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Showing 141 - 150 of 689 results for %22Interests First%22

Cannon-Brookes takes stake in Rabbitohs

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
... been the case since the re-structuring of the Rabbitohs in June 2006. Russell Crowe and James Packer also own one third interests in the Blackcourt stake of the Rabbitohs. The remaining 25% share is owned by the club's members and has preferential control ...

Super funds handed holdings disclosure win

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
... final approach strikes the balance of providing members greater investment transparency without harming their financial interests." "Revealing commercially sensitive asset valuations to the market would have put industry funds and their members at a ...

Test-induced movement marginal: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 10 NOV 2021
... soon as possible. "The trustees of APRA-regulated superannuation funds have a legal duty to act in the best financial interests of their members, and APRA is working hard to ensure they fulfil that obligation," APRA executive board member Margaret Cole ...

E&P Financial Group hit with class action

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... US Masters Residential Property Fund (URF). Piper Alderman claims that DASS representatives failed to act in the best interests of investors and put themselves first to "improperly use their position to gain advantage for themselves". The statement of ...

FASEA to reword Standard 3

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... advice, they have met the ethical values and standards contained in the code and to confirm that their client's interests are given priority and are not in conflict with any personal interest or other interests. FASEA is proposing three options to ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... advice was provided by authorised representatives promoting the Ultiqa Lifestyle Scheme did not meet consumers' best interests and circumstances. ASIC claims that some consumers did not seek advice regarding the scheme, and some were not aware they ...

CFS fined $20m over super misconduct

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... more than two years" and that "its contravening conduct involved, in effect, seeking to take advantage of members whose interests it was, as trustee of the fund, duty-bound to protect". The judge said CFS failed to inform members that it was required ...

AustralianSuper adds ACTU president to board

JAMIE WILLIAMSON  |  TUESDAY, 12 OCT 2021
... vast experience with member-based organisations and has a deep understanding of the importance of putting members' interests at the centre of the decision-making process," Russell said. Also commenting, O'Neil said she is looking forward to helping ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... available and financial advisers would be best placed to assess the fit of these products for their client's best interests." Industry consultees in the report were satisfied that the risks and conflicts are appropriately managed as MDA providers ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... that." When voting, Press said trustees must consider their investment policy around voting as well as the financial interests of their members. Overall, it falls on the circumstances of each trustee and that oversight over how super funds vote ultimately ...