Andrew Fairley

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
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
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