Peter has over 40 years’ experience in the financial services industry since his initial roles as in-house counsel for Friends’ Provident Life (now part of the TAL Group) and, in 1980, at Prudential Assurance (now part of CommInsure). Before returning to legal practice in 1990, he had several years away from the law when he took senior executive roles in superannuation and life insurance management.
Drawing on this background, Peter established a practice in superannuation, life insurance, and funds management as a partner of Abbott Tout (1990) and later at Ebsworth & Ebsworth (2002).
The natural synergy within these practice areas and rapid industry development in a dynamic market, lead to an increasingly holistic approach by the Government and the steady formulation of a complex body of specialist laws regulating financial services which continue to change and develop. Peter was at the forefront in the industry response to these laws as they were proposed and developed and continues to assist industry participants in responding to the constantly evolving regulatory landscape.
He regularly advises company boards and management in all aspects of their business, from product formulation through to marketing and distribution and prudential regulation. He has engaged in the establishment, restructure, merger and acquisition, and licensing of insurers, trustees, and responsible entities as well as the products, schemes, and commercial arrangements that they manage.