Super fund governance

Articles relating to the governance of superannuation funds. The Government has proposed that public offer super funds should have at least one-third independent directors/trustees. The Financial System Inquiry had recommended a majority of independent directors/trustees for super fund boards and an independent chair.

Frydenberg defends super fund governance changes

Assistant Treasurer Josh Frydenberg has defended the Government’s superannuation fund governance reforms and said the Government is considering an ‘alternative’ to the Fair Work Commission process for selecting default super funds. Mr Frydenberg, speaking at the Financial Services Council Annual Conference, said “the Government is committed to ensuring that the… Read More »Frydenberg defends super fund governance changes