This legislative framework outlines the penalties for various contraventions concerning trustees, employers, and financial service providers, establishing that non-compliance constitutes an offence. Offences include failing to meet obligations set forth by the Act or the Financial Services and Pensions Ombudsman, with provisions for defence available under specific circumstances.

The Act further stipulates robust protections for employees dismissed in relation to good faith disclosures, empowering the courts to reinstate or provide compensation. Notably, corporate liability extends to individuals in decision-making roles when offences stem from negligence or consent.