It goes without saying that the new Best Financial Interests Duty (BFID) obligations are central to not just a superannuation trustee’s governance framework, but also its operational framework.
As readers will be aware from our previous articles on this subject (see here and here), we are seeking to assist superannuation trustees to understand the duty and to implement a practical BFID management framework.
In this article, we set out some practical distillations which should assist in the implementation process.
Download and read our insights here.
If you would like more information or assistance, please do not hesitate to contact one of our team members below.
Michael Vrisakis
Partner, Sydney
Scott Donald
External consultant, Sydney
Tamanna Islam
Partner, Sydney
Hartley Spring
Senior Associate, Sydney
Key contacts
Michael Vrisakis
Partner, Sydney
Scott Donald
External consultant, Sydney
Tamanna Islam
Partner, Sydney
Hartley Spring
Senior Associate, Sydney
Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.