Superannuation
Meet our Superannuation Team
Understanding the complexity of Superannuation
PFS bring our wide ranging actuarial and risk and governance knowledge to provide insight and help inform and solve a range of issues across the Super sector.
Successor Fund Transfers
PFS has assisted trustees to select a fund partner when a successor fund transfer is planned. We have used our actuarial expertise to design the reserving strategies, ensuring equitable allocation of tax benefits, and reviewed the insurance arrangements of the merging funds. PFS understands and manages the detail of the many issues that arise in relation to benefit design.
Risk Management
PFS provides outsourced risk management services for small to medium sized funds which enables these funds to understand and manage their risks including compliance risks. We assisted with the implementation of risk systems to enhance internal reporting of risk activities. PFS is assisting Trustees to develop an Operational Risk Framework, required from July 2025.
Remediation of errors in superannuation
PFS has assisted with the remediation of member accounts where incorrect insurance premiums were charged and is currently assisting to identify cases where premiums have been incorrectly applied. We have also undertaken a rectification exercise involving contributions mis-allocated to accounts over a period of several years.
Independent Reviews
PFS have undertaken independent reviews for Trustees of public offer funds of their various frameworks. In particular, assessments of risk management (SPS/CPS 220), conflicts management (SPS 521), and insurance governance (SPS 250) frameworks provide Trustees with recommendations and opportunities for improvement.
Meet our Superannuation Team
Understanding the complexity of Superannuation
PFS bring our wide ranging actuarial and risk and governance knowledge to provide insight and help inform and solve a range of issues across the Super sector.
Successor Fund Transfers
PFS has assisted trustees to select a fund partner when a successor fund transfer is planned. We have used our actuarial expertise to design the reserving strategies, ensuring equitable allocation of tax benefits, and reviewed the insurance arrangements of the merging funds. PFS understands and manages the detail of the many issues that arise in relation to benefit design.
Risk Management
PFS provides outsourced risk management services for small to medium sized funds which enables these funds to understand and manage their risks including compliance risks. We assisted with the implementation of risk systems to enhance internal reporting of risk activities. PFS is assisting Trustees to develop an Operational Risk Framework, required from July 2025.
Remediation of errors in superannuation
PFS has assisted with the remediation of member accounts where incorrect insurance premiums were charged and is currently assisting to identify cases where premiums have been incorrectly applied. We have also undertaken a rectification exercise involving contributions mis-allocated to accounts over a period of several years.
Independent Reviews
PFS have undertaken independent reviews for Trustees of public offer funds of their various frameworks. In particular, assessments of risk management (SPS/CPS 220), conflicts management (SPS 521), and insurance governance (SPS 250) frameworks provide Trustees with recommendations and opportunities for improvement.
Contact us for more detailed information about our capabilities
Core Strengths
We combine our hands-on knowledge of fund requirements, governance and life insurance to work with our clients to resolve complex issues across the superannuation industry.
- Fund transfers and mergers
- Operational risk reviews and management
- Group life tender processes
- ORFR and Trustee Capital
- Third party management under SPS 231 and CPS230
- Governance reviews
- Fund reporting and wind up
- Superannuation benefit valuations
- Retirement income covenant
Core Strengths
We combine our hands-on knowledge of fund requirements, governance and life insurance to work with our clients to resolve complex issues across the superannuation industry.
- Fund transfers and mergers
- Operational risk reviews and management
- Group life tender processes
- ORFR and Trustee Capital
- Third party management under SPS 231 and CPS230
- Governance reviews
- Fund reporting and wind up
- Superannuation benefit valuations
- Retirement income variant
Recent Articles
Recent Articles
Risk and Compliance Consultant (Hybrid/PT/FT)
This is an excellent opportunity to join PFS Consulting and play a key role in our continued growth and success. To take the next step in your career, please send us your resume to info@pfsconsulting.com.au
Prudential regulation of insurance in New Zealand – What’s the point
In August of 2025, the New Zealand Cabinet approved the preparation of an amendment to the Insurance (Prudential Supervision) Act 2010, colloquially known as “IPSA”.
We have worked with
