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Superannuation fund governance debate to reignite
The current debate over superannuation fund governance will be reignited in Melbourne next week at an event being hosted by the Australian Institute of Superannuation Trustees (AIST).
The event will see a panel of key players discuss the governance issue, including former Cooper Review chairman and Challenger executive Jeremy Cooper, leading barrister Noel Davis, investment consultant Chris Cuffe, Melbourne QC and chair of TWU Super David Galbally, the chair of AGEST Linda Rubinstein, and AIST chief executive Fiona Reynolds.
Cooper's view on the governance issue is expected to be particularly important to the debate in circumstances where he made a personal submission to the Productivity Commission review into default funds under modern awards.
In that submission Cooper said it remained his view "that the super industry would benefit from an increased participation by talented business people not directly connected to super, but with relevant skills".
AIST has been critical of elements of the governance formula developed by the Financial Services Council.
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