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Showing 11 - 20 of 686 results for %22Interests First%22

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
... looking to merge given its record of decent performance. The fund said that it was deemed to be in members' best interests for three main reasons. The first, its inability to compete with larger operators. "The largest super funds now have memberships ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... integration into Future Group a natural fit, further reinforcing both funds' dedication to benefiting members' best interests while investing for a sustainable and equitable future." The deal is also expected to strengthen the group's gender ...

LGT Crestone offers exclusive access to the Princely family fund

CHLOE WALKER  |  MONDAY, 27 NOV 2023
... in the Princely Strategy alongside the Princely Family, a co-investment approach that provides a unique alignment of interests between our clients and LGT Crestone's owner, LGT," LGT Crestone chief executive Michael Chisolm said. "This is a compelling ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... lodging an appeal in September. At the time, The Advisers Association chief executive Neil Macdonald said that, "in the interests of AMP, its shareholders, and past and current AMP-licensed members of TAA, the matter should be resolved as quickly as ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... price of $1.16 but was ultimately declined by Praemium's board, citing undervaluation and non-alignment with shareholder interests. Praemium's share price was 0.36 cents at the time of writing, a 37% drop since Wamsteker's shareholder address.

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
... exclusion of any changes to the provision of Statements of Advice (SoAs) and the removal of Safe Harbour Steps from the Best Interests Duty and raised concerns that these recommendations may no longer be adopted. However, Jones assured delegates these ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... cohorts on a net per practice and per adviser basis. "Additionally, it includes a variable fee component, aligning our interests in helping practices grow their own revenue and profitability, which is our core focus at a time of unprecedented opportunity ...

Robo-adviser reaches US$50bn milestone

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... relentless focus on creating value for our clients and our commitment to building a profitable company that puts clients' interests above our bottom line," said Fortunato. The local robo-advice and fintech industries, meanwhile, look to be grappling ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... ASX, COG also reinforced its core strategy, which has two key components. It said the first area of focus is to own interests in businesses that distribute financial services. Such as, asset finance broking, novated leasing, and insurance broking. Additionally ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... to reduce administrative burdens of financial advisers but is missing key pieces, such as the elimination of the Best Interests Duty and the overhaul of the Statement of Advice (SoA). Released today, the proposed legislation is the first tranche of the ...