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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Super fund directors chastised on conflicts

Posted on 15 November 2013

Superannuation fund directors must be more diligent in disclosing their potential or actual conflicts of interest, the prudential regulator has warned. Speaking at the Association of Superannuation Funds of Australia (ASFA) conference in Perth yesterday, APRA member Helen Rowell highlighted the interrelationships between board members and external service providers.
“Increasingly, there are linkages between trustee directors and funds and the providers of services such as administration, advice and investments,” she said………………………………………..Full Article: Source


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