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Showing 261 - 270 of 460 results for "Conflicts of interest"

Super fund governance bill enters final debate

DARREN SNYDER  |  MONDAY, 30 NOV 2015
... legislation before parliament rises this year. "Independent directors will strengthen governance and manage conflicts of interest in all superannuation funds ? retail, industry or corporate," Loane said. "This is moderate sensible policy which has been ...

UK regulator targets conflicts in investment consulting

MARK SMITH  |  WEDNESDAY, 25 NOV 2015
... firing line as the UK's financial regulator, the Financial Conduct Authority (FCA), sets competition and conflicts of interest within the asset management industry in its sights. The heads of the UK's largest pension funds have called for stricter oversights ...

Government releases final risk reforms package

ALEX BURKE  |  MONDAY, 9 NOV 2015
... look forward to the industry stepping up to the plate to ensure that one of the industry's most pervasive conflicts of interest is properly dealt with by requiring vertically integrated companies to list all APRA-regulated life insurers on their Approved ...

ASIC sets up special robo-advice taskforce

LAURA MILLAN  |  FRIDAY, 6 NOV 2015
... service to consumers," allows for improved compliance and record keeping and has the potential to reduce conflicts of interest. However, Medcraft said: "We need to understand the risks and issues that underlie robo-advice. "We are discussing these issues ...

Retail funds cheer super board governance bill

LAURA MILLAN  |  THURSDAY, 17 SEP 2015
Retail superannuation funds have welcomed the introduction in Parliament of the bill that seeks to mandate the presence of independent directors in boards. "With over $2 trillion currently sitting in the superannuation pool, good governance has never ...

Super board governance legislation introduced today

DARREN SNYDER  |  WEDNESDAY, 16 SEP 2015
... who can and can't sit on the boards of super funds. "Of the 10 proposed laws, not one addresses serious conflicts of interest in the profit-driven, vertically-integrated wealth management arms of the banks," the ISA statement said.

Super board changes ignore past lessons: Bowen

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
Federal Shadow Treasurer Chris Bowen believes proposed governance changes to superannuation fund boards ignore the lessons learnt from the HIH disaster. Speaking at the Financial Services Council annual conference, Bowen quoted Justice Neville Owen ...

NZ looks to Trowbridge for life reforms

ALEX BURKE  |  TUESDAY, 28 JUL 2015
... adviser for the project. Consulting actuaries Melville Jessup Weaver (MJW) have been selected to investigate conflicts of interest in life and income protection insurance advice and make subsequent recommendations. According to New Zealand's FSC chief ...

Trowbridge salutes risk reforms package

ALEX BURKE  |  FRIDAY, 26 JUN 2015
... to "initiate the cultural changes needed." "The challenge is to strengthen the quality of advice, reduce conflicts of interest, offer improved value and services to consumers and extend the coverage of worthwhile life insurance protection across the ...

Super funds clash on board independence

DARREN SNYDER  |  FRIDAY, 26 JUN 2015
Both retail and industry superannuation funds have mixed responses to a federal government proposal that would see an increase of independent directors on fund boards. BT Financial Group believes increasing the number of independent directors will create ...