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Superannuation

MTAA hails 'a third, a third, a third' board structure a success

BY JAMES FERNYHOUGH | FRIDAY, 5 DEC 2014 12:45PM

The Financial System Inquiry report will be released this Sunday, and it is widely expected to have something to say about superannuation fund governance - namely, that the boards of super funds should have a quota of independent trustees. While many equal representation industry funds are up in arms about this, one industry fund - MTAA Super - has already gone down the road of appointing one third independents to its board. James Fernyhough caught up with the fund's chief executive Leeanne Turner and chair John Brumby to see how it has gone.

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