Trustee Director Election: Nominations now closed

A feature of the Westpac New Zealand Staff Superannuation Scheme (Scheme) is your ability as an active member to have a say in how it is managed.

The Scheme is managed by a trustee company (Trustee), in accordance with the Scheme’s Trust Deed. The Trust Deed requires the Trustee to have seven directors (Trustee Directors). Two Trustee Directors are chosen by active members of the Scheme, and the remaining five are appointed by Westpac (including one who is an independent trustee licensed by the Financial Markets Authority).

The Scheme is currently looking for nominations for two member-elected Trustee Directors to join the Trustee board from mid-April 2022.

Find out more about the Trustee Director’s responsibilities here.

How to nominate

To nominate a candidate, please complete this nomination form, which is also available on the Scheme website under Documents > Member forms.

Candidates must be an active member of the Scheme (i.e. a current employee of Westpac in respect of whom benefits are accruing under the Scheme. Candidates must be nominated by an active member of the Scheme, with that nomination seconded by one other active member of the Scheme. Pensioners and deferred members are not able to be candidates and are not able to nominate candidates.

The completed nomination form must be emailed or posted to, and be received by, the Returning Officer for the election before 5pm on Wednesday 2 March 2022.

                       Philippa Kalasih
                       Returning Officer
                       Westpac New Zealand Staff Superannuation Scheme
                       Mercer (N.Z.) Limited, PO Box 2897, Wellington 6140
                       Philippa.Kalasih@mercer.com

More information on the election process has been included in the email to all active members.

Proposed election timetable: