Superannuation

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.

MinterEllison’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.

27 January 2015

Recent publicity surrounding the exclusion or divestiture of stocks in carbon-intensive industries shows that leading investors are reviewing the financial risks (and opportunities) associated with climate change. However, with debate on climate change often pitched around ideological poles, many superannuation fund trustees are struggling to translate these developments into prudent governance practice, consistent with their statutory and general law duties. This article looks beyond the political debate to consider what recent developments on climate change mean for the legal obligations of fund trustees, and the implications for boardroom practice. In doing so, they note that focus on the outcomes of investment (or divestment) decisions may have obscured the key legal issue – that of diligent process.

8 December 2014

The Final Report of the Financial System Inquiry chaired by Mr David Murray was released on 7 December 2014. Here, we discuss key points arising from the Report and Mr Murray's speech to CEDA.

28 November 2013

The federal government today released a discussion paper seeking feedback on measures to improve super fund governance, finish outstanding Stronger Super transparency measures and enhance competition in the default super market.

21 November 2013

While the majority of the Stronger Super reforms have now commenced, a number of changes are due to come into effect at the end of 2013. With this date now rapidly approaching, we wanted to provide you with the tools for a Stronger Super 'health check' to make ensure sure you are prepared to start the new year in strong form.

18 July 2013

The Australian Taxation Office has issued its annual compliance program, 'Compliance in focus 2013-14', setting out the areas it will focus on in its investigations and reviews throughout the coming year. The compliance program can help you determine the likelihood of being subject to scrutiny by the Australian Taxation Office.