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Comments invited on proposed retirement income product disclosure
Insight 20 Dec 2018

Treasury has released a consultation paper on a new proposed simple standardised product disclosure document as part of the Federal Governments framework for Comprehensive Income Products for Retirement ...

The ins and out (goings) of responsible lending
Insight 13 Nov 2018

Very broadly speaking current legislation relating to responsible lending says that a person must not recommend or make an unsuitable loan to a consumer - an unsuitable loan being one that either does not meet the consumers requirements and objectives or imposes repayment obligations that they are ...

Productivity Commission kicks off inquiry into superannuation
Insight 17 Mar 2016

The Productivity Commission has released an issues paper inviting submissions on the criteria that should be used to assess the efficiency and competitiveness of Australias superannuation system This will be of interest not only to superannuation trustees but also to service providers including fund ...

Allens insights: Brave new world where financial advisers work in sales
Insight 20 Aug 2014

The Senate Economics Committees Report into ASICs performance is an interesting read It opens by calling ASIC a timid hesitant regulator too ready and willing to accept uncritically the assurances of a large institution And continues in a similar vein for almost 500 pages ASIC says it does the best ...

Providing digital financial product advice to retail clients
Insight 05 Apr 2016

ASIC is consulting on a new regulatory guide for providers of digital financial product advice or robo-advice The regulatory guide is intended to help new entrants and existing Australian financial services licence holders For new entrants and licensees needing a reminder there is a nice summary of ...

Allens acts for GIC on student accommodation purchase
News 03 Mar 2014

Allens has acted for Singapore-based sovereign wealth fund GIC on the establishment of its joint venture with Macquarie for the purchase of an interest in specialist student accommodation developer ...

Linklaters and Allens advise Bank of China Sydney on landmark Renminbi deal
News 19 May 2014

Alliance partners Linklaters and Allens have acted for Bank of China Limited, Sydney Branch on its CNY 2 billion note offering which was completed on 16 April 2014. This transaction marks the first ...

Allens advises the lenders on $925 million refinancing of Growthpoint Properties
News 01 Oct 2014

Allens has acted for the syndicate lenders in connection with the refinance and restructure of ASX-listed Growthpoint Properties' A$925 million syndicated bank debt facilities. The deal was led by ...

Allens advises on first construction contract for WestConnex project
News 09 Dec 2014

Allens has advised WestConnex Delivery Authority on the first construction contract for the WestConnex road project, being the widening of Sydney's M4 motorway. Under the contract, signed last week ...

Allens tops syndicated loans tables
News 22 Jan 2015

Allens has been ranked the number one legal adviser in the Asia-Pacific for syndicated loans in 2014, according to the latest Bloomberg league tables. Across the Bloomberg Asia-Pacific (excluding ...

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