AIST Governance

Trustee Governance and Professional Standards

AIST is committed to advancing the good governance practices and culture of profit-to-member superannuation funds. As such, AIST has a specialised Trustee Governance and Professional Standards department to develop standards, guidelines and other suitable tools for its members, as well as assisting them with the monitoring, measuring and benchmarking of governance practices in the industry.

AIST provides guidance in the following areas:

  • Board structure, recruitment and succession planning
  • Director competencies and training
  • Disclosing and managing conflicts of interest
  • Board committees
  • Relationships with nominating bodies and service providers
  • Remuneration policy and disclosure
  • Governance charters and codes of conduct
  • Assessment and monitoring of the fitness and propriety standards
  • Disclosure and transparency matters