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Superannuation, Funds Management & Financial Services

Through actual superannuation fund board experience, we are conscious of the need for our input to add real value.

Superannuation, Funds Management & Financial Services

Our team is among the most experienced in Australia. Our lawyers have experience across the financial services spectrum, including in relation to managed funds, superannuation, insurance, custody, registry and administration. Our deep understanding of the sector means we can deliver advice that is timely, practical and cost-effective, because we can anticipate not only the regulatory and technical issues that may arise, but also be mindful of the political and competitive environment.

Expertise

  • compliance and regulatory issues
  • trust deed and constitution interpretation, reviews and amendments
  • governance issues, including director and trustee duties
  • fund establishments, restructures, mergers, rationalisations and closures, including successor fund transfers and transfers and amalgamations of life insurance business
  • acquisitions and disposals
  • insurance policy review, policy drafting and negotiation, and takeover arrangements
  • insurance claims and disputes, including death benefit allocations, total and permanent disability benefit claims, Superannuation Complaints Tribunal complaints and superannuation-related litigation
  • financial product development
  • financial advice and product distribution
  • investment, including direct investments, derivatives trading, infrastructure and property funds
  • communications and disclosures, including product disclosure statements, prospectuses, and periodic disclosure
  • licensing
  • breach reporting and other liaison with regulators regarding audits and investigations, compliance issues and queries.

Experience

  • experience advising large superannuation funds in relation to their investments in Australia and offshore and associated corporate and commercial issues
  • advice to trustees in respect of important operational fund documents such as trust deeds, administration agreements and custodian agreements.


APG Regional Regulatory Guide to Asset Management in Asia-Pacific

We collaborated with the ASEAN Plus Group in their inaugural issue of this guide to map the latest state-of-play in the asset management sector across some of the regional group’s jurisdictions, including Australia.

Download the guide

Recent Posts

20 September 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

In a heated debate during the Parliamentary enquiry of common ownership of markets in Australia, the Association of Superannuation Funds of Australia has accused the committee of dealing in “conspiracy theories”.

06 September 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

A recent ASIC survey of registrable superannuation entities (trustees) about their preparedness for the new enforceable internal dispute resolution obligations has identified some important areas requiring further work.

01 September 2021 - Knowledge

ASIC abandons its ‘why not litigate’ approach to enforcement – what’s next for auditors?

#Dispute Resolution & Litigation, #Superannuation, Funds Management & Financial Services

In its latest corporate plan, ASIC pivots away from its ‘why not litigate’ enforcement approach and reports on its first criminal prosecution for auditing breaches. Will this impact auditors’ existing obligations?

30 August 2021 - Knowledge

Fees and costs disclosure in PDSs – a quick guide for the early adopters

#Superannuation, Funds Management & Financial Services

We provide a quick guide to assist you with drafting or restructuring PDSs to disclose fee and costs data in compliance with the ASIC Corporations (Disclosure of Fees and Costs) Instrument 2019/1070.

23 August 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

Failure to ensure clients understand risk profile questionnaires can mean advisers fail the ‘know the client’ obligation and leave them open to a complaint, according to a report.

18 August 2021 - Knowledge

When can a beneficiary claim joint legal professional privilege over advice obtained by a trustee?

#Dispute Resolution & Litigation, #Superannuation, Funds Management & Financial Services

We explore the principles controlling joint legal professional privilege between a trustee and a beneficiary of a superannuation fund, and whether a representative applicant in a class action has joint privilege in legal advice with other group members.

10 August 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

ASIC has released findings about superannuation funds’ annual members’ meetings.

05 August 2021 - Knowledge

Superannuation monthly update – July 2021

#Superannuation, Funds Management & Financial Services

In this edition, we revisit key superannuation news, legislation and developments in July.

26 July 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

The prohibition of hawking superannuation funds only applies to offers made to retail clients, according to the corporate regulator.

13 July 2021 - Knowledge

Superannuation monthly update – June 2021

#Superannuation, Funds Management & Financial Services

In this edition, we revisit key superannuation news and legislative updates in June.

13 July 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

The Morrison Government will provide consumers and industry with greater certainty in relation to the insurance products that will be covered by the deferred sales model and anti-hawking regime.

29 June 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

The Morrison Government is introducing further reforms to strengthen the financial advice sector and implement recommendation 2.10 of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry – the proposed the establishment of a single disciplinary body for financial advisers.