board independence

Policy and Regulation

Engage with regulator says APRA’s Jones

Trustees should be spearheading changes to the superannuation industry’s standards, according to Ross Jones, deputy chairman of the Australian Prudential Regulation Authority (APRA), who advises trustees to engage and consult with the regulator. “My recommendation is that trustees keep actively involved in this, that trustees don’t just outsource a lot of the decision-making processes,” he […]
Industry View

Independence: how much
do we need?

Regular readers of this column would be well aware of the ongoing debate about the governance of superannuation. However, amid all the claims and counter claims about the merits of the various governance models that exist in our industry and the hysteria about unions “controlling” superannuation, some of the really important issues around board independence […]