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
Andrew Fairley
Investment Strategy
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
Roundtables
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
Investment Strategy
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
Post-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
Heart of an innovator
Equip is one of the first to bring a post-retirement product, MyPension, to the market, to appoint a women, Danielle Press, from outside the “traditional industry” as CEO, and it has innovated by setting up a unique partnership with AustralianSuper taking on their $700 million defined benefit business. At the centre of this drive is […]
Dan PurvesApril 7, 2015
Investment Strategy
Equip rectifies shortfall of board’s skills
A skills matrix assessment of Equip’s board has identified shortfalls amongst the directors, prompting them to make two new appointees. In the past six months Equip used the global retained executive search firm Heidrick and Struggles to ascertain the scope of skills, whether hard skills, soft skills, generic skills or specific skills, that the board […]
Dan PurvesApril 1, 2015