Original article by Sally Rose
The Australian Financial Review – Page: 17 : 1-Dec-15
The Australian Government is right to insist on higher governance standards among superannuation funds. JPMorgan global pensions executive Benjie Fraser says it is vital to ensure that only "fit and proper" persons hold managerial and board positions within a super fund. The Government wants one third of super funds’ boards to be independent directors.
CORPORATES
JP MORGAN AUSTRALIA LIMITED, TELSTRA SUPERANNUATION SCHEME, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION