Requirements
The directors of VicSuper are bound by the requirements of the company's constitution, VicSuper Fund's trust deed, RSE Licence, Australian Financial Services Licence, the Corporations Act 2001 (Cwlth) and the Superannuation Industry (Supervision) Act 1993 (Cwlth) and any other relevant legislation.
VicSuper has in place a fitness and propriety policy that includes a policy and procedure for dealing with directors' conflicts of interest. All directors have completed a statement of their pecuniary interests.
VicSuper is covered by directors and officers and professional indemnity insurance which, subject to limited exceptions, indemnifies VicSuper Fund, trustee directors and staff against financial loss resulting from claims made against them. As required by law, no director or responsible officer is a disqualified person.