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.
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.
23 April 2019 - Knowledge
ASIC has called on superannuation trustees to provide helpful and balanced communications to their members regarding the Protecting Your Super package (PYSP) of reforms, which are due to take effect on 1 July 2019
08 April 2019 - Knowledge
The Coalition Government is providing expanded access to redress for consumers and small businesses harmed by financial misconduct, as we continue to take action on all 76 recommendations in the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry
25 March 2019 - Knowledge
A report by the Council of Financial Regulators (CFR) and the Australian Taxation Office (ATO) has found that assets held by self-managed superannuation funds (SMSFs) under 'limited recourse borrowing arrangements' (LRBAs) are unlikely to pose systemic risk to the financial system at this time
12 March 2019 - Knowledge
ASIC has acted to disqualify, suspend or add conditions to the registration of a number of auditors of self-managed superannuation funds (SMSFs). The actions arose following ASIC concerns about audit quality, independence issues, and failures to meet the fit and proper person criteria or other matters