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The failure of the Federal government’s Superannuation Legislation Amendment (Trustee Governance) Bill 2015 to pass through the Senate in November 2015 means that the political spotlight has for the time being shifted away from the issue of independence on superannuation fund boards. This creates a...
For many years independence has been the catch-cry of policy-makers, regulators and legislators concerned with the corporate governance of listed companies. In Australia, drawing on this model, there has been an increased focus on independence in the context of superannuation fund governance arrangements. As the...