Super Ruling Poised To Set Climate Risk Precedent

Trustees of Australian Prudential Regulation Authority (APRA) and self-managed superannuation funds alike should pay close attention to the upcoming case of McVeigh v REST, and the possibilities of either setting a precedent requiring consideration of climate change as a material investment risk or highlighting the need for more specific climate change risk focused regulation.

superannuation, risk, regulationGuest User19 November 2019jonathan steffanoni, mcveigh v rest, climate, superannuation, law, superannuation law, responsible investing, ethics, trustee, climate change, financial performance, apra, parliament, qmv legal, legal

Best-Interests Duty Is Not That Complicated

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has thrown some light onto the superannuation sector’s conduct while left alone in the dark with the retirement savings of Australians.

banking, regulation, superannuationGuest User9 October 2018jonathan steffanoni, qmv, Royal Commission into Misconduct in the Banking, royal commission, superannuation, banking, fiduciary, trustee, Kenneth Hayne, incentives, legal

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