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Showing 1 - 10 of 686 results for %22Interests First%22

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... sustainable levels, ensuring we have the skills we need for the future and, ultimately, make sure the system is working in the interests of all Australians." The review suggested considering whether the BIIP should be retained as a substantial program. ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... reforms. ASFA research indicates that the implementation of the Protecting Your Super (PYS) and Putting Members Interests First (PMIF) policies have contributed to a substantial reduction in superannuation insurance coverage for death benefits; a 36% ...

US family office launches Australian arm

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
... asset management firm Giles Wade. To date, Asena said it has almost exclusively targeted an Australian audience with interests in the US. Now, it aims to create a globally integrated approach, offering clients the opportunity to establish an investment ...

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... employees of the Iress platform business and we are delighted to have reached an agreement today which is in the best interests of all parties."

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
... continue investing in the underperforming option in one way or another. Eleven files demonstrated breaches of the best interests duty and appropriate advice obligation, primarily in relation to the underperforming product, including no explanation as ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... defend the action in the Federal Court. "As a profit-to-member fund, Rest has at all times focussed on the best financial interests of members," the spokesperson said. "Rest's group insurance cover is and has always been designed to meet the needs of ...

Aussies want control of nest eggs: FSC

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... more transparent (35%), allowing access to superannuation for genuine emergencies (32%), putting members' interests first (25%), and reforming the tax settings to make them sustainable and fair (24%).

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... rounds of tank ammunition. "The United States is committed to the security of Israel, and it is vital to US national interests to ensure Israel is able to defend itself against the threats it faces," the State Department said in the article. Many super ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... supporting a union or employer group, Bragg insisted on a stringent financial rationale that aligns with members' best interests. "...some of the smallest funds are making the biggest payments for so-called directors fees and for services rendered. ...

Adviser with Investport links sees ban affirmed

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
A financial adviser who failed to act in her clients' best interests by recommending they invest in the Investport scheme she was receiving loans from has seen her two-year ban affirmed by an appeals tribunal. Pamela Anderson was a financial adviser ...
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