3441-3450 of 4388 results
Superannuation retirement phase - lessons from recent UK annuity changes
A key risk faced by self-funded retirees is the possibility that their superannuation savings will not last as long as they will While lifetime pensions and annuities issued by life companies can assist in addressing this risk there has traditionally been a relatively low uptake of these products by ...
Abolition of the Victorian Energy Efficiency Target
The Victorian State Government has announced the closure of the Victorian Energy Efficiency Target Scheme at the end of 2015 which will remove the annual obligation of large energy retailers to surrender energy efficiency certificates as well as the financial benefits provided by the scheme for ...
Will ASIC shift its regulatory focus from disclosure to suitability?
The Financial System Inquiry inevitably the Murray Inquiry is the successor of the Campbell Inquiry 1979-1981 and the Wallis Inquiry 1996-1997 Both the Campbell and Wallis reports considered that investors were best protected through disclosure and market integrity rules Both reports assumed that ...
Increasing ASIC's enforcement powers
In its submission to the Financial System Inquiry the Australian Securities and Investment Commission has again raised the issue of the penalties that are available to it to punish and deter corporate wrongdoing ASICs submission recommends that a holistic review be conducted into the availability ...
The ramifications of a Facebook rant
The Full Court of the Federal Court recently handed down its decisions on an appeal that highlights the dangers of making unsubstantiated social media comments Partner Miriam Stiel and Lawyer Tracy Lu report on a long-running dispute where the court found personal Facebook posts constituted ...
Queensland retail energy reform
The Queensland Government has introduced legislation to apply the National Energy Customer Framework to the sale of electricity and gas to retail customers in Queensland ...
An overview of the Indonesia insurance industry for foreign investors
The Indonesian insurance market has attracted significant interest from international investors in recent years both in terms of its MA and bancassurance opportunities While still a relatively small market by overall size it is forecast to grow rapidly driven by an expanding middle class and current ...
TGA confirms its approach to disclosure of commercially confidential information
The Therapeutic Goods Administration has released the final version of a document outlining its approach to the disclosure of commercially confidential information including information provided by medicine sponsors This follows the release of a draft version in June 2013 and a period of public and ...
Section 54 of the Insurance Contracts Act: Putting insureds in the driver's seat
A recent High Court decision highlights the substantial scope of s541 of the Insurance Contracts Act 1984 Cth to prevent an insurer from denying cover following an insureds non-compliance with certain terms of an insurance policy. ...
Another win for arbitration
The FCAFC has upheld an earlier decision rejecting an application to set aside or not enforce an international arbitral award. ...