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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.

We have collaborated with ASEAN Plus Group on FinTech. Click here to view the APG guide to the Regulation of Payment Services in Asia-Pacific.

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.

Recent Posts

17 May 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

The scammers are promising high returns of 8 per cent to 20 per cent per annum if the investors moved their super balance to a new self-managed superannuation fund.

05 May 2021 - Knowledge

Superannuation monthly update – April 2021

#Superannuation, Funds Management & Financial Services

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

03 May 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

These changes will allow certain AFS licensees to include, where the licensee is a lessee, a right-of-use asset in the calculation of their net tangible assets and, where the right-of-use asset is a current asset, adjusted surplus liquid funds and surplus liquid funds.

19 April 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

ASIC has gained civil penalties totalling $159.8 million in six months in a new record it says will send “strong messages of deterrence”.

07 April 2021 - Knowledge

Superannuation monthly update – March 2021

#Superannuation, Funds Management & Financial Services

In this edition, we revisit key superannuation news, legislation and cases in March.

06 April 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

The Federal Government’s changes to superannuation are due to take effect on July 1 this year.

22 March 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

The Government’s Your Future Your Super legislation – currently before Parliament – will not achieve its stated intent and should not proceed, the Australian Institute of Superannuation Trustees said.

09 March 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

Five of Australia’s largest financial advice industry associations have condemned an increase in financial adviser licence fees as “shameful” and called for an immediate review of the ASIC industry funding mode.

04 March 2021 - Knowledge

The impact of ‘Your Future, Your Super’ on employer compliance with Choice of Fund

#Superannuation, Funds Management & Financial Services, #Workplace Relations & Safety

On 17 February, the Treasury Laws Amendment (Your Future, Your Super) Bill 2021 was introduced into Parliament. As expected, it is currently subject to review by the Senate Economics Legislation Committee, with a report due in late April.

02 March 2021 - Knowledge

Superannuation monthly update – February 2021

#Superannuation, Funds Management & Financial Services, #COVID-19

In this edition, we revisit key superannuation news, legislation, cases and regulatory developments in February.

22 February 2021 - Knowledge

Inside track: Superannuation, Funds Management & Financial Services

#Superannuation, Funds Management & Financial Services

In what represents a hook in the Government’s Your Future Your Super legislation, it has moved to impose portfolio holdings requirements on superannuation funds.

10 February 2021 - Knowledge

When the general becomes personal – Westpac, ASIC and the meaning of personal advice

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

The High Court has clarified what constitutes personal financial product advice in an important decision for the financial services industry and retail consumers.