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| | | ... financial advice by 9-11%, they said. "We recognise that the Safe Harbour Steps helps guide appropriate advice in line with the best interest duty," Pham said. "However, advisers that truly show their value, deliver great service and advice, go beyond ... |
| | | | ... due care to review aberrant orders. It said that having DTRs manually review such a large volume of trades per day "is not best industry practice." In March, Sequoia Financial Group offloaded 80% of its stake in Morrison to New Quantum Holdings. At the ... |
| | | | ... property partner for customers and a true employer of choice, supported by a high performing team who are empowered to do their best work and build better, more sustainable futures for our investors, customers and communities," he said. Meanwhile, ISPT ... |
| | | | ... (6). Among the non-aligned AFSLs, Personal Asset Services received 63 complaints for the period. A little-known firm called Best Leader Markets which operates derivatives, forex margin trading and CFDs, received 614 complaints between July and December ... |
| | | | ... determine how and what to charge members for advice. And he said ASFA won't be offering guidance to its member funds on best practice. "We don't play a role in terms of setting prices for funds, that is ultimately a matter for themselves. What ... |
| | | | ... Standard, Mercer said the change in distribution strategy follows a recent review of the products and was deemed to be in the best interests of investors. It also said the decision is not related to the stop orders issued by ASIC earlier this year in ... |
| | | | ... long shot with 12% p.a. Zurich's Global Thematic Share Fund and Unhedged Global Thematic Share Fund were some of the best performers, each achieving over 22% p.a. The other sectors - credit (2.9% p.a.), emerging market equities (2.6% p.a.), ESG (2.1% ... |
| | | | ... societal disruption. "We are grateful for the contribution Sam made to Schroders during this period and he leaves with our best wishes," it said. As Doyle transitions, Schroders' deputy head of multi-asset Australia Sebastian Mullins has been promoted ... |
| | | | ... stick to this plan," it said. Given their high volumes of holdings across a wide range of investment products, HVIs are the best diversified of all investor segments, with 85% of HVIs claiming to have diversified portfolios. The average number of products ... |
| | | | ... advisers who help consumers make decisions about whether to invest in these products and who themselves are subject to stringent best interest duty requirements." The wealth management firm is concerned that for many wrap products, the test would not ... |
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