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Protecting Your Superannuation Package - what you need to do, and when
Insight 07 Mar 2019

Recently passed legislation part of a package of reforms designed to protect Australians superannuation savings from undue erosion by fees and insurance premiums introduces a series of important changes that will create challenging implementation timeframes for funds and administrators ...

Financial System Inquiry: where are we at?
Insight 05 Aug 2015

Federal Treasurer Joe Hockey released the Financial System Inquiry report on 7 December 2014 saying that the report I release today delivers on our election commitment and lays out a blueprint for the financial system over the next decade And he is right - the Government did as promised commission ...

25 years of class actions
Insight 27 Mar 2017

Class action risk is changing A new wave of entrepreneurialism by plaintiff lawyers and litigation funders has substantially changed class action dynamics in recent times The 25th anniversary of the class action regime is a good opportunity to reflect on whether in the light of those and other ...

Productivity Commission's proposed alternate default models for superannuation
Insight 30 Mar 2017

In the latest and undoubtedly most significant of its reports into the design of default superannuation arrangements in Australia the Productivity Commission yesterday released its Draft Report in relation to Superannuation Alternative Default Models Partner Geoff Sanders of the Allens ...

Recent decision on FoFA advice provisions - ASIC v NSG
Insight 05 May 2017

The recent case of ASIC v NSG Services Pty Ltd considers the FoFA best interests and appropriate advice provisions, as well as obligations of licensees. While the facts of the case provide an extreme example of how advisers and licensees can fail to comply with these duties, it also provides some us ...

Consumer protection in the banking, insurance and financial sector
Insight 10 Mar 2017

The Senate Economics References Committee is conducting an inquiry into the regulatory framework for the protection of consumers in the banking insurance and financial services sector ...

CIPRs - some interesting findings
Insight 05 May 2017

We recently hosted some workshops in Sydney and Melbourne to discuss the proposed CIPR framework The outcomes of those workshops were interesting - in some respects surprising - and this article provides a brief report ...

Allens advises financiers on Icon Group acquisition
News 25 May 2017

Allens has advised Credit Suisse AG and Goldman Sachs Australia as financiers of the acquisition of the Icon Group, Australia's largest private cancer and oncology services group. The acquisition, ...

Allens advises Pacific Hydro on global funding platform
News 22 May 2017

Allens has advised Pacific Hydro on the implementation of a new $670 million global funding platform to provide financing across a portfolio of renewable energy assets throughout Australia and Chil ...

Allens advises consortium on $9.05bn acquisition of Asciano
News 22 Mar 2016

Allens today announced that it is advising the consortium purchaser on the proposed acquisition of Asciano Limited for cash consideration of $9.05 billion by way of a scheme of arrangement. The ...

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