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BLB NEWSLETTERS | BUSINESS LAW BRIEF
LATEST ISSUE - BLB NEWSLETTER - MARCH 2010
BUSINESS LAW
TAX AGENT SERVICES REGIME
With the introduction of the Tax Agent Services Act 2009 (TASA) on 1 March 2010, registered tax and BAS agents should ensure they understand and comply with the Code of Professional Conduct and the ‘safe harbour’ provisions set out in the new laws.
FINANCIAL SERVICES
DOES THE BERRY CASE TOLL THE DEATH OF COMMISSIONS?
The recent decision by the NSW Supreme Court in the Berry Case, that the licensee controls the payment of trail commissions, may have the effect of adding yet another nail in the coffin of commissions as an appropriate payment model for financial planners, particularly if the law is changed to codify the fiduciary duty that ASIC recommended to the Ripoll Inquiry.
SUPERANNUATION
SMSF QUICK NEWS
A brief overview of updates occuring in the world of SMSF's.
ESTATE PLANNING
DO GRANDPARENTS NEED TO PROTECT THEIR GRANDKIDS’ INHERITANCE?
Being an estate planning lawyer means very often having to ask the hard questions – questions about their family that can make people a little uncomfortable. I had to ask one of those the other day.
DISPUTE MANAGEMENT
ENFORCEMENT OF RESTRAINTS OF TRADE AND POST-EMPLOYMENT
Embedded in many employment agreements and sale of business agreements is a restraint on the employee or vendor of the business. The Supreme Court has recently considered the enforceability of a post-termination restraint in regard to a solicitor leaving a country law firm. In this case the court upheld the validity of the restraint.
LIFE’S TOO SERIOUS
MEMORABLE QUOTE
A memorable quote
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