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Showing 701 - 710 of 1054 results for "Boards"

Super governance changes questioned

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
The federal government's focus on accountability around conflicting interests in superannuation boards has been described as "curious" by lawyers reviewing proposed super governance legislation. A paper prepared by Hall and Wilcox Lawyers for the Australian ...

New draft super governance standards released

MARK SMITH  |  WEDNESDAY, 19 AUG 2015
... include more detail on the definition of 'independent' to provide greater certainty around the legal obligations of trustee boards. The government also confirmed that the new requirements and transition period will both commence from the date of Royal ...

VFMC appoints former AustralianSuper chair

DARREN SNYDER  |  FRIDAY, 14 AUG 2015
... infrastructure. Rubin is currently a director of Mirvac, NAB Wealth life insurance, administration and investment subsidiary boards, Touchcorp and Transurban Queensland. Chairman of VFMC, James MacKenzie, recently announced the board appointment. VFMC ...

Regulation is not the only answer: Herbert Smith Freehills

LAURA MILLAN  |  WEDNESDAY, 12 AUG 2015
... changes to superannuation fund governance, he listed a number of advantages and reasons for having independent directors on boards. "They will be free to make decisions with the best interest of members at heart, they will be offering a different skillset ...

Super board changes ignore past lessons: Bowen

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
Federal Shadow Treasurer Chris Bowen believes proposed governance changes to superannuation fund boards ignore the lessons learnt from the HIH disaster. Speaking at the Financial Services Council annual conference, Bowen quoted Justice Neville Owen ...

ASFA concerned about board governance timeline

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
... concerned about the timeframe for approving transition plans to have at least one-third independent directors on super fund boards. In a letter to the Australian Prudential Regulation Authority (APRA), the association has asked that all RSE licensees ...

Equip appoints digital specialist to board

MARK SMITH  |  FRIDAY, 31 JUL 2015
... to remain relevant and accessible to our members." Fairley said that the Federal Government's aspiration for super fund boards to have a mandated proportion of independent directors was recognition of the need to secure the appropriate mix of skills ...

APRA workload for boards does not rate

DARREN SNYDER  |  FRIDAY, 31 JUL 2015
Meetings between the Australian Prudential Regulation Authority (APRA) and company boards are considered good value yet the workload placed on boards by the regulator does not rate highly. This is the view of more than 450 directors from deposit-taking ...

Tasplan and RBF to merge

DARREN SNYDER  |  THURSDAY, 30 JUL 2015
... Tasmania's public sector employees and support the growth of the financial services industry in Tasmania. The letter said the boards of Tasplan and RBF have completed a business case that concludes "the consolidation of the superannuation funds is in ...

ISA voices strong opposition to "radical" super reform

LAURA MILLAN  |  MONDAY, 27 JUL 2015
... Industry Super Australia (ISA) has warned that the government's proposal to remove equal representation in super fund boards "is radical" and constitutes the most significant change to the system since its inception. "There is a real risk that importing ...