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Superannuation Industry News Update

In this edition we examine Day One requirements for superannuation trustees required by the Financial Services Reform Act 2001 (‘FSRA’), which commenced on 11 March 2002. We also comment on the Ansett case which is currently being run by the Deacons’ superannuation and litigation teams and other new legislative and case law developments.

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For investment activity occurring after 1 July 2002, there will be a new level of due diligence required in merging, acquiring or restructuring any entity

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