The role of this Committee includes assisting the Board in setting appropriate fair and responsible remuneration policies and practices, so the Fund can attract, retain and motivate management and staff and identifying suitable candidates and nominees to fill vacancies for Directors and Standing Committee members.

In 2009 the Remuneration and Nomination Committee comprised Lady Aivu Tauvasa (Chairperson), Mr Greg Taylor (Deputy Chairman). The position of an independent member is vacant.