Board policies & disclosures

Our Board has approved the following policies and disclosures to assist in managing our governance responsibilities

  • Governance policy
  • Code of conduct
  • Conflicts of interest
  • Remuneration policy
  • Remuneration disclosures
  • Related party disclosures

Governance policy

AustralianSuper seeks to maintain the highest standards of fund governance and control. Good governance requires strong control mechanisms that encourage good decision making, accurate and timely execution of decisions, clear and effective accountability, regular review and assessment of governance policies and procedures and transparency.

Our Trust Deed outlines the Fund’s governing rules.

Code of conduct

AustralianSuper has developed a code of conduct policy that covers decision making by the Board, compliance with the governing rules and all legal requirements.

It sets out standards of behaviour that are expected from all directors, alternate directors and committee members and employees, including:

  • our responsibility to our members
  • integrity and fair dealing
  • confidentiality and privacy
  • equal opportunity
  • legal compliance

Conflicts of interest management

AustralianSuper’s Conflict Management Policy covers the identification, disclosure, recording and management of conflicts.

Conflicts of interest may arise from other interests held or from duties owed to other entities by the Trustee of AustralianSuper or our Responsible Persons or employees. Conflicts of interest may be actual or potential conflicts.

Responsible Persons include the Trustee Directors, Chief Executive, Chief Investment Officer/ Deputy Chief Executive, Group Executives, Company Secretaries, Head of Risk and AustralianSuper’s external auditor.

Our conflicts management policy sets out how we manage conflicts of interests, so that we can always act in the best interests of our members and beneficiaries.

Read a summary of our Conflicts management policy.

As part of the process, we also maintain a Relevant interests and relevant duties register and a Gifts & Entertainment register.

Remuneration policy and disclosures

As an industry superannuation fund, AustralianSuper is run only to benefit members.

Our remuneration practices reflect our members-first core value and the need to resource the fund to provide quality benefits and services to members.

You can read a summary of our remuneration policy and disclosures in our Annual Report.

Related party disclosures

For our related party disclosures refer to our Financial Statements for the 2014/2015 financial year.

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