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Showing 141 - 150 of 460 results for "Conflicts of interest"

CalPERS scrutinises CIO personal investments

KARREN VERGARA  |  THURSDAY, 17 SEP 2020
... tighter rules that will scrutinise and ultimately dispose the investments chief's personal holdings should conflicts of interest arise. The board of CalPERS is set to introduce additional requirements that will force future chief investment officers ...

Advice firm awarded international certification

ELIZABETH MCARTHUR  |  MONDAY, 10 AUG 2020
... industry's best fiduciary practices. These include always putting clients' best interests first, managing conflicts of interest and acting at all times in a prudent and professional manner with a commitment to ethical behavior. "There is such disparity ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
At a hearing of the House of Representatives Standing Committee on Economics that was supposed to focus on ME Bank's recent troubles, the super funds performing poorly in terms of early release copped surprise criticism. APRA had advised that early ...

APRA urged to probe industry funds

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest. Wilson, who chairs the House of Representatives' Standing Economics Committee, referenced a report from research and ratings ...

Platform cancels top 50 funds list

ELIZABETH MCARTHUR  |  TUESDAY, 5 MAY 2020
... platform's decision to axe the top 50 list, in February the FCA wrote to chief executives of platforms about conflicts of interest. "Firms operating Best Buy lists must construct them impartially and manage conflicts e.g. preference for funds offering ...

Australian fund regulation below average: Morningstar

ALLY SELBY  |  TUESDAY, 28 APR 2020
... investment and effective regulation of funds that promotes transparency and limits misleading statements and conflicts of interest," he said. "We found that regulators in the US and Canada are generally running efficient systems. "However, the pace of ...

Risk advisers under fire

ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
... that while adviser-sold policies are often marketed as a bespoke product, too often they are compromised by conflicts of interest, including insurers paying trailing commissions that result in poor product selection and claim disputes caused by underwriting ...

Gardior adds board directors

JAMIE WILLIAMSON  |  TUESDAY, 14 JAN 2020
... mandate after Gardior showed Hastings Funds Management the door. Lette in particular was concerned with the conflicts of interest involved in appointing MIRA, specifically in relation to one of TIF's largest assets - the Port of Newcastle. At the time ...

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... demonstrate how its fundamental relationships had shifted since the Royal Commission as AMP attempted to remove conflicts of interest from the business. The new plan comes just months after AMP combined its Australian wealth management business with ...

SMSF adviser hit with ban

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... recommended but the investment manager of Bateau Global Opportunities Fund. He failed to disclose those conflicts of interest in statements of advice to clients. The ASIC Financial Adviser Register shows Blazejczyk is a member of the SMSF Association ...