Search Results | Showing 21 - 30 of 153 results for "Interest Duty" |
| | | ... client circumstances − or advice models that lead to one-size-fits-all outcomes - are less likely to meet best interest duty obligations and can expose clients to a risk of capital loss," ASIC deputy chair Sarah Court said at the time. The court imposed ... |
| | | | ... reforms, which were carefully devised to ensure super funds invest members savings according to the best financial interest duty. Earlier this week, a spokesperson for assistant treasurer and minister for financial services Stephen Jones told Financial ... |
| | | | ... in mind." In this episode of the Financial Standard podcast, Levy also addresses her proposed shift from the best interest duty, explaining why good advice is "more than acceptable", as well as concerns around financial advisers competing with non-relevant ... |
| | | | ... saying 'this is a disaster." She explained the bottom line as to why it was labeled as such was down to the best interest duty in the Corporations Act being removed and replaced by a good advice duty. "In my view, that's a very strong consumer ... |
| | | | ... the law, an obligation to give good advice. It's a big shift because the current law very much focuses on best interest duty, duty of priority for that process," she said. Levy said she has had a lot of discussions around the current "checklists". ... |
| | | | ... client circumstances − or advice models that lead to one-size-fits-all outcomes - are less likely to meet best interest duty obligations and can expose clients to a risk of capital loss." Dixon Advisory is currently in voluntary administration but ... |
| | | | ... to regain in the future," Bevan said. Perhaps most detrimental to the traction of implementation can be the best interest duty, he said. Explicitly, having too many compromises in how a program is built and too much of a focus on the adviser practice ... |
| | | | ... members, with the Conference for Major Super Funds being told that doing so would be a breach of the best financial interest duty is a myth. AIST senior manager, policy David Haynes said super funds could and should be doing more for vulnerable members ... |
| | | | ... information that is available to the provider at the time the advice is provided." In addition to replacing the best interest duty, this requirement would also replace the appropriate advice duty, the duty to warn the client and Chapter 7's duty ... |
| | | | ... process through the lens of the consumer, removal of the safe harbour steps with greater clarity around how the Best Interest Duty is met and a review of key terms of advice (personal advice and general advice). Moreover, the retention of the Life Insurance ... |
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