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Showing 181 - 190 of 460 results for "Conflicts of interest"

Equity Trustees acquires superannuation trustee

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
... growing demand in the superannuation sector to establish structural independence and reduce the possibility of conflicts of interest via use of an independent external trustee." EQT Holdings' interim results for December 2018 saw revenue increase ...

Grandfathered commissions ban splits industry: Poll

KARREN VERGARA  |  MONDAY, 25 FEB 2019
... said that there is no justification for grandfathering provisions in an industry that is trying to remove conflicts of interest in remuneration. "I would bring the grandfathering arrangements made at the time of the Future of Financial Advice (FoFA) ...

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... which forms a significant part of AMP's business - would continue to operate for customers. He added the conflicts of interest it brought to the table did need more effective management however. "The Royal Commission's final report will be a turning ...

Hayne stops short of dismantling vertical integration

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... to the industry and the financial services industry more broadly. This is despite Hayne recognising that conflicts of interest would likely be reduced by separating AFSL holders authorised to issue financial products and AFSL holders authorised to give ...

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... Super Australia has criticised the banking Royal Commission final report for falling short of addressing conflicts of interest. Industry Super Australia said the structure of the industry and other profit-to-member super funds has avoided such conflicts ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... what wasn't already broken before, today the RC has taken to with a baseball bat. Super fund trustee conflicts of interest will be handled by laws tightened to ensure trustees will be expected to do their job of looking out for members and nothing ...

Grandfathered commissions to be banned

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... report, saying there is no justification for grandfathering provisions in an industry that is trying to remove conflicts of interest in remuneration. "I would bring the grandfathering arrangements made at the time of the Future of Financial Advice (FoFA) ...

Managed accounts not immune to Royal Commission

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... urges financial advisers not to be "naive" in thinking that managed accounts are not subject to the same conflicts of interest as larger institutions. Commissioner Kenneth Hayne lambasted the prevalence of conflicts of interest in the interim report. ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... governance rule changes that made it clear the right mix of knowledge, skills and experience, and managing conflicts of interest was more important than the number of independent directors. Trustees should be required to have, use and disclose a process ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... Kelaher and chair George Vernardos. The regulator sought to achieve significant changes to the management of conflicts of interest in IOOF's investment management arm IIML, which were dismissed at the Royal Commission by its executives. NAB compensation ...