101-110 of 114 results
Trustees, start your reviewing! Super funds and the 'Member Outcomes Act': what needs doing, and when
This Insight considers the new obligations imposed on super funds in light of the The Treasury Laws Amendment (Improving Accountability and Member Outcomes in Superannuation Measures No. 1) Bill 2019. ...
Allens advises Rest on $900m Quay Quarter Tower investment
Allens has advised Rest on its acquisition of a one-third stake in Sydney's Quay Quarter Tower redevelopment for approximately $900 million. It is the largest Australian property transaction ever ...
Superannuation reform - the year ahead in 2018
2017 was a busy year in superannuation The Allens superannuation team takes stock of the legislative and regulatory reform proposals that have been mooted for 2018 and gazes into the crystal ball to see what might lie ahead this year ...
ASIC's sanctions and powers to be strengthened
The Federal Government has announced that it proposes to strengthen ASICs powers and to increase the severity of penalties civil and criminal that can be imposed on individuals and corporations in line with the ASIC Enforcement Review Taskforces recommendations Partner Rachel Nicolson and Senior ...
Update on the Royal Commission
A lot has happened since our most recent update The Royal Commission has published the submissions received from ASIC and industry participants on policy questions posed by Counsel Assisting at the end of the financial advice hearings And the small business lending hearings have been held ...
Efficiently, honestly and fairly - overarching and fundamental obligations?
In his recent Interim Report into Misconduct in the Banking Superannuation and Financial Services Industry Commissioner Hayne makes a lot of the duties of an Australian financial services licensee and an Australian credit licensee to provide financial services or credit activities as the case may be ...
Royal Commission: Round 2 - experiences with financial advice
Although the Commissioner says that the Royal Commission is part of the executive and not the judiciary and that he is therefore not able to make any findings of law he comes pretty close in his views in response to Round 2 And in some important respects those views do not correspond with ...
Slater & Gordon begins its superannuation class actions
As predicted in an Insight in 2018, the Financial Services Royal Commission has proved to be a hotbed for class actions. ...
AFCA's powers and obligations - 'systemic issues'
In his Interim Report, Commissioner Hayne rejected claims that misconduct in the financial services sector was the fault of 'a few bad apples' and did not raise 'broader or systemic concerns. This Insight considers what can and should be done about such systemic issues. ...
Changes to the FSC Life Insurance Code of Practice
Proposed changes to the FSC Life Insurance Code designed to improve standards in product design sales underwriting customer service complaints and claim handling are afoot and the deadline for comments is fast approaching ...