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Showing 111 - 120 of 460 results for "Conflicts of interest"

ASIC issues warning to finfluencer sponsors

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
... from multiple sources simultaneously, and income from content clicks or views, which could give rise to conflicts of interest or result in advice that's not in consumers' best interests, she said. "If you enter into an arrangement with someone ...

Unlisted asset valuation processes largely inadequate: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 27 OCT 2021
... where the committee had the ability to determine or influence decisions, introducing a clear potential for conflicts of interest. " Prudential Practice Guide SPG 531 Valuation makes clear that valuation decisions and committees should occur independently ...

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
... switching by super fund executives during market volatility at the start of the pandemic, finding possible conflicts of interest. ASIC looked at a sample of 23 trustees (including trustees of industry and retail funds) and focused on conduct during the ...

Government-run super would leave members worse off: ISA

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... their hands off your retirement savings, reveals that said fund could be prone to political interference and conflicts of interest. The Productivity Commission found internationally government-run super funds invest conservatively as few governments ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... are vertically integrated or have a financial relationship with fund managers pose a potential risk for conflicts of interest, particularly in relation to costs and managed accounts, new research shows. New research conducted by Deloitte Access Economics ...

Funds valued illiquid asset correctly: ASIC

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... to obtain and rely on external valuations," ASIC said. "The REs also had adequate arrangements to manage conflicts of interest associated with valuations, and appropriately revalued illiquid assets downwards and upwards as appropriate." The review of ...

Be ready for negative rates: APRA to ADIs

JAMIE WILLIAMSON  |  MONDAY, 12 JUL 2021
... manage them. ADIs should also consider any relevant conduct related issues, including the potential for conflicts of interest, fair treatment of clients, and asymmetry of information." In developing the expectation, APRA took into account industry feedback ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... financial advisers or advice licensees that services have been provided has limitations due to the potential for conflicts of interest, so cannot in all circumstances be relied upon." Further, the regulators want trustees and advisers to have arrangements ...

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... the organisation, sub-optimal board compositions including the lack of specific trustee capabilities, and conflicts of interest." She added that APRA looks at 10 dimensions when it comes to risk culture: leadership, risk appetite and strategy, decision ...

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
... system was in place to prevent this from happening, and failed to ensure that a system was in place to manage conflicts of interest between the AMP companies' interests and members' interests. This, despite super members paying administration ...