Trustee Information

We believe in complete transparency at all times.

 

TAL Superannuation Limited (the “Trustee”) is the Trustee of the TAL Superannuation and Insurance Fund (or “Fund”). The Fund provides choices about superannuation and insurance which looks after the financial wellbeing of over 60,000 Australians. 

We are pleased to publish the following information about the Trustee and the Fund.

Important Information

Constituent and Associated Documents

Trustee’s Constitution
The governing document of the Trustee.

Trustee’s Board Charter
Sets out the role, responsibilities, authority and membership of the Trustee’s Board, and the protocols for Board meetings. Section 6 of the Board Charter sets the rules for the appointment, removal and replacement of Directors.   

Trustee’s Financial Statements
A written report of the financial condition of the Trustee, which includes a balance sheet and income statement for the financial year ended on 31st  March.

Fund’s Trust Deed
The set of rules about the management of the Fund, including what the Trustee can and can’t do.

Fund’s Financial Statements
A written report of the financial condition of the Fund for the financial year ended on 30th September.

 

Disclosure Documents

Current Product Disclosure Statements 

Information about your TAL superannuation product, including benefits and risks, costs, and the fees and charges that TAL receives.

Accelerated Protection
TAL Risk-Only Super Plan
TAL Employee Insurance Plan
TAL Staff Superannuation Plan
PrefSure and Partner Insurance


Latest Annual Reports
Information about the management, financial condition and investment performance of the Fund.

ARC Classic Super
ARC Master Trust
Personal Superannuation
Whole of Life  and  Endowment

If you are looking for Disclosure Documents for a classic product that is not listed here, please call us on 1800 155 600, Monday to Friday between 8.30am – 5.30pm (AEST/AEDT). Or email us and we will be happy to send you a copy.

 

Directors and Executive Officers

Peter J. Lewinsky

BEc, MBA, FCA, FAICD, SFFin
Independent Chairperson
Appointed 01/05/14

Peter Lewinsky has conducted an advisory practice over the last 22 years, providing strategic, financial and governance advice to a wide range of public and private companies and government. He is an experienced government, not-for-profit and private sector company director and has chaired a number of Audit Committees. Prior to commencing his practice, Peter, a qualified Chartered Accountant, worked for investment banks and stockbroking firms in Australia and overseas.

Over the last 24 years, Peter has also advised Victorian, South Australian, Tasmanian, ACT and Federal governments, on a range of privatisation, industry re-structuring and industry reform issues. He is currently retained by the Department of Human Services, Primary Industries, Business and Innovation, and Sustainability & Environment in Victoria, for a range of assignments. 

Brett Clark

B.Com, FIA
Group CEO & Managing Director

Brett Clark joined TAL in August 2008 as CEO of TAL Retail Life, responsible for TAL’s life insurance operations for the retail financial advice market. In May 2013, Brett was appointed CEO of TAL Life with responsibility across TAL’s Retail Life, Group Life, investments and financial advice businesses. 

In April 2015, Brett was appointed Group Chief Executive Officer and Managing Director of TAL.

A qualified actuary with previous experience in a range of senior executive roles over many years, Brett has deep industry knowledge across a broad range of functions including strategy, finance, sales, product and marketing, and operations, in both the Australian and international insurance markets. He brings a considered and commercial approach to insurance markets and leadership across TAL, with its evolving and innovative diversified life insurance business. 

Brett is Chairperson of Affinia Financial Advisers, TAL’s financial advice business and Chairperson of Lifebroker, TAL’s digital comparison business. Brett is also a member of the FSC Life Board Committee.

Darren B Wickham 

BEc, MEc, FIAA
Non-Executive Director
Appointed 15/04/13

Responsible for driving TAL’s product and pricing strategy, Darren Wickham is a leader in the superannuation industry with an innovative approach to industry issues and thought leadership. 

Over the past two years, Darren has overseen renegotiation of 75% of TAL's $1.3bn Group Life portfolio. He is actively involved in the Actuaries Institute (2008 Australian Actuary of the Year) and has written a number of papers on superannuation and employee benefits. He also served as a Member of Treasury Stronger Super Governance Working Group in 2011.

Roslyn E. Ramwell 

BBus, CPA, Trustee FASFA, MAICD, AGIA
Independent Director
Appointed 01/10/14

Roslyn Ramwell was the CEO of a large corporate superannuation fund for 12 years prior to joining TAL, and is very experienced in all aspects of superannuation. She is a Life Member of the Association of Superannuation Funds of Australia Limited, having served as a director for 12 years, and chaired the Finance & Risk Committee for six years.

Roslyn has a Graduate Diploma in Applied Corporate Governance and extensive experience in this area. She has experience in both the government and private sectors, having worked for QSuper and the Insurance and Superannuation Commission (now APRA). 

Stephen W. Graham 

BBus, GradDipEmpRel, Dip Law
Executive Officer
Appointed 29/10/07

Stephen Graham is a corporate governance professional who has more than 20 years’ experience in the superannuation and insurance industries. He has wide-ranging expertise in the fields of compliance, risk management and trustee services, and holds degree qualifications in commerce and law.

Stephen joined TAL in 2007 as the Trustee Advocate and heads the Office of the Trustee. In this role, he is responsible for the strategic and governance functions of the Trustee as well as championing the interests of members. This includes advising on and approving death and disability claims. 

Stephen has drawn on his experience and expertise to design, implement and oversee significant fund, product and system amalgamation projects for the Trustee , as well as prepare the Trustee’s response to the MySuper and StrongerSuper reforms. Stephen is an industry thought-leader, contributing to journal articles and presentations, and is a member of industry bodies.

 

Attendance at Trustee Board meetings since 1st April 2008
Information about the remuneration of Directors and Executive Officers

 

Conflict Management Arrangements

As TAL Life and TAL Services are related bodies corporate to the Trustee, the strategic partnership between them generates the following organisational conflicts:

  1. TAL Life is directly paid by members to provide TASL with administration services and insurance policies.

  2. TAL Services is indirectly paid by members to provide secondees, corporate services and facilities to TASL and TAL Life under a facilities agreement. 

These conflicts, and the personal conflicts of the Trustee’s Directors and Executive Officers are documented in its Registers of Relevant Interests and Duties.

The Trustee has implemented a Conflicts Management Policy which requires it to adopt a four-stage approach to effectively manage organisational conflicts:

  1. Identify conflicts relating to its business.

  2. Assess and evaluate those conflicts.

  3. Decide upon and implement an appropriate response to those conflicts which may include controlling, avoiding and/or disclosing the conflict. And,

  4. Report on and monitor conflicts.

The Conflict Management Policy also requires Directors to:

  1. Disclose conflicts to all interested parties

  2. Abstain from participating in making decisions that may be, or be seen to be affected by, the conflict, or

  3. Remove the conflict.

 

How the Fund works

The Trustee, TAL Life Limited ABN 70 050 109 450 (TAL Life) and TAL Services Limited ABN 60 076 105 130 (TAL Services) work in a strategic partnership where:

  • Members’ benefits in the Fund are wholly invested in life insurance policies issued by TAL Life
  •  TAL Life is the Fund’s administrator and provides investment services, and
  • TAL Services provides corporate services and facilities to the Trustee and TAL Life which include seconded employees, floor space and information technology.

As the Fund is wholly invested in insurance policies:

  • The Trustee does not have any proxy voting rights it can exercise on behalf of members, and
  • The Fund provides abridged financial reporting to members.

All benefits payments are made subject to the superannuation law and the Fund's governing rules. Details are documented in the TAL Superannuation Death Benefits brochure.

Back to top