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Super’s super mergers: A brave new world

Australia - December 13 2021 A by-product of the recent results of the first APRA Your Future, Your Super (YFYS) performance assessment (more on that in our previous article…

Scott Donald, Tamanna Islam, Abby Sutherland, Michael Vrisakis

An old friend or foe? ASIC updates court enforceable undertaking guidance

Australia - November 23 2021 ASIC’s new Chair Joe Longo has long signalled since commencing with the regulator in June that the “why not litigate?” enforcement mantra of…

Tamanna Islam, Hugh Paynter, Crystal Sanders, Abby Sutherland, Michael Vrisakis

Establishing a best financial interests decision-making framework for super trustees: BFID in practice

Australia - October 25 2021 It goes without saying that the new Best Financial Interests Duty (BFID) obligations are central to not just a superannuation trustee’s governance…

Scott Donald, Tamanna Islam, Preeta Seshachari, Hartley Spring, Michael Vrisakis

The Best Financial Interests Duty - What does the new super duty actually require?

Australia - October 13 2021 Our last article on this topic canvassed the new best financial interests duty (BFID) in some detail (link here), particularly the breadth of the…

Scott Donald, Tamanna Islam, Preeta Seshachari, Hartley Spring, Michael Vrisakis

Retirement income covenant finally sees the light of day

United Kingdom - September 29 2021 After a long gestation period, the Federal Government's proposed retirement income covenant (RIC) for superannuation trustees has finally been…

Scott Donald, Tamanna Islam, Preeta Seshachari, Michael Vrisakis