Gerard Noonan

Leadership

Gerard Noonan: Not ready to sit on the fence

The outgoing Media Super chair, Labor stalwart, staunch industry fund advocate and one-time Australian Financial Review editor says we should put the current pace of industry change into perspective. Despite a raft of ongoing debate, crises and reform, the upheaval needed to get super off the ground was a much bigger struggle.
Unintentional

In praise of trustees

The trustee system means the public does not have to be investment experts. Gerard Noonan believes it is time for politicians and policy makers to accept these merits. I’ve been involved in superannuation since industry funds were established for working people in the 1980s. Over those years, many high-minded national inquiries – from the Cooper […]
Investment Strategy

Emslie becomes AIST president

Angela Emslie, the chair of HESTA, has become the new president of the Australian Institute of Superannuation Trustees (AIST). Emslie has been a director of AIST since 2007, during which time she has represented AIST on the Strong Super Governance Working Group and helped its fund governance and educational guidelines. One of her ambitions in […]
CIO profiles

Cost of Stronger Super leads to Media Super cutting CIO role

The cost of Stronger Super compliance and product development has led Media Super to cut the role of chief investment officer. Jon Glass left the fund on Monday and the responsibility for the $3.8 billion investment portfolio will be assumed by chief executive Graeme Russell, who in his time at First Super also acted as […]
Investment Strategy

Industry funds pre-empt Arthur Sinodinos

Industry funds are taking steps to appoint independent trustees ahead of any government decree forcing them to do so. In contrast to media reports that have depicted industry fund boards as fighting the Treasury proposal to have at least a third of their directors independent of employer or employee organisations, several funds are already changing […]
Custody

The paperless boardroom

The classic board table scene is changing. Where once it featured stacks of board papers, now it’s increasingly common to see a series of iPads instead. It’s a new way of communicating for trustees, as boards transition to universal adoption of mobile devices. It’s easy to assume the move to paperless is entrenched in the […]
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