Search Results | Showing 1 - 10 of 131 results for "Best Interest Duty" |
| | | ... retail investor as it had less than $10 million in assets and therefore entitled to the protections of the best interest duty. The complainant also argued that personal financial advice was provided and that the advice was inappropriate. "The financial ... |
| | | | ... Colonial First State (CFS), the new offering was designed in response to feedback from advisers, helping them meet Best Interest Duty obligations through low-cost and flexible solutions. "The Accelerate Series delivers a full-service managed account ... |
| | | | ... demographic in 2018, largely due to the complex regulatory environment and the difficulty of complying with Best Interest Duty obligations and how costly it was to do so, JBWere Australia chief executive Maria Lykouras told yesterday's AFR event. ... |
| | | | ... it would have no impact, 10% saw it as a negative, and 15% weren't sure. On the hotly debated shift from best interest duty to good advice duty, 47% felt it was a positive, while 32% concluded it would have no impact, 6% said it was a negative, and ... |
| | | | ... The Accelerate Series has been designed in response to feedback from financial advisers, helping them meet best interest duty obligations through low-cost and flexible solutions. "The Accelerate Series is a game-changer," CFS group executive, distribution ... |
| | | | ... products. SuitabilityHub provides all advisers digitised software that can bring a more holistic approach to the Best Interest Duty by looing looks at clients' needs and values that goes beyond fees," he said. The first step for an adviser is to ... |
| | | | ... 9-11%, they said. "We recognise that the Safe Harbour Steps helps guide appropriate advice in line with the best interest duty," Pham said. "However, advisers that truly show their value, deliver great service and advice, go beyond merely completing ... |
| | | | ... consumers make decisions about whether to invest in these products and who themselves are subject to stringent best interest duty requirements." The wealth management firm is concerned that for many wrap products, the test would not be completed based ... |
| | | | ... principle. Eliminating many bugbears for financial advisers, the Safe Harbour Steps will be removed from the Best Interest Duty. Consultations remain so as to determine the implementation details and the implications of adopting the remaining parts of ... |
| | | | ... good for consumers and a different solution needs to be found," he added. Finally, he said, redefining the Best Interest Duty (BID) and removing Safe Harbour steps should also be prioritised. The original QAR proposal suggested removing the legislated ... |
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