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Showing 151 - 153 of 153 results for "Interest Duty"

Minister faces down advisers over opt-in, risk

ALISON BEVEGE  |  TUESDAY, 28 JUN 2011
... superannuation. On superannuation risk commissions, Minister Shorten reminded advisers they were bound by the best-interest duty, and said the absence of commissions would not prevent best advice being given. "If the swing point of whether or not advice ...

Super funds praise reforms

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
... relevant financial advice to consumers." Other topics that pleased super fund bodies were the clarification of the best-interest duty governing advisors and the protection of super fund access to volume discounts despite the banning of volume payments. ...

Licensee tests offer planners protection

MATT WOODINGTON  |  THURSDAY, 28 APR 2011
... one of its recommendations included in the FOFA reforms package was "...consideration of the extent of the best interest duty applying to the providing entity (licensee). "Both licensees and the adviser will be captured by the same best interest test. ...