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Productivity Commission releases draft report on competition in the financial system
Insight 20 Feb 2018

The Productivity Commissions draft report on competition in the financial system released earlier in February makes 25 draft recommendations a key focus of which are reforms to the regulatory system ...

Update on the Royal Commission
Insight 22 Jun 2018

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 ...

Where we are with superannuation retirement income changes
Insight 19 Jul 2018

The Government has slowly been changing the superannuation retirement income system with the aim of increasing the range of retirement products available to Australians A number of changes have already been implemented and more are to come with the proposed Comprehensive Income Products for ...

Updated guidance on conflicted remuneration and other banned benefits
Insight 07 Dec 2017

Earlier today ASIC released an updated version of Regulatory Guide 246 concerning conflicted remuneration and other banned benefits such as volume-based shelf-space fees The changes are largely to address the life insurance remuneration reforms which take effect on 1 January 2018 But there are other ...

Unitranche financing in the Australian market
Insight 04 Dec 2017

As regulatory and political pressure increases on the major banks in Australia alternative credit providers are entering the market with a variety of products to attract borrowers The unitranche loan is an example of one such product Partner Warwick Newell Senior Overseas Practitioner Alex Tonkin ...

Australian Government proposes new foreign bribery offences
Insight 07 Aug 2017

Australias lack of enforcement of foreign bribery legislation has attracted increasing criticism in recent years but the Federal Government is expected to soon table legislation proposing wide-ranging reforms We look at two key proposed changes for Australian companies ...

Allens acts on $2.9 billion NorthConnex road project
News 05 Feb 2015

Allens has acted for Canada Pension Plan Investment Board ( CPPIB ) on its role in the consortium to fund the construction of, and then own, the NorthConnex project in Sydney. The consortium, ...

Allens advises on sale of Peters Ice Cream
News 28 May 2014

Allens is advising Pacific Equity Partners ( PEP ) on the sale of Peters Ice Cream to leading European ice cream manufacturer, R&R Ice Cream. Under the agreement, R&R Ice Cream, which is owned by ...

Allens appoints five new partners
News 04 Jul 2016

Allens is pleased to announce the appointment of five new partners: Chris Blane, Benjamin Downie, Linda Govenlock, Chung Le and Scott McCoy. Franki Ganter, who joined the firm as an M&A specialist ...

Allens bolsters banking and finance team with Nicholas Creed appointment in Perth
News 17 Aug 2016

Allens has appointed Nicholas Creed as a partner to its Banking and Finance (BAF) practice in Perth, further strengthening the firm's team. Nicholas is a corporate finance practitioner with ...

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