Recent Allens superannuation experience includes:
We advise a number of Australia's major corporate superannuation funds, including Westpac, Brambles, BHP, Shell, UniSuper, Australia Post and Rio Tinto.
We acted for Rio Tinto and other companies in testing the Federal Government's superannuation contribution surcharge legislation. The Government introduced legislation retrospectively in response to this collective action.
SA Electricity industry
We acted on the conversion of the South Australian Electricity Industry Fund from a constitutionally protected fund to a taxed fund (as part of the privatisation of the South Australian electricity industry).
Public Transport Corporation
Allens advised the Victorian Department of Treasury and Finance on Public Transport Corporation superannuation.
We acted in a number of significant repatriation cases, including the successful Shell Case before the Industrial Relations Commission.
NSW State Super
We advised the NSW Treasury on the privatisation of the funds management arm of State Super and the split-off of the local government and energy sectors of the State Super funds, as well as on the trade sale of Axiom.
Allens advised on the merger of funds for Sara Lee, Shell, Fosters and others.