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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
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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