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Showing 2901 - 2910 of 14210 results for "Interest"

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... are vertically integrated or have a financial relationship with fund managers pose a potential risk for conflicts of interest, particularly in relation to costs and managed accounts, new research shows. New research conducted by Deloitte Access Economics ...

Aware Super builds out affordable housing

ANNABELLE DICKSON  |  THURSDAY, 23 SEP 2021
... stock to underwriting shovel ready projects to now building and developing units ourselves." The fund already has an interest in the build-to-rent sector. The new site takes its commitment to essential worker affordable housing to nearly $1 billion. ...

IDII pitfalls advisers should avoid

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... for newer products with higher premiums and less features or benefits. First and foremost, Cameron said that the best interest duty must be front of mind in this context. "Advisers need to make reasonable inquiries into the client's relevant circumstances ...

Why advisers must understand Retirement Income Covenant

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 SEP 2021
Challenger chair, retirement income Jeremy Cooper presented to the AFA conference, discussing the new Retirement Income Covenant and how it will impact advisers. While the Retirement Income Covenant does not apply any new obligations to financial advisers ...

APRA to mandate independent certifications

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
Prudential regulator APRA plans to go ahead with mandating independent certifications within group insurance as recommended by the financial services Royal Commission. In a letter to registrable superannuation entity licensees, APRA clarified its position ...

Higher premiums a problem, not a trend: AFA

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
... I'm seeing these sort of price rises'. It is a poor outcome." Clark referred to increased claims experience and lower interest rates as the biggest influences on higher premiums. "I think the intervention that APRA has made and the changes that industry ...

Montreal Exchange extends trading hours

JAMIE WILLIAMSON  |  TUESDAY, 21 SEP 2021
... exchange said it comes on the back of increasing global demand for Canadian derivatives and, in part, to facilitate strong interest from local super funds. "In keeping with the trend of global capital flows, pension funds in Asia have significantly increased ...

BlackRock warns against reforms based on assumptions

JAMIE WILLIAMSON  |  TUESDAY, 21 SEP 2021
... quality and innovation." It said company managers are also unlikely to have any incentive to prioritise the perceived interest of a minority of common shareholders over the majority of non-common owners. "For both fund managers and company managers ...

Hume puts finfluencer followers on notice

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... information to know that the influencer is not an accredited adviser, and not to assume that they will act in their best interest, and interest and give them unconflicted advice." Hume said that while she doesn't want to prevent people from being ...

New super fund prepares for launch

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
Tomorrow Super is readying itself for a $5 million pre-IPO funding round, with the promise of a financial adviser friendly superannuation solution. Crescent Wealth has acquired an 8% stake in Tomorrow Super and has become the firm's maiden white label ...