Through actual superannuation fund board experience, we are conscious of the need for our input to add real value.
Our team is among the most experienced in Australia. Our lawyers have experience across the financial services spectrum, including in relation to managed funds, superannuation, insurance, custody, registry and administration. Our deep understanding of the sector means we can deliver advice that is timely, practical and cost-effective, because we can anticipate not only the regulatory and technical issues that may arise, but also be mindful of the political and competitive environment.
10 September 2019 - Knowledge
ASIC has cancelled the Australian financial services licence of Platinum Perpetual Global Private Wealth Pty Ltd, based in Perth (AFSL 508415). It is alleged by WAPF that the advisor misappropriated approximately $948,236.96 of clients’ funds without authority to do so.
26 August 2019 - Knowledge
ASIC is investigating the progress of transition away from grandfathered conflicted remuneration arrangements for financial advisers. The investigation will review the steps taken by industry participants from 1 July 2019 until the 2021 deadline.
12 August 2019 - Knowledge
Former employees and officers of superannuation funds and their service providers should be granted the same level of whistle-blower protections as those still working for funds, according to the Australian Institute of Superannuation Trustees (AIST).
31 July 2019 - Knowledge
The majority of Financial Standard's readership agrees the calculation of deeming rates should be appointed to an external, independent body.
15 July 2019 - Knowledge
Over 50 financial services and credit licensees have had their licenses formally suspended or cancelled by the Australian Securities and Investments Commission (ASIC) after failing to obtain membership of the Australian Financial Complaints Authority (AFCA).
26 June 2019 - Knowledge
#Corporate & Commercial Law, #Competition & Consumer Law, #Workplace Relations & Safety, #Procurement, #Construction & Infrastructure, #Technology, Media & Telecommunications, #Superannuation, Funds Management & Financial Services
As the new financial year rapidly approaches, we outline the key changes that take effect from 1 July 2019 – as well as in the coming months - and discuss what you can do to best prepare for them.
17 June 2019 - Knowledge
The Australian Prudential Regulation Authority (APRA) has imposed new conditions on AMP Limited’s superannuation businesses including board renewal and the removal of conflicts of interest
04 June 2019 - Knowledge
ASIC has banned Gold Coast adviser Daniel John Renneberg from providing financial services for five years after a surveillance found that he had failed to act in the best interests of his clients.
21 May 2019 - Knowledge
#Construction & Infrastructure, #Corporate & Commercial Law, #Data & Privacy, #Immigration Law, #Planning, Environment & Sustainability, #Renewable Energy, #Superannuation, Funds Management & Financial Services, #Taxation – Disputes & Litigation, #Workplace Relations & Safety
After a momentous weekend in federal politics, all eyes are now turning to what policies are set to be delivered and what their impact will be on business and the economy.
20 May 2019 - Knowledge
ASIC chair James Shipton has called for financial institutions to integrate fairness into their operations, as international financial regulators have said markets are wrestling with regaining trust from investors
07 May 2019 - Knowledge
On the back of the Association of Financial Advisers’ (AFA’s) strong rebuttal of Industry Super Australia (ISA) calls for a rapid end to all grandfathered commissions, some advisers are warning that salaried industry fund advisers now have a significant advantage.