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The super standard of care - How high should superannuation trustees jump?
Citation
Butler, LM, The super standard of care - How high should superannuation trustees jump?, Journal of Equity, 2, (3) pp. 225-244. ISSN 1833-2137 (2008) [Refereed Article]
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Abstract
The standard of care applied to trustees is the yardstick against which the performance of trustees in administering and managing trust affairs is judged, and ultimately it regulates the level of risk a fund will bear. This article examines the standard of care applicable to trustees, both generally and in the superannuation context.It questions the low level of the ‘super standard’ in the SIS Act covenants and provides suggestions to promote a higher standard of prudential accountability and consistency across financial services regimes.
Item Details
| Item Type: | Refereed Article |
|---|---|
| Research Division: | Law and Legal Studies |
| Research Group: | Law |
| Research Field: | Equity and Trusts Law |
| Objective Division: | Law, Politics and Community Services |
| Objective Group: | Justice and the Law |
| Objective Field: | Justice and the Law not elsewhere classified |
| UTAS Author: | Butler, LM (Dr Lisa Beatty) |
| ID Code: | 57871 |
| Year Published: | 2008 |
| Deposited By: | Law |
| Deposited On: | 2009-08-20 |
| Last Modified: | 2010-03-11 |
| Downloads: | 6 View Download Statistics |
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