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Showing 351 - 360 of 460 results for "Conflicts of interest"

Legalsuper calls for default funds review

ELISE BURGESS  |  TUESDAY, 5 JUL 2011
Legalsuper is asking the Federal Government to review regulations around default funds, claiming conflicts of interest and poor performing funds are hurting the industry. According to the $1.5 billion fund, around 80% of Australians accept their employer's ...

ASIC forces iPlan to hire compliance expert

MATT WOODINGTON  |  THURSDAY, 9 JUN 2011
... terms of its revised licence iPlan must appoint an independent compliance expert to review how it manages conflicts of interest. It must also undertake further communication with its clients about how it manages conflicts of interests, having been found ...

Timbercorp trio face the music

ALISON BEVEGE  |  MONDAY, 23 MAY 2011
... against them in 2009 by more than 2000 investors in the Supreme Court. The investors have made allegations of conflicts of interest, breaches of directors' duties, misleading conduct and other violations of the Corporations Act following the collapse ...

Planners risk trouble opposing FOFA

ALISON BEVEGE  |  FRIDAY, 20 MAY 2011
... to comments by Jenni Mack, chairwoman of consumer group Choice, who has argued that consumers loath the conflicts of interest created by commissions, volume payments and vertical integration where product makers own dealer groups and advisory firms. ...

Less conflict, more interest: FOFA

MICHELLE BALTAZAR  |  THURSDAY, 28 APR 2011
... the industry's credibility, marred by the financial collapses of Storm, Trio and Westpoint. "Eliminating conflicts of interest is not an anti-business concept, eliminating perceived conflicts of interest is not about red tape, it's about building confidence ...

Planners needle minister over FOFA

ALISON BEVEGE  |  THURSDAY, 14 APR 2011
... licensing requirements and disclosure - principles that FOFA improved on. "We no longer accept that disclosing conflicts of interest is an appropriate way to address the fact that advice can be distorted by incentives," he said. "We also believe we need ...

Flare up over MoneySmart

ELISE BURGESS  |  THURSDAY, 17 MAR 2011
... fee, rather than a 'percentage of assets' fee, will provide consumers with greater certainty and reduce conflicts of interest for the adviser. REST Industry Super has taken the recommendation one step further by asking consumers to request an upfront ...

Related party asset exposures pose conflict: report

RUTH LIEW  |  THURSDAY, 20 JAN 2011
... significant asset exposures of super funds, with some obvious, and not so obvious, findings on where potential conflicts of interest could arise. According to the report, retail super funds invest the most money with their own or affiliated managers ...

Pay performance fees only, says $220b fund

JOHN MCDULING  |  TUESDAY, 14 DEC 2010
... greater emphasis on performance. But CalPERS' ire has not only been reserved for investment managers with the conflicts of interest in asset consulting also set to come under increased scrutiny. The pension fund's board of administration has recommended ...

Dob in a fraud: CalPERS

RUTH LIEW  |  THURSDAY, 16 SEP 2010
Notice a fraud activity at your super fund? Members of the US' largest public pension fund CalPERS can now complain about fraudsters following the launch of an ethics helpline. The helpline will enable the pension fund to receive tips, concerns and ...