Delegate Registration & Coffee

STEPHEN HUPPERT
Independent Consultant & Advisor

• The impact of regulatory changes
• Increasing consumer awareness
• Lessons from recent events
• Survival risk
• ESG risk

JAMES OLIVER
Partner at Deloitte Consulting

• Ensuring that an APRA-regulated entity is resilient to operational risks and disruptions
• Identify, assess and manage its operational risks, with effective internal controls, monitoring and remediation;
• Be able to continue to deliver its critical operations within tolerance levels through severe disruptions, with a credible
business continuity plan (BCP); and
• Effectively manage the risks associated with service providers, with a comprehensive service provider management policy,
formal agreements and robust monitoring.

PANEL MEMBER:

MAREE PALLISCO
Partner – National Superannuation
Leader, Financial Services, Ernst & Young

JAMES BAILEY
Director, DSAi

JOE MCDAVITT
Director, Operational Risk – Battleground

MODERATOR:

JAMES TURNER
Director, Minter Ellison

• What does legislation and recent regulator decisions imply?
• Is it appropriate that members should be responsible for paying for any fines on the Board?
• What other sources of funding are available for profit for members funds?
• The extent of Trustee individual liability
• Comparisons between profit for members and retail funds

JONATHAN STEFFANONI
Managing Partner at QMV Legal

10:50 MORNING COFFEE & NETWORKING

Geoff will draw on a ‘Primer on Retirement Income Strategies
Design and Evaluation’ written in conjunction with his
colleagues at ANU in discussing how risk differs in retirement
and how it might be measured.
• How super funds portray
investment risk
• Nature of income risk
• Trade-offs during retirement
• Role of investment, sequencing longevity and inflation risk
• Risk metrics for retirement strategies

ASSOCIATE PROFESSOR GEOFF WARREN
Fund Convenor, ANU Student Managed Fund
The Australian National University

PANEL MEMBER:

JOCELYN FURLAN
Principal, Furlan Consulting &
Non-Executive Director, Aware Super

CHRISTINA LANGBY
Chair of Mine Super

MODERATOR:

RUSSELL MASON
Lead Superannuation Adviser, Deloitte Consulting

12:30 Lunch Break

• Factors to consider before the merger takes place
• Key risks to be documented
• Examples of risks managed during previous mergers
• The risk of “equivalency” failing to meet the regulator’s expectations
• The risks of failing to meet financial targets

GABRIELA PIRANA
Insurance Manager, HESTA

JAMES TURNER
Director, Minter Ellison

REIN VAN ROOYEN
Senior Director, Cutter Associates

PANEL CHAIR:

STEPHEN HUPPERT
Independent Consultant & Advisor

• Why APRA has directed some funds to seek mergers
• The impact on members
• The impact on investment strategies
• The pressures on fees
• Potential conflicts of interest for Trustees

STEPHEN FREEBORN
Partner at Deloitte Consulting

14:30 AFTERNOON TEA & NETWORKING

1. The purpose of this presentation is to discuss what I think is a blind spot in many trustee’s conflicts management frameworks – the process of identifying and determining what interests and duties that a responsible person are relevant.
2. The blind spot arises from our various reviews of trustee conflicts frameworks, over the past decade, since APRA Prudential Standard SPS 521 Conflicts of Interest came into effect.
3. The presentation will look at:
A) The relationship of conflicts to the various requirements under SIS;
B) The stickiness of conflicts breaches to the reverse burden of proof under SIS, section 220A
C) The process of onboarding new responsible persons and the ultimate decision made as to the disclosure of interests and duties and relevant interests and duties, and the confusion that the APRA Standard creates in this process; and
D) The risks of objective versus subjective assessments by trustees and responsible persons.

LUKE HOOPER
Partner (Superannuation) at Holding Redlich

• The extent to which YFYS impacts on risk for the Trustees
• Actions required to mitigate the risks
• Unintended consequences of increasing superannuation fund risks
• The other side of the coin – why increasing risks may ultimately benefit members

DAVID BELL
Executive Director, The Conexus Institute

• Fraud/money laundering risks and what Trustees should be doing to mitigate those.
• The current state of fraud within the industry Cyber Risks

MICHELLE BOWER
Chief Executive Officer at Gateway Network
Governance Body Ltd

• The rise of Unit Pricing error
• The risks of active equity management
• Infrastructure investing- Risks and Benefits
• Liquidity and concentration risks

MODERATOR:

STEPHEN HUPPERT
Independent Consultant & Advisor

PANEL MEMBER:

DAVID BELL
Executive Director, The Conexus Institute

CRAIG ROODT
Director – Investment & Wealth Advisory Deloitte Touche Tohmatsu

(One Hour) Networking Drinks