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Conflicts of interest and the duty to manage them
Insight 09 Aug 2016

The Corporations Act 2001 Cth was amended in 2004 to include an additional obligation for Australian financial services licensees to have in place adequate arrangements for the management of conflicts of interest that may arise in relation to the activities undertaken by the licensees in the ...

Innovative Superannuation Income Streams - at last
Insight 21 Mar 2017

Earlier today Treasury released exposure draft regulations for Innovative Superannuation Income Streams They set out income stream standards that will be relevant for products such as deferred annuities and group self-annuitised products The Allens Superannuation team reports ...

Royal Commission: Round 2 - experiences with financial advice
Insight 02 Oct 2018

Although the Commissioner says that the Royal Commission is part of the executive and not the judiciary and that he is therefore not able to make any findings of law he comes pretty close in his views in response to Round 2 And in some important respects those views do not correspond with ...

Efficiently, honestly and fairly - overarching and fundamental obligations?
Insight 11 Oct 2018

In his recent Interim Report into Misconduct in the Banking Superannuation and Financial Services Industry Commissioner Hayne makes a lot of the duties of an Australian financial services licensee and an Australian credit licensee to provide financial services or credit activities as the case may be ...

Allens advises Brambles on specialist containers acquisition
News 15 Sep 2014

International law firm Allens has advised global supply chain logistics company Brambles Limited on its acquisition of the Ferguson Group for an enterprise value of £320 million (US$545 million). ...

Investa Land business attracts foreign investor
News 17 Nov 2015

Allens has acted for Morgan Stanley Real Estate Investing and Investa Property Group on the sale of the Investa Land business to Proprium Capital Partners. The deal comprises 11 residential and ...

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 acts on big deal for smallgoods
News 27 Nov 2014

Allens has advised food processing company JBS Australia Pty Limited on its $1.45 billion purchase of leading Australian smallgoods manufacturer Primo Foods. The acquisition is an important strateg ...

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 Archer Capital on sale of Healthe Care
News 08 Dec 2015

Allens has advised Archer Capital on its proposed divestment of private hospital business Healthe Care to China's Luye Medical Group. Healthe Care is Australia's third largest private hospital ...

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