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Showing 2231 - 2240 of 10367 results for "Trust"

Still work to do on QAR: Levy

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
Michelle Levy recounted hearing feedback on the Quality of Advice Review (QAR) for the first time to a panel comprising Association of Financial Advisers chief executive Phil Anderson, Financial Planning Association of Australia chief executive Sarah ...

Burgeoning challenges of the advice industry: Padua

ANDREW MCKEAN  |  THURSDAY, 22 SEP 2022
... current hurdle for the advice industry, although she added that it's a positive story. "Although Australians still don't trust advisers as much as we'd like them to do, we're moving in the right direction," Esler said. The global average of trust in ...

Current legislation "wrong way around": Levy

CASSANDRA BALDINI  |  THURSDAY, 22 SEP 2022
Quality of Advice Review chair Michelle Levy believes providing financial advice with a focus on best interests duty and duty of priority is doing things the wrong way. Commenting on her proposal to replace the best interests duty and duty of priority ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
Five AMP companies will pay $14.5 million for charging close to 1500 superannuation members fees for no service over the course of about three years. The Federal Court handed the fine to AMP Superannuation, AMP Financial Planning, Charter Financial ...

Research explores advice industry's maturation

ANDREW MCKEAN  |  TUESDAY, 20 SEP 2022
... advisers acknowledged that they hold professional authority derived from a dependent relationship, industry knowledge and trust due to complexity. According to ASIC, over the past decade, levels of consumer trust in advisers have experienced a steady ...

Dixon Advisory pays $7m for poor advice

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... Residential Property Fund and URF-related products. The conduct took place between October 2015 and May 2019. The URF is a unit trust and a registered managed investment scheme that sought to take advantage of the significant drop in house prices in ...

Inconsistencies across RIC strategies: Mercer

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
Mercer analysis of publicly available retirement income strategy summaries shows a great disparity between super funds' approaches. Under the requirements of the Retirement Income Covenant, trustees set out how they'll help members with their retirement ...

Apex Group wins Laguna Bay mandate

CHLOE WALKER  |  FRIDAY, 16 SEP 2022
... Australia, New Forests' Tropical Asia Forest Fund 2, Federation Asset Management's Sustainable Australian Real Asset Trust and INVL Asset Management's Sustainable Timberland and Farmland Fund II. Just this week Apex Group announced it had ...

Continuity an increasing focus for family offices: Survey

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
Citi Private Bank has highlighted the increasing focus on family unity and continuity in its 2022 Family Office Survey. According to the survey, the primary focus of family offices across the globe delineates two main types - those centred mainly on ...

Blue Orbit signs distribution deal

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
Hillcrest Strategic Partners will now distribute the Blue Orbit Asset Management Global Small Cap Systematic Alpha Fund. According to Blue Orbit, the agreement follows a comprehensive process to expand its distribution capabilities. "Hillcrest's ...