Industry
20 funds in five years: Fairley’s consolidation prediction
Rising pressure on underperforming funds could see only a handful remaining in the near future, as the trend of consolidation gathers pace, experts say.
Ben HurleyJuly 23, 2021
Andrew Fairley
Industry
Innovate to avoid forced mergers: Fairley
Greater transparency brought on by new regulatory requirements will lead to funds quickly realising the writing is on the wall to merge, but time might be running out for some, Togethr and Equipsuper's Andrew Fairley says.
Matthew SmithFebruary 8, 2021
Chair's Seat
Equip Super’s Andrew Fairley: Board approval
The independent chair of Equip Super, Andrew Fairley, believes the fund’s skills-based trustee selection is the way forward for the sector.
Amanda WhiteSeptember 10, 2018
Governance
Equip Super CEO Nicholas Vamvakas expects more mergers
Having pulled off a tie-up with the Rio Tinto Staff Superannuation Fund, Equip Super boss Nicholas Vamvakas is confident of more mergers.
Sally RoseJune 19, 2017
Investment Strategy
Equip in merger talks with Rio Tinto Staff Super
Equip Super has confirmed it is engaged in advanced discussions with the trustee of the Rio Tinto Staff Superannuation Fund for a merger; a quirk of history has helped along the talks.
Dan PurvesJanuary 31, 2017
Governance
The components of a great board
Some of the foremost experts on good board governance met at the Australian Institute of Superannuation Trustees (AIST) offices in Melbourne answered six question aimed at teasing out best practice. Who is responsible for board culture? How do you build it, and fix it if it goes bad? The discussion broadly agreed that the chairman […]
David RowleyDecember 22, 2015
Governance
Industry funds sanguine about one third rule
Chairs of industry funds have reacted with pragmatism to the Government’s move to enforce one third of their boards to be independent and to have an independent chair. Many have already anticipated the change in legislation by hiring their first or second ever independent trustees with the explicit intention of filling skills on their board. […]
David RowleyJune 29, 2015
Retirement
Equip new liability management role part of innovative strategy
Equip’s newly created liability management role is part of a wider strategy, set by chair Andrew Fairley and implemented by chief executive Danielle Press, for the fund to meet its fiduciary duty by innovating. The role is the second new position within the superannuation industry to be created by the fund over the past […]
Dan PurvesMay 11, 2015