Commonwealth Superannuation Corporation Annual Report 2017–18


15. Glossary

ABN Australian Business Number

ADF Cover Act Australian Defence Force Cover Act 2015

ACTU Australian Council of Trade Unions

ADF Australian Defence Force

AFS licence Australian Financial Services licence

APRA Australian Prudential Regulation Authority

APS Australian Public Sector

ARIA Australian Reward Investment Alliance

ASFA Association of Superannuation Funds of Australia

AUM In finance, assets under management (AUM), sometimes called funds under management (FUM), measures the total market value of all the financial assets which a financial institution such as a mutual fund, venture capital firm, or brokerage house manages on behalf of its client and themselves

CEO Chief Executive Officer

CIO Chief Investment Officer

CPI Consumer Price Index

CPSU Community and Public Sector Union

CSC Commonwealth Superannuation Corporation

CSCri Commonwealth Superannuation Corporation retirement income

CSS Commonwealth Superannuation Scheme

CSS Act Superannuation Act 1976

DFRB Defence Forces Retirement Benefits Scheme

DFRB Act Defence Forces Retirement Benefits Act 1948

DFRDB Defence Force Retirement and Death Benefits

DFRDB Act Defence Force Retirement and Death Benefits Act 1973

DFSPB Defence Force (Superannuation) (Productivity Benefit) Determination 1988

ESG Environmental, social and governance

GAGSS Act Governance of Australian Government Superannuation Scheme Act 2011

IFS Industry Fund Services

IP Income Protection

MilitarySuper Military Superannuation and Benefits Scheme

MilitarySuper Act Military Superannuation and Benefits Scheme Act 1991

PDS Product Disclosure Statement

PGPA Act Public Governance, Performance and Accountability Act 2013

PNG Act Papua New Guinea (Staffing Assistance) Act 1973

PNG Scheme Papua New Guinea Scheme

PRI Principles for Responsible Investment

PSS Public Sector Superannuation Scheme

PSS Act Superannuation Act 1990

PSSap Public Sector Superannuation accumulation plan

PSSap Act Superannuation Act 2005

RSE Registrable Superannuation Entity

RSEL Registered Superannuation Entity licence

SIS Act Superannuation Industry (Supervision) Act 1993

TPD Total and permanent disability

1922 Act Superannuation Act 1922


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