• Our Trustee Board

  • Australian Catholic Superannuation is governed and managed by a trustee company—SCS Super Pty Limited.

    We have a Trustee Board, whose directors have overall responsibility for strategic direction and governance of the Fund in the best interests of members and in accordance with superannuation industry legislation and regulations. In addition, the Board takes into account the interests of other key stakeholders, such as beneficiaries and employers.

    Key documents governing the Board include the:

    • Constitution—Sets out the rules dealing with the operation of the Trustee company, such as the appointment and removal of directors and the conduct of meetings (see download below)
    • Trust Deed—Sets out the rules dealing with the operation of the Fund, such as the structure of the Fund and members’ rights and benefits (see download below).


    There are also a number of other corporate governance policies which support our governance framework.

    Read the profiles below to learn more about our directors who are working for you.

  • Board membership and committees

    • There are an equal number of employee (member-elected) and employer (appointed by the Archbishops of Sydney and Brisbane) representatives which make up the 12 directors on our Trustee Board.

      While the Trustee's Diversity Policy endeavours for at least 40% of Board membership to be male and 40% female, this percentage varies from time to time dependent on the outcome of Trustee elections.

      Our directors also play pivotal roles in various Fund committees which monitor a range of issues relating to the economy, investment markets, insurance arrangements, the Fund and its professional external service providers. Each of the Committees operate under separate charters delegated by the Board, however, the Board has ultimate responsibility.

      • Audit & Risk Management CommitteeOversees the risk management, internal audit, external audit, compliance controls and procedures, and the statutory and other financial reporting requirements of the Fund.
      • Insurance Claims & Complaints Committee—Considers the distribution of death benefit payments; reviews all insurance claims; ensures that members have every opportunity to state their case; ensures that any claim rejected by the insurer has been fully investigated; resolves and approves the distribution of death and insurance payments; and considers and resolves formal complaints made under the Trustee’s Dispute Resolution procedures.
      • Investment CommitteeMakes recommendations to the Board about how to invest the Fund’s assets.
      • Remuneration & Nominations Committee—Advises the Board on the appropriate payment or compensation that directors and staff receive for their services or employment; vets prospective applications for both employer-appointed and member-elected director positions.


      Investment Committee - JoAnna Fisher  

      Committee member since: Apr 2015

      Qualifications:
      • Bachelor of Economics (Accounting)
      • Bachelor of Arts (Asian Studies)
      • Diploma, Australian Institute of Company Directors (GAICD)
       

      Skills and experience:

      JoAnna has a long-standing and international career in the financial sector in investment management, wholesale banking and capital markets.

      She is a former General Manager – Strategy and Marketing for the Commonwealth Bank. She also spent 12 years at Bankers Trust Corporation in the USA, Japan, the UK and Australia, managing funds and developing the institutional funds management businesses.

      Her 20+ years’ experience encompasses business performance improvement, governance, compliance and risk management.

      Key skills which JoAnna brings to her Committee role at the Fund include:

      • A deep understanding of financial markets and expectations of market participants and stakeholders
      • Strong analytical skills and capacity to distil diverse information into key issues and form commercial judgments
      • Critical and independent thinking
      • Leadership and relationship management.


      Fund committee membership:

      • Investment Committee 


      Other current/recent directorships
      :

      • Member of Finance, Audit and Risk Management Committee, Australian Chamber Orchestra
      • Non Executive Director, Quantum Funds Management
       

       

  • Appointment and removal of directors

    • The current term of office for directors is four years. The most recent Trustee member election was held in March–April 2015 and the next election round is scheduled for 2019.

      Employer directors are nominated by the Principal Employers and will cease to hold office if they fail to meet the fit and proper test.

      Member-elected directors will cease to hold office if they:

      • Cease to be a member or a permanent employee
      • Are no longer employed in the electoral division from which they were elected, unless determined otherwise by the Trustee
      • Become ineligible under the law
      • Resign as a member-elected Director
      • Are removed by a notice in writing to the Trustee by the members as per the election rules
      • Cease to be a fit and proper person.


      If there is a vacancy for an employer-appointed director, the Trustee must fill the vacant position within 90 days. If there is a casual vacancy for a member-elected director, the Trustee will appoint an eligible member as per the election rules.

  • Chair profile

    • Board Chair - Richard Haddock AM

      Director since: Jul 2007

      Qualifications:
      • Bachelor of Laws
      • Bachelor of Arts
      • Member, Law Society of NSW
      • Fellow, Australian Institute of Company Directors
      • Fellow, Australian Institute of Management
      • Fellow, Financial Services Institute of Australasia
      • ASFA Trustee Know How Course
      • ASFA Advanced Trustee Know How Course: Modules 1 & 2
       

      Skills and experience:

      Having been educated at Marcellin College Randwick and then graduating in Arts/Law from Sydney University, Richard’s career began in law. However, he soon progressed to domestic and then international roles in the banking sector which encompassed investment banking, treasury, asset management and stock broking activities.

      After leaving banking, Richard took on a number of non-executive directorships in the corporate sphere and also is involved in the not-for-profit sector. For over 20 years he has served the community and numerous Catholic Church welfare organisations through representation on various boards and committees.

      In 2012, Richard was included on the Australia Day Honours List, having been awarded a Member of the Order of Australia for service to: business through executive roles with financial institutions; the law; and the community, particularly as an adviser to the social welfare organisations of the Catholic Church in Australia. His service has also been recognised with the papal honour of Knight of St Gregory.

      After joining the Fund’s Board in July 2007, he was appointed Chairman in July 2010. Richard brings a wealth of commercial experience and understanding of Catholic values to the stewardship of your retirement funds.

      Fund committee membership:

      • Remuneration & Nominations Committee
      • Investment Committee
      • Audit & Risk Management Committee


      Other current/recent directorships
      :

      • Chairman, CFX Co Limited
      • Director, Retirement Villages Group
      • Chairman, Catholic Care
      • Honorary Treasurer, Caritas
      • Director, Catholic Church Insurances Limited
      • Chairman, St Vincent's Curran Foundation
      • Chairman, Sisters of Charity Foundation
      • Member, Finance Committee and Investment Committee, Archdiocese of Sydney
       
  • Employee director profiles

    • Employee Director - Susanne Ainsworth

      Director since: Aug 2011
      Fund member

      Qualifications:
      • Bachelor of Financial Administration
      • CPA 2003
      • ASFA Trustee Know How Course
      • RG146
      • Graduate - AICD
       

      Skills and experience:

      • 13 years experience working in chartered accounting firms
      • 6 years experience working in the not-for-profit education sector
      • Tax and accounting experience in super 
      • Completing a Diploma of Superannuation

       

      Fund committee membership:

      • Audit & Risk Management Committee
       

      Employee Director - Francis Dannaher

      Director since: Jul 2015
      Fund member

      Qualifications:
      • Bachelor of Commerce (Accounting)
      • Retired CPA
      • Associate, Institute of Chartered Secretaries and Administrators (Company Secretary)
      • Associate, Securities Institute of Australia (Share Investment Analyst)
       

      Skills and experience:

      • 20 years Head of Financial Management for the Catholic Education Office Sydney
      • 20 years accounting, investment, and Fund Secretarial roles in State Government and Corporate Superannuation Funds
      • Previously a member of ASFA’s Reporting and Taxation sub-committees


      Fund committee membership:

      • Insurance, Claims & Complaints Committee

      Other current/recent directorships:

      • Member of the following Catholic Education Office Sydney Committees: Finance Committee; Financial Sevices/Human Resources Committee; Financial Services /IT Committee
      • Director, East Sydney High School
      • Alternate Director, NGS Super
       

      Employee Director - Reuben Norris

      Director since: Aug 2011
      Fund member

      Qualifications:
      • Bachelor of Commerce (Accounting, Banking & Finance)
      • Graduate Diploma in Education
      • Master of Business Administration
      • CPA
      • ASFA 146
       

      Skills and experience:

      • 15 years involvement with Catholic education
      • Extensive experience in education and financial administration
      • Fund Trustee Director from 2005 to 2007

       

      Fund committee membership:

      • Insurance, Claims & Complaints Committee
       

      Employee Director - Steven Quirk

      Director since: Jul 2015
      Fund member

      Qualifications:
      • Bachelor of Business (Accounting)
      • Certificate of Professional Year, Institute of Chartered Accountants in Australia
      • Graduate Certificate in Financial Planning
      • Member of the ICAA
      • Honorary Doctorate
       

      Skills and experience:

      • 26 years as Chief Executive Officer of St Agnes’ Parish, Port Macquarie
      • 12 years as Consultant and Business Manager to the Dioceses of Bereina (PNG) and Honiara (Solomon Islands)
      • Consultant to the IT Job Training Centre Ltd in Port Moresby and Kimbe, PNG
      • 30 years experience as manager/owner of investment business and private chartered accountant roles


      Fund committee membership:

      • Insurance, Claims & Complaints Committee

      Other current/recent directorships:

      • Member, Diocese of Bereina Finance Board
      • Executive Officer of a limited company for 15 years
      • Member, Finance Committee, Diocesan Education Board Lismore
       

      Employee Director - Kevin Twomey

      Director since: Jul 2015
      Fund member

      Qualifications:
      • Bachelor of Education
      • Diploma of Teaching
      • Master of Educational Leadership
       

      Skills and experience:

      As Deputy Executive Director of the Archdiocese of Brisbane's Catholic Education Office, Kevin holds responsibility for strategic planning, organisation development and accountability, learning and teaching, leadership development, formation and faith development, communications and marketing. Prior to this appointment, he served 10 years as their Director of Employee Services, using his broad skills and experience across the areas of human resource management, payroll, industrial relations, occupational health and safety, professional standards and student protection.

      Kevin currently chairs the Principals Salary Scale Review on behalf of the Catholic education employers of Queensland.

      Fund committee membership:

      • Remuneration & Nominations Committee

      Other current/recent directorships:

      • Deputy Executive Director, Catholic Education Office, Archdiocese of Brisbane. Also Chair of the Professional Development and Leadership Committee, Chair of the Compliance and Accountability Committee, and Chair of the Education and Mission Strategic Forums
      • Board Member, Queensland College of Teachers (QCT)
      • Chair, Governance Board, Institute of Faith Education
      • Chair, Child Protection Committee, Queensland Catholic Education Commission
      • Past Director, Employee Service Catholic Education Office, Archdiocese of Brisbane
      • Past Member, Corporate Governance and Risk Committee, QCT
      • Past Chair, Internal Review Committee, QCT
       

      Employee Director - William Walker

      Director since: Jul 2015
      Fund member

      Qualifications:
      • Bachelor of Science
      • Diploma of Education (UNE)
      • Diploma of Geoscience
      • Master of Education
      • Diploma of Education (RE) (ACU)
      • Master of Accountancy
      • CPA
       

      Skills and experience:

      William has 37 years' experience in Catholic education, both as a teacher and more recently in senior financial management positions, including director, at the Catholic Education Office Sydney. He has governance experience in the not-for-profit sector through membership of various boards and committees.

      William brings a strong focus on sustainability and quality strategic planning to the Fund. He has been a long-time member of the Fund and is committed to ensuring returns are maximised within acceptable limits of risk for all members.

      Fund committee membership:

      • Audit & Risk Management Committee

      Other current/recent directorships:

      • Chair and Director, Stella Maris Aged Care Facility Ltd
      • Board Member, Catholic Development Fund, Wollongong
      • Director, Mary Aikenhead Education Ltd
      • Board Member, Catholic Development Fund, Sydney
       
  • Employer director profiles

    • Employer Director - Neil Anderton

      Director since: Jul 2004
      Fund member

      Qualifications:

      • Bachelor of Business (Accounting)
      • ASFA 146
      • Fellow, Association of Superannuation Funds of Australia (ASFA)
      • Fellow, CPA
       

      Skills and experience:

      Before retirement, Neil was a member of the Senior Executive of the Catholic Education Office of WA where he served for more than 20 years. 

      His responsibilities during this period included: Executive Manager of the Catholic Schools Superannuation Fund (WA); Chief Finance Officer; and Head of Administration overseeing Finance, Regional Offices, Catholic Library of WA, Information Technology, Research, Planning and Resources for Schools and Schools Payroll Services.

      Fund committee membership:

      • Chair, Insurance Claims & Complaints Committee
       

      Employer Director - Bram Green

      Director since: Feb 2015
      Fund member

      Qualifications:

      • Master of Business Administration
      • Bachelor of Science (Computer Science)
      • Member, Australian Computer Society
       

      Skills and experience:

      Bram is a business professional with more than 25 years' experience in IT strategy and delivery across a broad range of industries. This experience encompasses the banking and finance sectors where his work has focused on superannuation, investment management, life and general insurance areas. Bram’s ability to distil the expanding regulatory requirements applicable to superannuation administration and investment management were critical in the success of these engagements.

      In his current role as Chief Information Officer for Centacare Brisbane and the Archdiocese of Brisbane, Bram is responsible for the alignment of business and IT strategies, delivery of IT services and IT project and program management.

      Bram’s strengths also include: systems implementation (both package and bespoke development); large scale project management, systems integration; risk assessment; business continuity planning; and quality management processes.

      Fund committee membership:  

      • Audit & Risk Management Committee
       

      Employer Director - David Hutton OAM

      Director since: Sep 2013
      Fund member

      Qualifications:

      • Bachelor of Commerce
      • Bachelor of Educational Studies
      • Bachelor of Theology
      • Masters of Educational Administration
      • Fellow, Australian Council for Educational Leaders
      • Fellow, Australian College of Educators
      • Graduate Member, Australian Institute of Company Directors
       

      Skills and experience:

      David has experience as an educator and senior administrator in State, religious institute and diocesan Catholic schools in Queensland and NSW. He has also worked as an Education Officer within the State Department of Education.

      David worked in the areas of religious education and administrative services within the Brisbane Catholic Education Office for 28 years.

      From 1998 to 2013, he was Executive Director of Catholic Education in the Brisbane Archdiocese overseeing 137 schools which were responsible for educating 70,000 students.

      David also has superannuation experience, having been a trustee director of the Queensland Roman Catholic Retirement Plan and a member of its Investment Committee for five years (1991-1995), prior to the Plan’s merger with our Fund in 2002.

      David is a Fellow of both the Australian Council for Educational Leaders and the Australian College of Educators and over the years has held positions on a number of boards and committees. In June 2012, he was awarded the Order of Australia Medal for his services to Education in Queensland.

      He is an active member of the Mt Carmel Parish at Coorparoo.

      Fund committee membership:  

      • Chair, Remuneration & Nominations Committee


      Other current/recent directorships
      :

      • Chair, Mary Aikenhead Education Australia Advisory Council
      • Member, Jesuit Communications Board
       

      Employer Director - David Hartley

      Director: Feb 24 2016

      Qualifications:

      • Graduate – AICD
      • Senior Fellow - Finsia
      • Bachelor of Arts (Actuarial Studies) – Macquarie University
       

      Skills and experience:

      David has more than 30 years successful experience in International and Australian investment markets. For the last decade David was a member of the senior executive team and Chief Investment Officer at Sunsuper, during which time the New York based aiCIO magazine identified him as one of the top 100 most influential CIOs in the world. In addition to establishing and coaching highly skilled teams to deliver consistent investment outcomes, David has presented at numerous investment and superannuation industry events. He brings to the Fund a wealth of experience in investments and the Australian superannuation industry.

      Fund committee membership:

      • Chair, Investment Committee
       

      Employer Director - Margaret Wallace

      Director since: Sep 2011

      Qualifications:

      • Bachelor of Commerce (Accounting, Finance and Systems), UNSW
      • Bachelor of Laws, UNSW
      • Graduate Diploma in Applied Finance and Investment, SIA
      • Senior Fellow, Financial Services Institute of Australasia
      • Graduate Member, Australian Institute of Company Directors
       

      Skills and experience:

      A founding director of the property division of boutique corporate advisors, Grant Samuel Property, Margaret Wallace has extensive experience in the provision of property investment and financial advice including development feasibilities, project debt arrangement, corporate real estate decisions and property market research.

      As the Divisional Director and COO of Grant Samuel Property, Margaret had overall responsibility for implementing the business strategy, monitoring client assignment delivery, budget and financial performance, resourcing and recruitment, compliance and risk. She was the nominated Responsible Manager for the group’s AFS Licenses. She successfully managed the business transition and merger into the Pepper financial services group in 2012.

      Margaret was also a trustee director for the private property development equity funds and syndicates managed by the group. She was responsible for overseeing the fund establishment, due diligence, risk assessment, on-going investor communications and trust administration.

      Prior to Grant Samuel, Margaret worked for a real estate mezzanine debt provider, an international real estate agency and in litigation support and tax accounting with a chartered accounting firm.

      Fund committee membership:

      • Chair, Audit & Risk Management Committee
      • Investment Committee


      Other current/recent directorships:

      • Member, Finance Committee, Diocese of Broken Bay
       
  • Board meeting attendance record

    • The following table shows the number of Trustee Board meetings each of the Fund's current Directors attended over the past seven financial years ending 30 June.

      Director
      (Date appointed)
      2016 2015 2014 2013 2012 2011 2010
      Richard Haddock1
      AM, Chair(Jul 2007)
      7/7 7/7 8/8 10/10 10/10 11/11 10/11
      Susanne Ainsworth
      (Aug 2011)
      7/7 7/7 8/8 10/10 8/9 n/a n/a
      Neil Anderton
      (Jul 2004)
      7/7 6/7 8/8 8/10 10/10 9/11 9/11
      Bernadette Baker2
      (Sep 2007)
      n/a 6/7 7/8 7/10 9/10 10/11 6/11
      Francis Dannaher3
      (July 2015)
      7/7 n/a n/a n/a n/a n/a n/a
      Paul Dolan4
      (Jul 1981)
      n/a 7/7 7/8 8/10 8/10 8/11 10/11
      Bram Green5
      (Feb 2015)
      7/7 3/3 n/a n/a n/a n/a n/a
      David Hartley6  
      (Feb 2016)  
      4/4 n/a n/a n/a n/a n/a n/a
      David Hutton7
      (Sep 2013)
      7/7 4/7 7/8 n/a n/a n/a n/a
      Elizabeth Lewin8
      (Sep 2012)  
      2/2 7/7 8/8 7/8 n/a n/a n/a
      Paul Murray9 
      (Jul 1998)
      n/a 7/7 8/8 9/10 9/10 10/11 10/11
      Reuben Norris10 
      (Aug 2011)
      5/7 6/7 7/8 9/10 8/9 n/a n/a
      Gabrielle Power West11
      (Jul 2002)
      n/a 5/7 7/8 9/10 8/10 9/11 9/11
      Steven Quirk3
      (July 2015)
      7/7 n/a n/a n/a n/a n/a n/a
      Peter Selwood12 
      (Jan 2003)
      n/a 4/4 7/8 9/10 10/10 10/11 9/11
      Kevin Twomey3 
      (July 2015)
      6/7 n/a n/a n/a n/a n/a n/a
      William Walker3 
      (July 2015)
      6/7 n/a n/a n/a n/a n/a n/a
      Margaret Wallace13 
      (Sep 2011)
      7/7 7/7 8/8 9/10 8/8 n/a n/a

      1. Richard Haddock commenced as an observer to the Board in September 2006 and became a full Director in July 2007. He was appointed Board Chair in July 2010.
      2. Bernadette Baker took a year’s leave of absence on a teacher exchange during January-December 2009. She was added as an apology for each Board meeting during this period as APRA approved that no Alternate Director need be appointed. Bernadette was not re-elected for a further term of office and retired from the Board on 30 June 2015.
      3. Frank Dannaher, Steven Quirk, Kevin Twomey and William Walker commenced as Directors in July 2015.
      4. Paul Dolan retired from the Board on 30 June 2015.
      5. Bram Green commenced as a Director in January 2015.
      6. David Hartley commenced as a Director in February 2016.
      7.David Hutton commenced as a Director in September 2013.
      8. Elizabeth Lewin commenced as a Director in September 2012 and retired from the Board on 29 October 2015.
      9. Paul Murray retired from the Board on 30 June 2015.
      10. Reuben Norris was a Director from July 2005 to April 2007 and was then reappointed in August 2011.
      11. Gabrielle Power West retired from the Board on 30 June 2015.
      12. Peter Selwood retired from the Board on 4 December 2014.
      13. Margaret Wallace commenced as a Director in September 2011.

  • Remuneration of directors

    • Our remuneration practices have been designed to reward our people fairly and responsibly.

      The Trustee's Remuneration & Nominations Committee, in consultation with independent external consultants, is responsible for ensuring that:

      • All remuneration is in line with industry standards
      • The Fund continues to attract and retain quality people to most efficiently and expertly run and operate the Fund
      • The Fund’s remuneration is consistent with our core tenet of being a 'profit to members' fund.


      Directors are remunerated for their services, having due regard for their specific responsibilities and the nature and objectives of the Fund. This remuneration represents a fixed fee encompassing all Australian Catholic Superannuation Board related activities, including committee memberships, and is reviewed on an annual basis.

      The following tables show the total remuneration received by directors for the two previous financial years.

      2015/2016

         

      Short-term employee benefits

      Post-employment benefits

      Name

      Paid to

      Cash salary, fees &
      short-term compensated absences 

      Non-monetary benefits 

      Pension &
      super benefits

      Richard Haddock AM (Chair)

      Self

      $48,066

      $4,566

      Susanne Ainsworth

      Self

      $21,3331

      $2,027

      Neil Anderton

      Self

      $21,7061

      $2,062

      Francis Dannaher

      Self

      $21,3331

      -

      $2,027

      Bram Green 

      Self

      $21,3331

      $2,027

      David Hartley2

      Self

      $9,0441

      $859

      David Hutton OAM

      Self

      $21,7061

      $2,062

      Elizabeth Lewin3

      Self

      $7,2351

      $687

      Reuben Norris

      Self

      $21,3331

      $2,027

      Steven Quirk

      Self

      $21,3331

      $2,027

      Kevin Twomey 

      Self

      $21,3331

      $2,027

      William Walker 

      Catholic Diocese of Wollongong/
      Self

      $7,2734 /

      $14,0271

      $1,333

      Margaret Wallace 

      Self

      $27,1731

      $2,581

      JoAnna Fisher5

      Self

      $5,3111

      $505

      2014/2015

         

      Short-term employee benefits

      Post-employment benefits

      Name

      Paid to

      Cash salary, fees &
      short-term compensated absences 

      Non-monetary benefits 

      Pension &
      super benefits

      Richard Haddock AM (Chair)

      Self

      $47,123

      $4,477

      Susanne Ainsworth

      Self

      $20,9131

      $1,987

      Neil Anderton

      Self

      $21,2791

      $2,021

      Bernadette Baker

      St Mary's Cathedral College / Self

      $2,8534 /

      $15,7081

      $344

      $1,492

      Paul Dolan

      Self

      $20,9131

      $1,987

      Bram Green6

      Self

      $7,8461

      $745

      David Hutton

      Self

      $18,3111

      $1,740

      Elizabeth Lewin

      Self

      $21,2791

      $2,021

      Paul Murray

      Self

      $26,6671

      $344

      $2,533

      Reuben Norris

      Self

      $18,3111

      $1,740

      Gabrielle Power West

      Self

      $26,1191

      $2,481

      Peter Selwood7

      Self

      $10,6391

      $1,011

      Margaret Wallace

      Self

      $23,5161

      $2,234

      JoAnna Fisher5

      Self

      $1,3011

      $124

      Steve Christie8

      Self

      $2,6031

      $247

      1.Inclusive of payments for membership of one or more Board sub-committees. May include sub-committee chair payment.
      2.David Hartley joined the Board in February 2016.
      3.Elizabeth Lewin resigned from the Board in October 2015.
      4.Paid to employer. Net of GST.
      5.JoAnna Fisher is an independent member of the Investment Committee, appointed in April 2015..
      6.Bram Green joined the Board in February 2015.
      7.Peter Selwood resigned from the Board in December 2014.
      8.Steve Christie was an independent member of the Investment Committee, appointed in July 2012. Resigned in December 2014..


      Notes:

      • No short-term cash profit sharing and other bonuses were paid. No other short-term employee benefits were paid. No other post-employment benefits were paid.
      • Directors are not entitled to annual leave, long service leave or performance payments.

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