After doing some more work in the new CC2017 version, I have figured out how to add a proper limiter using the 'MultiBandCompressor' track effect. This involves more steps than the now obsolete 'Dynamics' filter, but works.
In MultiBandCompressor, on the right hand side, there are limiter threshold, margin, attack and release options which work, so long as you enable the 'Brickwall Limiter' check box and the 'B' icon as well. Additionally you'll need to reset each of the compressor ratios and thresholds back to 0 / 1:1 so that there isn't any added compression if you're using this plugin only as a limiter.
It's still annoying how these track-based filters don't allow presets to be saved, copied or shared between tracks, sequences or projects. Often, there is a need to manually change settings on many multiple filters over and over again. It would be great to set up this MultiBandCompressor with all of the limiter settings and simply save the preset. Oh well.
I hope this helps!