It may be a separate entity but if the super fund is investing heavily in QANTAS shares to provide a return for members then this is cause fir concern!
Of course you will get something (your full and proper entitlement) depending on the performance of the fund's chosen investments. The same as you would with any super fund!
Who are the trustees of the fund? It may be Joyce himself!!
Keep asking questions and obtain independent advice whether a move to a less risky investment profile is recommended.
Of course the company will try to discourage you from transferring your super elsewhere as they are probably using the super fund to finance it's cash-flow!
One of the reasons the QF/BA merger floundered was that BA owed it's employees pension find more than it could afford after using the pension fund as it's own bank for years!! A massive liability it could not and still cannot make good.
Food for thought
More to follow
The kelpie