Our Board Committees
Learn about the different committees that assist our Board
Audit and Finance Committee
The Audit and Finance Committee assists the Board to meet its corporate governance and oversight responsibilities in relation to:
- Financial and capital management
- External audit
- Financial reporting
- Investment operations
- Taxation matters
- Oversight of ART’s investment in ART Life Limited
- Oversight of actuarial matters for defined benefit plans
- Matters associated with potential SFTs
- Matters related to brand/sponsorship activities.
Members
Elizabeth Hallett (Chair)
Andrew Fraser
Bruce Cowley
Helen Rowell
Kate Ruttiman
Shayne Maxwell
Committee Advisors
Hoa Bui
More information
Australian Retirement Trust has several Board Committees that assist the Board in the discharge of its responsibilities. All are governed by their own charter as approved by the Board and their membership is approved by the Board. These committees review matters for consideration by the Board or make decision as a delegate of the Board.
Some Committees are supported by specialist Committee Advisors who provide additional expert skills, knowledge and experience.
Investment Committee
The Investment Committee is responsible for assisting the Board with oversight of the investment of Fund assets. The committee’s principal duties and responsibilities include:
- Recommending to the Board the investment objectives for the Fund and its various investment options
- Recommending to the Board the investment policy for the Fund
- Reviewing the adequacy of the Fund’s investment options and their ability to meet members’ retirement needs
- Monitoring investment performance, including the performance of external investment managers.
Members
Mark Burgess (Chair)
Andrew Fraser
Beth Mohle
Linda Apelt
Martin Parkinson
Committee Advisors
Dr Guy Debelle
Fiona Trafford-Walker
Legal and Governance Committee
The Legal and Governance Committee is responsible for assisting the Board to discharge its corporate governance and oversight responsibilities in relation to the Fund's corporate structure including in relation to such matters as material litigation, ART subsidiaries, and ART's Product Disclosure Statements.
Members
Bruce Cowley (Chair)
Aaron Santelises
Andrew Fraser
Elizabeth Hallett
Member Outcomes Committee
The Member Outcomes Committee is responsible for assisting the Board discharge its corporate governance and oversight responsibilities in relation to:
- Ensuring that the Fund strives to achieve the best outcomes for members holistically and that all decision making is fair and reasonable and considers all cohorts of members including vulnerable consumers with a view to ensuring that the best interests of members remain at the centre of the Fund’s decision making
- Aiming for world class outcomes for members including review of Australian and international superannuation funds and retirement schemes, with a view to adopting best practice
- Ensuring that the Fund has the right tools (including data analytics), benchmarks and key performance indicators to assess whether it is meeting (and ideally exceeding) member expectations
- Reviewing the member outcomes assessment, the dispute resolution system and target market determinations, including areas that drive member outcomes.
Members
Lind Apelt (Chair)
Aaron Santelises
Andrew Fraser
Helen Rowell
Michael Clifford
Mark Burgess
People and Nominations Committee
The People and Nominations Committee is responsible for assisting the Board in fulfilling its regulatory oversight, by ensuring that the Australian Retirement Trust Group has a clearly articulated and appropriate remuneration framework that fairly and responsibly rewards individuals (directors and staff), having regard to performance, risk management, legislative requirements and the highest standards of governance. The committee also considers the appointment and performance of the CEO, as well as Board appointments including nominees’ Fit & Proper requirements.
Members
Beth Mohle (Chair)
Andrew Fraser
Elizabeth Hallett
Helen Rowell
Martin Parkinson
Michael Clifford
Risk Committee
The Risk Committee assists the Board to meet its corporate governance and oversight responsibilities in relation to:
- Internal audit
- Information security risk
- Risk Management
- Compliance
- Business continuity
- Corporate insurance.
Members
Helen Rowell (Chair)
Andrew Fraser
Elizabeth Hallett
Linda Apelt
Mark Burgess
Committee Advisors
Georgina Crundell
Technology & Transformation Committee
The Technology & Transformation Committee assists the Board in fulfilling its oversight responsibilities with respect to the overall role of techenology in executing ART’s Strategy including, but not limited to:
- Major technology investment
- Technology strategy
- Operational performance
- Information security issues.
Members
Bruce Cowley (Chair)
Andrew Fraser
Linda Apelt
Mark Burgess
Committee Advisors
Richard Kimber
Valuations Oversight Committee
The Valuations Oversight Committee is responsible for the oversight of matters associated with investment valuations and policies, especially in relation to the valuation of unlisted assets.
Members
Mark Burgess (Chair)
Andrew Fraser
Elizabeth Hallett