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Showing 111 - 120 of 328 results for %22Best Interest Duty%22

ASIC drags Evans Dixon to court

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
... pushing down shares over 12% by noon. ASIC is alleging a Dixon Advisory representative failed to look after client's best interest, individual circumstances and potential conflict of interest while putting their money in the troubled US Masters Residential ...

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... risk-adjusted returns to our members. As such, active ownership is entirely consistent with HESTA's fiduciary duty to act in the best interests of our members."

FSC calls for scaled advice model

ALLY SELBY  |  TUESDAY, 11 AUG 2020
... manage their financial affairs. The advice provided under this model would also continue to operate within the best interest duty and would be free of conflicted remuneration, the FSC said. FSC chief executive Sally Loane said the industry body's recommendations ...

Calls for broad default life insurance system

ELIZA BAVIN  |  MONDAY, 27 JUL 2020
... and regulators should strive for the equity of access commissions can bring, while recognizing the explicit best interest duty and well-resourced regulatory infrastructure. "Without a balanced regulatory approach, more Australians will find themselves ...

Netwealth launches Milliman managed accounts

ANNABELLE DICKSON  |  FRIDAY, 24 JUL 2020
... raft of challenges, as the industry undergoes significant adjustments and regulatory requirements such as the Best Interest Duty were resulting in a greater focus on the fees and benefits of investment solutions for clients. "SmartShield has armed advisers ...

Trust in advisers wanes

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
... adviser always acts in their best interests, leading CFA Societies Australia to call for a strengthening of the best interest duty. A global investor survey, conducted at the back end of last year by the CFA Institute, shows Australia rank sixth out ...

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
... "We are very pleased to offer a highly-competitive new fee structure, which assists advisers to meet their 'best interest duty' and provides a more attractive entry point to end investor. "As the industry transitions away from legacy systems and processes ...

Industry bodies work to ease regulatory burdens

ELIZABETH MCARTHUR  |  FRIDAY, 3 APR 2020
... financial advice as quickly and efficiently as possible," Marshan said. "We have been asking for some certainty from ASIC around best interests duty and the Code of Ethics to ensure you can scope the advice quickly and efficiently for the client to deal ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... doesn't have to be a choice between consumer protection and relief. "Even if there was relief, advisers always have a best interests duty obligation to their clients - that is paramount, it's a great protection for clients and it would still ...

HUB24 hires managed portfolios lead

HARRISON WORLEY  |  TUESDAY, 3 MAR 2020
... structural and regulatory adjustment," Matterson said. "At the same time, regulatory requirements such as the best interest duty are resulting in a greater focus on the fees and benefits of investment solutions for clients. "We've designed the SmartShield ...