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Maged Girgis

Maged Girgis is one of the country's most respected financial services lawyers with more than 19 years’ experience as a specialist superannuation funds advisor.

Mag advises the full spectrum of financial services industry participants across all legal, regulatory and taxation issues. He acts for corporate, industry, public offer and public sector superannuation funds as well as employers, administrators, trustee companies, life insurers and investment managers.

Some of Mag’s long-standing clients include Allianz, AMP, Asteron/Promina, BT, First State Super, Hannover Life Re, IBM, ING/Onepath, Media Super, Perpetual, and NSW State Super Scheme.

Mag also brings invaluable industry experience to his specialist practice. Prior to joining the firm, he spent time as an in-house counsel for a large superannuation and life insurance provider.

Mag is a regular presenter at leading industry conferences and a Fellow of the Association of Superannuation Funds of Australia. Mag is also a member of the Law Council of Australia Superannuation Committee.

22 April 2014

The Economics Committee conducting the inquiry into the performance of ASIC will address the role, structure and responsiveness of the regulator as well as its relationship with participants in the industry. Its report is expected to be tabled in the Senate by mid-May or June. On top of the specific recommendations that the report is likely to address, the inquiry has prompted a broader debate on the regulator's role.

17 April 2014

Specialist financial services and superannuation partner Maged Girgis has said the Financial System Inquiry (FSI) should consider the systemic risk posed by the size of the SMSF sector, which could “substantially” worsen as the sector continues to grow.

15 April 2014

Minter Ellison supports regular reviews of Australia’s financial system. The Wallis inquiry, the Henry review, and the Johnson report each provided the context for discussion and constructive change aimed at reshaping the financial services sector for the benefit of Australians while factoring in the interests of the global investment community. We therefore welcome the Financial System Inquiry (FSI) and the opportunity to offer detailed insights and recommendations to the Inquiry via this written submission.

27 March 2014

According to partner Maged Girgis, who heads our Superannuation practice, the shift of default superannuation funds into the MySuper regime will expose a number of systemic risks with only about 10 per cent of MySuper products likely to survive in the long term.

27 March 2014

Partner Chris Brown told a roundtable on the Financial System Inquiry (FSI) that David Murray, who is undertaking the inquiry for the Federal Government, must consider the risk of a failure within the SMSF sector and what can be done to avoid it.