1. Board committees

Our Board Committees

The Trustee Board has established Committees for certain functions.

The Committees are made up of members of the Board and regularly report to the Board.

Investment Committee

Responsible for the Trustee’s investment-related functions, it:

  • reviews and sets the Fund’s investment objectives and strategies
  • determines the ongoing strategic and tactical asset allocations of the Fund’s investment options
  • approves the acquisition and sale of Fund assets (other than assets under external management), and
  • approves the valuations of Fund assets.

Committee members: All Board members are members of this committee.

The Finance, Audit and Compliance Committee
Assists the Trustee to fulfill its responsibilities in relation to:

  • the monitoring and assessment of the financial management of the Trustee and the Fund
  • the compliance of the Trustee in managing the Fund, and
  • oversight of the Fund’s auditors. 

Committee members: Don Rowland (Chair), Susanne Dahn, Bruce Hatcher, Rhonda O’Donnell and David Smith.

The Risk Committee
Assists the Trustee to fulfil its responsibilities in relation to:

  • monitoring, reviewing and assessing the management of risk in relation to the Trustee and the Fund, and
  • providing oversight of the implementation and operation of the Trustee’s Risk Management framework and in forming an overall view of the strength of the Trustee’s risk position relative to its risk appetite. 

Committee members: Susanne Dahn (Chair), Anne O’Donnell, Philip Perdikaris, David Smith and Susan Walpole.

Operations and Insurance Committee
Assists the Trustee in its oversight of:

  • the Fund’s administration and member services, including insurance 
  • the application of the insurance management framework and
  • the Management Claims Panel.

Committee members: Susan Walpole (Chair), Anne O’Donnell, Rhonda O’Donnell and Philip Perdikaris.  

The Remuneration Committee

Assists the Trustee to:

  • review and make recommendations for the remuneration of Relevant Officers including Directors and the CEO (noting the requirement of the Committee to give consideration to an independent report when making recommendations for Director remuneration), and
  • set the parameters for the review of remuneration for all other Trustee Office staff. 

Committee members: Bruce Hatcher (Chair), John Brumby and Rhonda O’Donnell.