Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 89 results for "Foremost"

Mercer recruits from Hostplus

CASSANDRA BALDINI  |  THURSDAY, 17 NOV 2022
... said Brouwer's strong track record in risk management will be invaluable to its strategic growth agenda. "First and foremost being the transition of BT Super into the Mercer Super Trust in early 2023, which will see us servicing over 850,000 members. ...

US state public pensions fragile: Report

ANDREW MCKEAN  |  TUESDAY, 11 OCT 2022
... half of its gains since 2021. This is the largest single year decline in funded ratio since the Great Recession. The foremost contributing factors to the current level of unfunded liabilities were underperforming investments, lower assumed rates of return ...

Industry funding model discussion commences

JAMIE WILLIAMSON  |  FRIDAY, 30 SEP 2022
... stakeholders to take part in the consultation process and share their views on possible changes to the funding model. Foremost, Treasury has provided three examples of ways in which the model could be simplified, all of which would involve substantial ...

Forrest family hires former ART portfolio manager

ELIZABETH FRY  |  FRIDAY, 8 JUL 2022
... investment hire for the Foundation and his appointment highlights a phase of more growth and specialisation. First and foremost, Tomlinson joined Minderoo to help grow and evolve its investment portfolio. It is Australia's second-largest philanthropic ...

Younger generations lead the SMSF surge: Vanguard

ANDREW MCKEAN  |  THURSDAY, 16 JUN 2022
... financial goals." The report illustrated that SMSFs cited rising interest rates, inflation and market volatility as the foremost factors likely to influence their investment decisions in the next 12 months. Though Gopal prescribed that investors stay ...

Good isn't good enough for the super system: Byres

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
At the FINSIA 'The Regulators' event, APRA chair Wayne Byres has detailed the regulator's foremost superannuation priorities. Australia's superannuation system is the envy of the world, but Byres said it could be better. Having initially praised the ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
... exist." "This ensures that any collection and use of revenue is done with the guiding principle that the money first and foremost belongs to members, and any use of that money must be to their benefit." The statement continued: "P2M funds have performed ...

ASIC launches remediation review

KARREN VERGARA  |  WEDNESDAY, 17 NOV 2021
... the remediation process is underinvestment in systems. "This underinvestment has led to multiple failures. First and foremost, in delivering on promises to consumers, second in identifying the failures and third in being able to remediate consumer loss ...

IDII pitfalls advisers should avoid

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... clients give up the benefits of IDII 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 ...

APRA intensifies scrutiny of underperformers

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... the best financial interest duty (BFID) so that trustees must have regard to members' financial interest first and foremost beyond other non-financial interests. Another upcoming change is the reverse onus of proof. "This change, coupled with the ...