Damian assists clients in the financial services industry with all aspects of financial services law and regulation. Damian’s primary area of specialisation is the regulation, administration and management of superannuation funds. His clients include the trustees and administrators of corporate, industry, retail and public sector superannuation funds.
While Damian has a broad financial services advisory practice he also assists clients with disputes and litigated matters. He is often sought out by superannuation fund trustees for his experience and expertise in matters involving fund member complaints and disputed benefit claims, including claims brought before Courts and tribunals.
Damian’s experience includes acting for:
- Australia’s largest and most sophisticated retail superannuation funds and master funds in relation to fund transfers and product consolidation, including a multi-party fund transfer that resulted in the creation of one of Australia’s largest retail superannuation funds with over $70 billion under management;
- Superannuation fund trustees in proceedings brought in State and Federal Courts by fund members in relation to alleged defective or misleading fund disclosure and declined claims for disablement benefits;
- One of Australia’s largest public sector superannuation funds in relation to its response to the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry;
- Superannuation fund trustees in relation to the application of all aspects of the Superannuation Industry (Supervision) Act 1993 and Regulations, including RSE Licensing requirements and APRA regulation; and
- Superannuation fund trustees and other financial services businesses in relation to Australian Financial Services licensing and ASIC regulation, including in relation to financial services disclosure materials such as Product Disclosure Statements, annual reports and significant event notices, and the application of the Future of Financial Advice (FOFA) provisions of the Corporations Act 2001 .