AIST Guidelines
A Fund Governance Framework for Not-for-Profit Superannuation
Funds
Measured as a proportion of GDP, the assets of Australia's
superannuation industry are now the largest in the world. Along
with almost universal workforce coverage resulting from the
Superannuation Guarantee, superannuation plays a crucial part in
the economic and social life of the nation. Fund trustees occupy an
increasingly important and visible role managing these assets.
AIST and IFF believe representative trustees offer the best
governance model for Australian superannuation funds through their
independence from profit-making financial institutions, their
diversity and investor representation, and a unique culture of
commitment and innovation.
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