3591-3600 of 4400 results
Trowbridge - a bridge too far?
In October 2014 ASIC released its report into retail life insurance advice practices The findings were pretty grim - with poor advice being more common than good or even adequate advice ASIC said that advisers were motivated by the promise of commissions not the interests of their clients Following ...
Government releases FOFA regulations
The Governments much anticipated FOFA regulations were registered today and provide significant relief for benefits provided to employees and representatives of product issuers who provide general advice They also expressly allow bonuses to be linked to successful product sales providing the bonus ...
'Axing the tax' - the end of the Australian carbon pricing scheme
Federal Parliament has passed legislation to repeal the carbon pricing scheme removing the nationwide impost on greenhouse gas emissions Partner Grant Anderson and Associate Albert Yu report ...
ASIC report on disclosure of fees and costs
Today ASIC released a report outlining the shortcomings in the disclosure of fees and costs for superannuation and managed investment products While everyone may not like what it says and for some it may be too little too late the more detailed discussion of what the law requires may be helpful ...
Record penalties a reminder of product safety obligations
Record US penalties recently imposed on car manufacturers for failures to deal appropriately with safety defects are a timely reminder to Australian manufacturers of their product safety obligations Partner Belinda Thompson Senior Associate Jaime McKenzie and Lawyer Ishwar Singh report ...
Does legal professional privilege apply to communications with third-party commercial advisers?
Parties involved in large-scale commercial transactions with non-lawyer third-party advisers need to be aware that communications with these advisers will rarely be protected by legal professional privilege following a recent Federal Court decision ...
Queensland Government's state land reform proposals
The Queensland Government plans a major reform of the state land system to streamline processes reduce regulation and improve service delivery Partner John Beckinsale reports on the possible reforms which are outlined in a recently released discussion paper ...
Disclosure: current complexity, future clarity?
Since the 1996 Wallis Inquiry disclosure has been at the heart of the regulatory philosophy for the retail financial services sector in Australia Under the Financial System Inquirys terms of reference the Inquiry will refresh the philosophy principles and objectives underpinning the development of a ...
Government moves to abolish ACNC
The Federal Government has taken the first step towards achieving its announced intention of abolishing the Australian Charities and Not-for-profits Commission and transferring some of its functions to the Australian Taxation Office and the yet-to-be-established National Centre for Excellence ...
PNG's ownership of minerals and hydrocarbons
The Papua New Guinea Constitution will be amended to reflect the states ownership of hydrocarbons and minerals under proposals to be put before the PNG Parliament Partner Vaughan Mills and Senior Associate Sarah Kuman report on the implications of these amendments ...