Who is the Scheme's Trustee
The Trustee, ANZ Staff Superannuation (Australia) Pty Limited, is responsible for managing the Scheme in the interest of members and their dependants.
The Trustee's responsibilities are carried out by a Board of Directors.
ANZ appoints four of the Directors and members of the Scheme elect the other four.
The Trustee is required to operate and manage the Scheme within the provisions of the Scheme's Trust Deed and Rules. The Trust Deed and Rules is a legal document that sets out the rights and obligations of members, ANZ and the Trustee. A copy of this document is available from ANZ Staff Super.
The operation of the Scheme is always subject to applicable legislation. The main piece of legislation that the Trustee is required to comply with is the Superannuation Industry (Supervision) Act 1993 and its Regulations (known as SIS).
All these measures ensure that the Scheme operates in an efficient and business-like manner.
Your current Trustee directors are:
(Chair) Non-Executive Director
Chief Risk Officer, Global Wealth
Global Head of Research & Analysis, Financial Institutions Group – Institutional
Head of Business Solutions, ANZ Banking Group Ltd
Former Senior Superannuation Relationship Manager
Customer Advocate, Australia Division
Former Head of Equity, Capital Markets
The Insurance in Superannuation Voluntary Code of Practice (the “Code”) commences on 1 July 2018. ANZ Staff Super intends to adopt the Code where the Trustee of ANZ Staff Super determines that it’s in the best interests of our members to do so.
The Code allows for a transition period from 1 July 2018 to 30 June 2021. By 31 December 2018, we will publish our transition plan for implementing the Code no later than 30 June 2021.