Superannuation Disputes
Claims for incorrect superannuation compliance advice
If you have suffered loss as a result of the actions of your accountant, financial adviser or fund administrator in providing inaccurate advice on superannuation compliance, you may have no alternative but to seek compensation from the court for negligent advice. Your adviser may well have professional indemnity insurance in which case their insurer will be involved in assessing your claim.
Claims for negligent or inappropriate financial or tax advice
If you have suffered loss as a result of the actions of your financial adviser, financial planner or insurance broker and that loss is greatly in excess of the FOS jurisdictional limit of $280,000 per claim, you may have no alternative but to seek compensation from the court for your adviser’s breaches of the various legislation that applies in the financial sector and/or the tort of negligence. Your adviser may well have professional indemnity insurance in which case their insurer will be involved in assessing your claim.
Defence to ATO infringement notices
If you or your client has been served with an infringement notice by the ATO in respect of superannuation, we can advise on your rights and assist in the preparation of your defence.
FOS proceedings for financial services complaints
If you have suffered loss as a result of the actions of your financial adviser, financial planner or insurance broker, Townsends can assist with your complaint to the Financial Ombudsmans Service (FOS), which has the power to order compensation up to $280,000 per claim.
Superannuation Complaints Tribunal claims
If you are a member of a public offer superannuation fund and are unhappy with an aspect of the management of your account in the fund, which may have caused you loss, you may be able to make a claim to the Superannuation Complaints Tribunal. We can assist you to organise and present your claim in a professional, accurate, knowledgeable and coherent manner that will increase your chances of success.