Seasons Greetings and welcome to the December 2017 issue of GuerdonNews®
In our final bumper reading issue for 2017, we:
• Examine whether retail superannuation trustee boards are paid more than industry funds pay their trustee boards.
• Explore changes in the Australian Council of Superannuation Investors' newly released voting guidelines.
• Announce the date for the 12th Remuneration and Governance Forum - 7 March in Sydney, and 13 March in Perth. Last year the Forum was booked out.
• Provide an update on proxy adviser regulation following our October Director Briefing with ASIC.
• Disclose the findings of the Senate Economics Legislation Committee on the BEAR legislation prescribing bank executive pay currently before federal parliament.
• Alternately rejoice and despair on the Workplace Gender Equality Agency's latest release of gender equity pay data.
• Consider the draft terms of reference for the banking Royal Commission.
• Reveal an existing code of conduct already in place for proxy advisers.
We look forward to reporting board governance and executive remuneration news to you again in 2018, with our first monthly issue to be delivered on the second Tuesday in February. In the interim we will, as usual, be toiling away the summer for our clients throughout January.
It has been another great year for Guerdon Associates. Thank you to our clients, and their investors, for being open and responsive to reward solutions that focus executives on creating value, and board governance processes to optimise risk and return. From all of us in Guerdon Associates, best wishes for a safe, happy and prosperous New Year.