Minter Ellison's popular report on the fundamentals of doing business in Australia.
With one of Australia’s largest superannuation teams, and extensive experience across all fund types, we advise on fund formation, structuring, fund mergers, prudential and governance obligations, licensing, contracting of outsourced functions (such as administration, investment management and custody), disclosure and member reporting, and handling member disputes. We advise the full spectrum of industry participants – industry, retail, corporate and public sector superannuation schemes, employers, administrators, life insurers, investment managers and public trustee companies – on all legal, regulatory and taxation issues. We are at the forefront of discussion, debate and development of the law and are active participants in industry groups such as ASFA, FSC and the Law Council of Australia’s Superannuation Committee. Minter Ellison’s superannuation team forms part of a wider financial services practice that specialises in superannuation, life insurance, general insurance, retail and wholesale managed investment schemes, Investor Directed Portfolio Services, investment markets and alternative investments (including hedge, index and currency funds) as well as other areas such as tax, stamp duty, corporate, litigation and intellectual property. Our market leading reputation coupled with our integrated financial services offering enables us to advise on some of Australia’s largest and most significant superannuation transactions. This expertise includes transactional involvement on superannuation funds investments in a range of asset classes – including property, infrastructure, private equity, venture capital, equities and hedge funds.
Yesterday, the Australian Government released its Stronger Super Information Package. The Assistant Treasurer, The Hon Bill Shorten MP stated that he expects the Stronger Super legislation to be released in tranches over the next 9 months, with consultation to be undertaken on each tranche. The first tranche dealing with MySuper is expected to be released within a month.