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DLA Piper New Zealand

CHARTERED ACCOUNTANTS HOUSE, LEVEL 5, 50-64 CUSTOMHOUSE QUAY, WELLINGTON 6011, NEW ZEALAND
Tel:
Work +64 4 472 6289
Fax:
Fax +64 4 472 7429
Email:
Web:
www.dlapiper.com
DLA Piper New Zealand, Alasdair McBeth, Wellington, NEW ZEALAND

Lawyer rankings

Alasdair McBeth

Tel:
Work +64 4 474 3257
Email:
DLA Piper LLP (US)

Work Department

Partner, Financial Services

Position

Alasdair is one of New Zealand's leading lawyers in the funds management and superannuation industry. He has been involved with KiwiSaver since its inception and has been responsible for the establishment of many schemes. Alasdair has special expertise in the prudential governance of financial assets, particularly Crown financial assets. He regularly advises on the drafting of documentation for New Zealand domestic and international fund managers and custodians, including putting in place appropriate investment mandates, and establishing compliance and reporting procedures. Alasdair has extensive experience in designing and establishing retail and wholesale investment structures using all forms of collective investment vehicles for domestic and international clients. He advises overseas issuers on New Zealand regulatory requirements for offering securities in New Zealand and also trustee companies, including appointment as trustees of unit trusts, superannuation schemes, group investment funds, statutory supervisors, security trustees, debt trustees and custodians. Alasdair provides commercial and corporate governance advice to trustee companies, trustees, other funds management industry providers, Crown entities, and government departments. This includes advising on, and preparing submissions on, legislative changes and advising on powers, authorities and delegations. He advises on employer based defined contribution and defined benefit schemes, including the effects of KiwiSaver and the establishment of Complying Funds. Alasdair advises administrators and investment managers for superannuation schemes, in particular, regarding master superannuation schemes and multi-employer structures. He advises financial planning and financial adviser groups on products, compliance and disclosure requirements. Alasdair also has a significant foreign trust practice. For further information, please view: https://www.dlapiper.co.nz/people/alasdair-mcbeth

Career

Barrister and Solicitor of the High Court of New Zealand, 1979

Member

New Zealand Law Society; Workplace Savings NZ; Investment Savings and Insurance Association; UK Pension Lawyers Association

Education

LLB, Victoria University of Wellington, 1978


New Zealand

Investment funds

Within: Leading individuals

Alasdair McBeth - DLA Piper New Zealand

Within: Investment funds

DLA Piper New Zealand has 'institutional knowledge that is invaluable', according to one client. The firm assists licensed managers, supervisors, custodians and investment managers with regulatory matters such as the reporting requirements of the Financial Markets Conduct Act, distribution models, fund design and fund establishment. It is also busy with the implementation of the Asia Region Funds Passport in New Zealand, having been chosen as the only local firm to participate in the pilot program. It handles retail and wholesale investment funds and KiwiSaver matters, and also works with sovereign funds such as the Government Superannuation Fund. Tracey Cross in Auckland and Alasdair McBeth and Rachel Taylor in Wellington jointly lead the practice and are 'very strong on investment and superannuation issues'. McBeth recently advised online investment fund supermarket operator Investnow Saving and Investment Service on the purchase of a book of clients from Rabodirect. Special counsel Nicole MacFarlane and senior associates Neisha Mistry (who exhibits 'good attention to detail'), Geoff Ward-Marshall and Tom Barnes are also recommended.

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Legal Developments by:
DLA Piper LLP (US)

  • Sentencing guidelines for corporate manslaughter

    In February 2010 the Sentencing Guidelines Council (the SGC) issued definitive guidelines to courts on imposing appropriate sentences for corporate manslaughter and health and safety offences causing death. The SGC states that fines imposed on companies found guilty of corporate manslaughter should not fall below £500,000, while fines in respect of health and safety offences that are a significant cause of death should be at least £100,000. Crucially, the SGC declined to provide for a fixed link between the imposed fine and the turnover or profitability of the offending company.‚Ä©
    - DLA Piper UK LLP

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