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Up to 24 CPD   Classroom  In-house  Virtual Classroom
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The next Advanced TDC course will take place in the second half of 2021, and the schedule will be made available early in the year.
Expressions of interest are welcome – please contact the Professional Development team directly at training@aist.asn.au

Advanced Trustee Director Course

AIST’s Advanced Trustee Director Course is designed for experienced trustee directors and is a step up from the Trustee Director Course Build Your Expertise. This contemporary course will further enhance your effectiveness in the boardroom.

Purchase individual modules or enrol for the whole course and receive 10% off.

Sharpen your
decision-making skills

Improve your ability to
lead board discussions

Provide strategic
direction & governance.

The structure of the course has been informed by discussions with APRA regarding trustee director skills and the rapidly evolving business environment for funds.

The Advanced Trustee Director Course has a focus on developing the competencies of the board as a collegiate body which robustly debates issues before taking decisions in the best interest of members.


Who should register?

The course is designed for trustee directors with three or more years of trustee board experience and fund senior executives who seek deeper superannuation-specific board skills, knowledge and experience.  It will benefit those who are taking up or aspiring to chair positions or roles within the board and board committees and those who want to continue to improve their skills and knowledge base.

 

Accreditation

Participants can undertake individual modules in investment, risk, strategy and/or board culture and governance or complete all five modules and earn the post-nominal of GAIST (Adv.)  - Graduate of Australian Institute of Superannuation Trustees Advanced Trustee Director’s Course.

To obtain the full 24 CPD hours assessments must be completed for each module and for the course overall. The assessment requirements will be outlined on the first day of the course.

 

Learning outcomes

  • Explore in depth investment governance frameworks and how to ensure you focus on what’s important
  • Examine how to improve the measurement of environment, social and governance and climate related risks
  • Explain how to take your risk culture to the next level
  • Analyse the governance of technology and outsourcing risks
  • Enhance your ability to guide the strategic direction of the fund and improve member outcomes
  • Increase your understanding of key sectoral factors and trends to enable effective oversight of product and service offerings
  • Build your capacity to contribute to good decision making in potential fund mergers
  • Enable you to influence board culture and governance 

 

Topics will include

Topics include:

Day 1 deep dive: Investment governance frameworks and how to ensure you focus on what’s important in turbulent times

  • Investment governance arrangements:  effective decision making and efficient delegation
  • Emerging trends in portfolio implementation and monitoring: stress testing/scenario analysis, liquidity management and valuations
  • Investment governance in a crisis: the COVID-19 experience

Day 2 deep dive: lifting the bar on environmental, social and governance (ESG) and climate change related (CCR) risks

  • The regulator’s view on ESG/CCR risk: current and future guidance
  • Member and stakeholder expectations
  • Establishing investment beliefs that specifically relate to ESG and/or CCR risks
  • Developing an ESG/Responsible Investment (RI) roadmap

By the end of this module participants will be able to:

  • Analyse the key components of an investment governance framework including fund investment philosophy and beliefs
  • Assess the appropriateness of the investment governance arrangements
  • Enhance portfolio implementation and monitoring, especially in key areas of stress testing and liquidity management
  • Apply ESG and climate change policy design considerations and trade-offs
  • Develop a fit-for-purpose ESG/RI roadmap
  • Consider trade-offs for investment manager remuneration structures
  • Oversee the selection and assessment of investment managers including when to terminate an underperforming manager
  • Implement effective investment committee operation, including how to manage investment committee agendas, meetings and papers

Topics include:

  • What does risk governance, including reporting, look like when it is working well?
  • Case studies on a modified risk report and the connection of risk and member outcomes
  • Emerging risk issues
  • Reflections on risk governance approaches with a CRO or a chair of a fund risk committee
  • Technology risk deep dive and case study
  • Vendor risk management deep dive and case study

By the end of this module participants will be able to:

  • Analyse the maturity of your three lines of defense
  • Elevate your risk culture to the next level
  • Ensure that risk management is appropriately embedded into decision making
  • Encourage excellence in board risk reporting and ensure risk committee meetings are effective
  • Oversee technology risks – what board members need to be on top of
  • Anticipate and oversee the range of current and emerging vendor risks​

Topics include:

  • Enhance the board’s contribution to strategy and planning
  • When and how to consider an M&A
  • How to foster strategic conversations
  • The changing superannuation landscape and implications for strategy (including demographic change and implications from policy changes)
  • Inputs and processes for effective strategic decision-making regarding products and services
  • Strategy implementation, measurement, and monitoring

By the end of this module participants will be able to:

  • Ensure role clarity between board and management in strategy formulation, implementation, and monitoring
  • Leverage the range of strategy tools to effectively assess competition, market dynamics & the business environment
  • Oversee an effective merger process​

This module is currently being developed and will be available in 2021

Topics include:

  • Leading practice board processes including board assessment, performance evaluation and committee design
  • Culture including board-CEO/management relations and intra-board dynamics
  • Decision-making frameworks
  • APRA governance, culture and accountability reviews

By the end of this module participants will be able to:

  • Bring up-to-date knowledge on board culture and governance to the board table
  • Apply leading practice board processes which are fit for purpose
  • Apply decision-making frameworks to enhance board effectiveness and member outcomes
  • Contribute to a positive and engaged board culture
  • Manage difficult relationships

This module is currently being developed and will be available in 2021

This module will:

  • Put into practice what you have learned
  • Consist of a mock board meeting which will include decision-making about a set of complex issues and a reflection

By the end of this module participants will be able to:

  • Consolidate the lessons from the course into practical decision-making
  • Improve your capacity to understand and shape board outcomes
  • Practice techniques to manage difficult conversations​

This module is currently being developed and will be available in 2021

Important notes

This course is also available to in-house groups. If you wish to conduct an in-house virtual session please contact AIST Education to arrange a suitable time on (03) 8677 3800 or training@aist.asn.au

 

Full course
Full course (incl. 10% discount)
$4800.00
Select modules
Module 1
$1335.00
Module 2
$1335.00
Module 3
$1335.00
Module 4
$665.00
Module 5
$665.00