Super Trustee Limited acts as the statutory supervisor for various retirement schemes and investment funds. It is responsible for approving investment strategies, auditing financial reports, communicating with regulatory bodies, and overseeing custodians that hold members' investment portfolios. Administrative functions like processing applications and consolidating financial information are handled by the administrator, Astus. Independent financial advisors introduce members and recommend investment options adhering to each fund's investment guidelines.

1. Super Trustee Limited - Organisational chart - Appendix F
Statutory Manager
required to comply
with FMC Act.
Manager role
includes
Reporting to
supervisor
Agree SIPO
Approve and
propose
investments to
supervisor for
approval
Proposed CIP has
this role. Other
licenced managers
may appoint STL as
supervisor subject
to FMA licence
terms
Super Trustee Ltd - scheme
trustee [statutory supervisor]
Role includes;
approve SIPO, authorise
investments,
annual audit,
statutory annual member
report,
amendments to deed of trust,
& forms,
opening custodial sub
accounts,
reviewing admin reports,
approving and accepting
pension transfers
correspondence with the FMA
Astus
Admin Manager [PIE
proxy] – possible
process member
applications by
trustee to custodian
to open sub accounts,
act as co signatory
with trustee directors
of trustee bank
accounts and
custodial member sub
accounts
financial
administration –
consolidate fund
information from
various fund
managers
assist trustee with
member, tax and
financial reporting
Custodians
Manager and supervisor appoint
custodians/platforms to hold individual member
portfolios
CIP
FNZ
Capital Int IoM
IFA groups
- Introduce
members
- Propose
investment
strategies in
accordance with
the scheme SIPO
- Fendalton may
approach CIP
regarding
manager role.
trustee.net.nz ltd
100% s/h of STL
Member funds constituted according to scheme SIPO
Distinguishable according to member, adviser, custodian, individual investments and PIE/non-PIE status
FMA – regulates all NZ parties other than trustee.net and Astus which [is] a firm of accountants