Scott Charaneka is the Head of Superannuation & Wealth Management at Thomson Geer and is an industry leading financial services lawyer. He has comprehensive experience in establishment, licensing, governance, administration, distribution, restructuring, investment and tax matters associated with superannuation, funds management and life insurance products. He presently acts for many of Australia’s largest private and public sector financial institutions.
Scott has previously worked as an in-house counsel at Legal & General and ING. He is a regular speaker at conferences, has designed key training programs for boards and responsible officers and is a guest lecturer at UNSW law school. He was the lead editor of Wickens The Law of Life Insurance in Australia from 1998 to 2008, a co-editor of the CCH Australian Superannuation Law & Practice from 2001 to 2010, a co-editor of the Lexis Nexis Financial Services Newsletter from 2001 to 2008 and is a current co-editor of the Lexis Nexis Australian Superannuation Law Bulletin. Scott is a fellow of ASFA and Deputy Chair of their Queensland State Executive Committee, an emeritus member of the Law Council of Australia Superannuation Lawyers Committee and was appointed to APRA’s Superannuation Lawyers Liaison Forum.
Publications by Scott include:
- The CCH Guide to Estate Planning (first and second edition);
- The CCH Guide to Super Choice;
- Establishing a Funds Management Business in Australia (first and second edition); and
- The CCH Guide to MySuper, SuperChoice and SuperStream.
Scott has been recognised by his peers as ‘Lawyer of the Year’ by Best Lawyers in Australia 2022 in the area of Superannuation Law in Melbourne and as one of the Best Lawyers in Australia from 2012 – 2022 inclusive in the categories of Regulatory Practice and Superannuation Law. Scott has been recognised by Chambers Asia-Pacific (2018-2021) in the area of Superannuation law. Scott was listed in Who’s Who Legal: Pensions & Benefits from 2014 and Who’s Who’s Legal: Labour, Employment and Benefits from 2014. Scott was a finalist in the Lawyers Weekly Partner of the Year Awards 2017, 2018 and 2019.
Scott Charaneka’s recent experience includes:
- Acting for the Queensland Government on the merger of QSuper and SunSuper. The Queensland Government is the principal employer sponsor of QSuper. It is considered the biggest merger in Australian super history.
- Acting for Statewide on its proposed merger with Hostplus. This merger will create a fund nearing $100 billion in funds under management.
- Acting for Statewide on its current litigation with ASIC.
- Advising BUSSQ on its financial planning arm.
- Acting for AustralianSuper on their relocation to 130 Lonsdale Street.
- Acting for Intrust Super on its merger with Hostplus.
- Advising Vision Super on governance arrangements connected with recent regulatory reform.
- Acting on all contested claims matters for AustralianSuper and Aware Super.
- Advising Aware Super on their renegotiation of their group life insurance contract.
- Advising Club Super on its merger with Hostplus.
- Acting for WA Super on its $5 billion merger with Aware Super.
- Advising AustralianSuper in the preparation for, and hearings of, the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
- Advising QSuper on the establishment of QInsure. The matter involved advising on the transfer of a self-insurance risk reserve and the establishment of a group life insurer as an investment of the fund.
- Advising AustralianSuper on their divestment of all tobacco manufacturing securities.
- Acting for the lead consortium member, AustralianSuper, in the sale of its stake in Superpartners and simultaneously negotiating administration and custody agreements.
- Acting for CBRE Global Investors on the acquisition of 118 Mount Street, North Sydney and 120 Spencer Street, Melbourne.
- Acting for QSuper on their transition to becoming a public offer fund.
- Acting for the Pillar board on its sale by the NSW State Government.
- Acting for CBRE Global Investors on the establishment of their operation in Australia.
- Acting for AustralianSuper on the successor fund transfer of the IBM staff fund (then the largest corporate transfer in Australian history).