Diversa Trustees Limited and its related company CCSL Limited are both specialist Trustee companies focussing on superannuation funds in Australia, including retail master trusts, corporate funds, platform (wraps), Pooled Superannuation Trusts, Eligible Rollover Funds and insurance only funds.
Both companies have been in operation for many years and combined provide trustee services to approximately 24 APRA regulated superannuation funds with in excess of $8 billion of assets under management. The group holds significant market share amongst Extended Public Offer licensees, making it the largest EPO Licensee in Australia by number of funds.
The Diversa Trustees model is differentiated in the Australian marketplace as our fundamental approach is to ‘partner’ with client organisations to achieve successful outcomes. This is in contrast to the more traditional model where the trustee adopts a ‘stand-off’ strictly supervisory approach. We strive to be innovative and proactive in assisting clients achieve their objectives and commercial outcomes, while at the same time placing an emphasis on compliance and ‘best practice’ corporate governance.
As trustee, Diversa Trustees assumes day to day management of the funds, ensuring that service providers meet key performance targets, that service levels are achieved and that all regulatory and legislative requirements are fully delivered. Diversa Trustees also deals directly with APRA on all aspects of fund operations and responsibilities.
The advantages of our business model are:
- Simplicity – the provision of superannuation trustee solutions for superannuation funds is our core business activity;
- Full trusteeship is provided by a professional trustee company, with experienced staff, who act solely for the benefit, and in the best interests, of members;
- Our extensive experience in selecting and managing cost-efficient service providers ensure funds retain a competitive edge;
- Flexible and competitive insurance arrangements can be incorporated in funds.