Financial Standard Comments - Trustee reforms risk being neutered Speculation is growing that superannuation minister Bill Shorten will announce reforms to the operation of trustee boards, but if they don't take account of trustee companies the reforms will be toothless. https://www.financialstandard.com.au/feed/latest?story=12849937 Thu, 26 Apr 2012 20:32:39 +1000 Thu, 26 Apr 2012 20:32:39 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by FIONA REYNOLDS () Good article - the FSC has said they will have a third independent directors - leaving 2/3 conflicted. All not for profit directors are non executive directors - independent of management. The big issue is that service providers to funds should not sit on the funds board in any sector and it must be addressed if we are serious about governance.

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]]> FIONA REYNOLDS () Thu, 26 Apr 2012 20:32:39 +1000