Mergers and Successor Fund Transfers
The consolidation of funds and rationalisation of financial products in the superannuation industry presents a shift towards greater efficiency. This needs to be balanced with protecting the rights of members, and often trustees face complex decisions and issues at every stage of a merger or successor fund transfer (SFT) transaction.
Our experience and services
We have extensive practical experience in the key steps involved in a merger or SFT transaction:
Planning and initiation
Due diligence and legal risk identification
Heads of agreement
Transfer deeds
Equivalency and best financial interests analysis
Product rationalisation
Transition of administration and fund asset custody
Significant event notice communication and disclosure
APRA engagement
Legal sign-off and opinion
Winding-up of transferring fund trustee
Our experience and services are complemented by the deep operational and execution knowledge of SFTs within the QMV Group. If you would like to learn more on how QMV Legal can help with your next merger or SFT, feel free to contact us.
