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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 photo

Michael Vrisakis

Partner, Sydney

Michael Vrisakis
Scott Donald photo

Scott Donald

External consultant, Sydney

Scott Donald
Tamanna Islam photo

Tamanna Islam

Senior Associate, Sydney

Tamanna Islam
Hartley Spring photo

Hartley Spring

Senior Associate, Sydney

Hartley Spring

Key contacts

Michael Vrisakis photo

Michael Vrisakis

Partner, Sydney

Michael Vrisakis
Scott Donald photo

Scott Donald

External consultant, Sydney

Scott Donald
Tamanna Islam photo

Tamanna Islam

Senior Associate, Sydney

Tamanna Islam
Hartley Spring photo

Hartley Spring

Senior Associate, Sydney

Hartley Spring
Michael Vrisakis Scott Donald Tamanna Islam Hartley Spring