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for the industry.

 
Up to 60 CPD   Classroom  In-houseVirtual

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Please note that the Starter Subscription, Professional Subscription and Individual Member discounts are not applicable for this course.

Trustee Director Course

Build your expertise, the foundation level of AIST’s Trustee Director Course provides directors and fund executives in superannuation with a comprehensive overview and understanding of the trustee director role.

Purchase individual modules or enrol for the whole course and receive 10% off.

Who should register?

The Trustee Director Course (TDC1) builds a comprehensive grounding in trustee director duties and obligations, fund operations, risk frameworks, financial statements, investment principles and the workings of the board. It lays the groundwork to ensure that you have the requisite knowledge to undertake a new director role in the superannuation sector. TDC1 will also be of value if you are an executive or a manager needing to understand governance issues in depth.

 

Accreditation

To obtain the full 60 CPD hours assessments must be completed for each module and for the course overall. The assessment requirements will be outlined on the first day of the course.

Additional information on CPD is available here.

This course is also available to in-house groups. Please contact AIST Education to arrange a suitable time on (03) 8677 3800 or [email protected] 

 

Learning outcomes

  • Understand the duties and obligations of Australian trustee directors
  • Confidently represent member's best interest
  • Understand governance and ethical expectations and considerations
  • Understand how super fund boards work and how to improve board effectiveness
  • Financial literacy
  • Capacity to analyse investment strategies
  • Put course content into practice in a capstone ‘mock’ board meeting

 

Trustee Director Dinner

After meeting and working with your TDC peers virtually, this networking dinner is an opportunity to catch up with peers and build relationships in an informal setting. Attendees will have the chance to talk with trustee director course participants as well as TDC alumni and senior AIST staff representatives. It will be a great opportunity to talk about what is happening in the industry, share experience and knowledge. Don’t miss out on this special opportunity.

Please note: Registration for the Trustee Director Dinner is open to participants of the corresponding Trustee Director course only. Full course participants are automatically registered as part of their enrolment.

Topics will include

  • Understand the history of super
  • Describe key elements of superannuation policy, tax and trust structure
  • Know the different types of funds and benefits
  • Build awareness of short and long term industry challenges
  • Outline trustee obligations under the prudential supervision model
  • Understand scope and elements of legal obligations of trustee directors
  • Build awareness of requirements to uphold reputation of the fund
  • Awareness of member communication and disclosure protocols
  • Familiarisation with the complaint handling process
  • Understand how to take actions that are aligned with member interests
  • Identify the different elements of superannuation fund operations
  • Outline key parameters within which superannuation funds operate
  • Explain key elements of the framework for how operational risks are managed
  • Understand key issues relating to the provision of financial advice and insurance
  • Describe the roles of trustee directors in risk management
  • Outline the steps involved in the risk management process
  • Understand the risk management framework and its key components
  • Understand the role of risk culture
  • Be familiar with a set of emerging industry risks
  • Be able to explain the key concepts in financial accounting
  • Be able to analyse the fund’s financial statements
  • Understand the financial framework for the operation of a fund
  • Know what is required for trustee sign off on the annual financial statements
  • Describe the characteristics of common asset classes used by superannuation funds
  • Demonstrate a working knowledge of investment principles
  • Understand portfolio implementation, monitoring and stress testing
  • Build understanding of emerging topics in investment governance
  • Demonstrate knowledge of board structures and procedures, governing documentation
  • Understand effective ways of contributing to board meetings
  • Demonstrate a sound understanding of conflicts in relation to the trustee director role
  • Understand trustee director liabilities
  • (Trustee director networking dinner on the evening of Module 7)
  • Applying knowledge of the governance framework taught in the course
  • Understanding of a set of real-life challenges/decisions facing trustee directors
  • Practice problem solving in a ‘mock board’ meeting
  • Gaining new insights from fellow trustee directors

Dates

Virtual Classroom & Melbourne
23 February 2022 - 24 March 2022
9:00 am - 12:00 pm AEDT
Register here

View the course schedule here.
5 - 28 October 2022
9:00 am - 12:00 pm AEDT
Register here

View the course schedule here.
Trustee Dinner - Melbourne
23 March 2022
6:30 pm - 10:30 pm AEDT
Register here

Please note registration for the Trustee Director Dinner is open to participants of the corresponding Trustee Director course only. Full course participants are automatically registered.
27 October 2022
6:30 pm - 10:30 pm AEDT
Register here

Please note registration for the Trustee Director Dinner is open to participants of the corresponding Trustee Director course only. Full course participants are automatically registered.
Virtual Classroom & Sydney
8 June 2022 - 7 July 2022
9:00 am - 12:00 pm AEST
Register here

View the course schedule here.
Trustee Dinner - Sydney
6 July 2022
6:30 pm - 10:30 pm AEST
Register here

Please note registration for the Trustee Director Dinner is open to participants of the corresponding Trustee Director course only. Full course participants are automatically registered.

Important notes

This course is also available to in-house groups. Please contact AIST Education to arrange a suitable time on (03) 8677 3800 or [email protected] 

 

Kyle Loades

Chair, Active Super, Director, Great Southern Bank

15 May, 2020

The superannuation sector-specific policy coverage and the investment module were particularly valuable; having industry experts who discuss how things work in practice as well as covering the theory works really well.

Jessica Hall

Tax Manager, Group Tax, AustralianSuper

19 September, 2019

The practical trustee boardroom skills and superannuation knowledge is enriched with the interactive discussions and valuable insights shared by all of the facilitators and participants.

Rob Potter

Trustee Director, Care Super, and National Secretary, ASU

1 May, 2020

The use of technology was excellent, and the breakout room feature worked particularly well; the half-day modular format over 4 weeks allowed me to be available to do my critical work and complete the course.

Full course prices
Full course (incl. 10% discount)
$7750.00
Select module prices
Module 1
$415.00
Module 2
$1240.00
Module 3
$830.00
Module 4
$830.00
Module 5
$1655.00
Module 6
$1655.00
Module 7
$830.00
Module 8
$830.00