Prudence under Pressure

20 Pages Posted: 1 Jun 2009

Date Written: February 27, 2009

Abstract

Investment markets have been volatile in recent times and the investment practices of super fund trustees are coming under increasing scrutiny. The law requires that trustees exercise the care and skill of a prudent person in the exercise of their investment powers, and that they formulate an investment strategy that has regard for the circumstances of the fund. What does this mean in the context of volatile markets and current investment practices?

Keywords: retirement security, investment practices of super fund trustees

Suggested Citation

Donald, M. Scott, Prudence under Pressure (February 27, 2009). UNSW Law Research Paper No. 2009-10. Available at SSRN: https://ssrn.com/abstract=1412062

M. Scott Donald (Contact Author)

UNSW Law ( email )

Kensington, New South Wales 2052
Australia

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