The boards nailing their governance objectives during the pandemic are the ones that have a dynamic, open relationship with their C-suite according to Vanessa Pigrum, head of The Cranlana Centre for Ethical Leadership.
Tom Garcia, chief executive of AIST talked to David Rowley, editor of Investment Magazine about tax, policy, education, campaigning and events. How is tax reform going to impact super? We are going to use the government’s tax white paper to think deeply about what ideas and solutions we can put forward, that delivers greater fairness, adequacy and sustainability. That means we are going to have […]
AustralianSuper has ramped up the day-to-day responsibilities of its asset class heads and investment committee, as its board switches its focus to strategy decisions. Chief investment officer Mark Delaney said it’s a move that is already paying off after he collected AustalianSuper’s award for Best Fund, Investments at the Chant West and Conexus Financial Super […]
The only certainty in the discussion on superannuation board standards is that all sides agree there are some poor performing trustee directors out there. If the Coalition can deal with this in a way that does not cause excessive cost or disruption it will look very smart, but it won’t be easy. As conservatives the […]
Individual trustees have been instructed to improve their skills and to keep on improving them in a strident speech given by Helen Rowell of the Australian Prudential Regulatory Authority in Melbourne. Such was the depth of requirements made that delegates at the Australian Institute of Superannuation Trustees’ governance symposium openly questioned whether trustees would have […]
There is no empirical evidence that forcing independents on to boards of directors will improve the level of decision-making, a leading academic has told the superannuation industry. The point was made by Sally Wheeler, a professor of law at Queen’s University in Belfast, at briefings held by the Australian Super Funds Association (ASFA) in Sydney […]