Time Commitment and Remuneration
This role is envisaged to require a commitment of three days per week, paid at the rate of £90,000.
The appointment is made “at the pleasure of the Archbishop of Canterbury” but it is anticipated that the role will be for a fixed period of up to three years (to 2027), at which point the primary responsibilities of the Third Commissioner will have been transitioned to a new national Church governance body (Church of England National Services). This time period can be reviewed in the light of progress with these changes in the governance structure.
Disqualifications
To minimise conflicts of interest, the Commissioners have adopted the policy that persons serving at any time within the last five years as partners, consultants, associates or employees of the Commissioners’ actuaries (currently Hymans Robertson) and external auditors (currently Grant Thornton) should not serve as Commissioners. Similarly, if recent employees, consultants or associates of our investment managers or other agents should apply, the Commissioners will wish to satisfy themselves that they have not been directly involved with the Commissioners’ investments.
Section 178 of the Charities Act 2011 provides that the following are also disqualified:
- A person who has been convicted of any offence involving dishonesty or deception
- Anyone who has been adjudged bankrupt, or sequestration of his or her estate has been awarded
- Anyone who has been removed from the offices of charity trustee or trustee for a charity or removed from being concerned in the management or control of any body
- Anyone who is subject to a disqualification order under the Company Directors Disqualification Act 1986 or an order made under section 429(2) of the Insolvency Act 1986