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Showing 1281 - 1290 of 8516 results for "BEST"

King's birthday honours for industry executives

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
High-profile Australian financial services leaders have been recognised in the King's Birthday honours list, with several receiving an Order of Australia. This year, former Macquarie managing director and Financial Regulator Assessment Authority ...

UBS completes landmark Credit Suisse acquisition

ANDREW MCKEAN  |  TUESDAY, 13 JUN 2023
... UBS Group chair Colm Kelleher. "As we start to operate the consolidated banking group, we'll continue to be guided by the best interests of all our stakeholders, including investors. Our top priority remains the same: to serve our clients with excellence." ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... "Some rules that were intended to protect consumers have instead materialised as unnecessary and unused documentation at best. Sadly though, some of these rules have led to consumer harm as advisers seek to protect themselves from their clients," he ...

Hostplus closes infrastructure, property options

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2023
... invested in the property option to transfer their savings into the conservative balanced option, while the balanced option best aligns with the infrastructure option, it said. In making the decision, Hostplus said it "has considered factors including ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... fully or in principle. Eliminating many bugbears for financial advisers, the Safe Harbour Steps will be removed from the Best Interest Duty. Consultations remain so as to determine the implementation details and the implications of adopting the remaining ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... alternative transaction such as a merger with any other mid-tier bank, and why the proposed transaction with ANZ is in the best interests of our customers, shareholders, employees and communities," Johnston said. Johnston emphasised that the proposed ...

Vanguard reduces fees on VAS

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
... Vanguard we regularly assess our product offer against our commitment to deliver low-cost, high-quality products that are best in class," it said. At the end of May, VAS returned 8.02% p.a. on a 10-year period. "We aim to continue to enhance our product ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... this matter closely," a Rest spokesperson said. "All decisions related to our external suppliers are made according to the best financial interests of our members, and in line with our Supplier Code of Conduct. Our Supplier Code of Conduct sets out our ...

FSC updates TMD template for fund managers

ANDREW MCKEAN  |  THURSDAY, 8 JUN 2023
... The Financial Services Council (FSC) released an updated template Target Market Determination (TMD) to promote regulatory best practice in the funds management industry. This follows ASIC's recent regulatory action against Spaceship and Mitrade Global ...

Ignition Advice appoints Sally Loane as chair

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
... recognised through several global industry awards. I thank Peter for his dedication and leadership and wish him all the very best in his future endeavours," he said. Commenting on her appointment Loane said she is looking forward to working with the ...