361-370 of 441 results
Annual members' meetings for superannuation funds – physical, electronic hybrid or virtual?
In May, the Federal Treasurer used emergency powers to temporarily modify the Corporations Act 2001 (Cth) to facilitate the holding of public company shareholder meetings virtually, without any attendees required to be physically present. We take a look at the SIS Act requirements, ASIC statements, and the implications for holding members' meeting in the current environment. ...
EU Commission publishes AIFMD report – what does this mean for Australian wholesale fund managers?
The European Commission has finally published its report on AIFMD and, in doing so, considered the impact of AIFMD on AIFMs, AIFs and investors. The report is short, but gives some insight into how the key features of AIFMD have worked and the effect this has had on the market. ...
The road ahead – secondaries markets in 2H 2020 and considerations for superannuation and institutional LPs
We look ahead to the green shoots in the secondaries market with expectations of increased deal activity in the second half of 2020 and discuss the thematics for superannuation and institutional LP participants over this period. ...
Financial advice relief – all talk and no-action
We said at the outset of this pandemic that financial advice will play an important role in supporting members who are considering whether to access their super early. Alive to that, ASIC recently released a series of measures to facilitate access to financial advice ...
The simple case of the SIS Act 'best interests' obligation
Commissioner Hayne's comments in his final report, and the surge of community interest in super, have resulted in a renaissance of sorts for the 'best interests' obligation. ...
A pathway to sensible, long-lasting reform – the Federal Government's 'JobMaker' agenda
In a briefing to the National Press Club on 26 May 2020, Prime Minister Scott Morrison outlined the Federal Government's 'JobMaker' agenda as a key aspect of its plan for economic recovery from the CO ...
Easing of COVID-19 restrictions prompts return to work planning
States and territories have recently eased the restrictions on business closures and public gatherings, prompting a wave of return to work planning. However, businesses need to be aware of a variety o ...
JobKeeper fortnights – do two fortnights equal a month?
The Fair Work Commission (the FWC) has released an opinion on how to deal with monthly paid employees under the JobKeeper scheme.1 ...
Varying redundancy payments due to COVID-19 hardship
For some employers, managing the impact of COVID-19 on their business may ultimately involve making redundancies, and some may struggle to meet their obligations to employees with respect to redundancy pay. This article considers this scenario in the context of two recent Fair Work Commission decisions. ...
ACCC 2020 Enforcement Priorities
A number of industries and issues are in the spotlight following release of the ACCC's 2020 Enforcement and Compliance Priorities by Chairman Rod Sims on 25 February. ...