Business Services Industry

Darwinism for trustees.

Australasian Business Intelligence, October, 2005

Byline: Susan Ryan

Oct 11, 2005 (Investor Weekly - ABIX via COMTEX) -- Training is central to the operations of the Australian Institute of Superannuation

Trustees. Despite the Institute's efforts, some trustees appear unprepared for the Australian Prudential Regulation Authority's

(APRA) licensing requirements. Trustees that cannot demonstrate their suitability for the role will be denied a licence. Trustees must provide APRA with proof that they have no record of bankruptcy, financial misconduct or criminal convictions. The regulator's formal licence requirements will strengthen demand for reputable training such as that provided

by the...

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