if you have an investment of $100 that pays interest of 5% every year, then in the first year you will be paid interest of $5 over the year (5% of $100).

What happens in the next year? That’s where compounding comes in. You will not only earn interest on your initial $100 deposit, you will also earn interest on the $5 interest that you earned in the first year.

That means you will earn $5.25 in the second next year because your account balance is now $105, even though you didn’t make any deposits. This may not seem like much of an increase, but the effects of compounding becomes  more dramatic over long periods of time. After 30 years, your initial $100 investment would be worth $432.19, and that year you would be paid $21.61 in interest.

Each year your interest earnings will accelerate even more due to compound interest. This cycle leads to interest and account balances going up at an increasing rate, which is sometimes known as exponential growth.

Of course, if you’re borrowing money, compounding works against you. You owe interest on the money you have borrowed, and so your loan balance can then increase over time, even if you don’t borrow any more money.