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Showing 31 - 40 of 106 results for "Fiduciary Duty"

PC puts spotlight on lifecycle super products

KARREN VERGARA  |  MONDAY, 25 JUN 2018
... products is how to meet "extremes and everything in between," he said. "The question is therefore how can we meet our fiduciary duty in that default environment if we are not utilising what we know about the member - age, gender, account balance - to ...

Quantifeed eyes Australian expansion with $13.5m raising

KANIKA SOOD  |  WEDNESDAY, 20 JUN 2018
... Quantifeed's Ypsilanti talked about broader themes for robo-advice: gaining client trust, technological changes and fiduciary duty. A recent CFA Institute study found 80% Aussie retail investors trusted said they were more likely to trust financial ...

US regulator to extend fiduciary rule

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
The financial services regulator in the United States is broadening the scope of the proposed fiduciary duty to combat conflicted investment advice and mitigate confusion around the differing standards to which different industry professionals are held. ...

Why it shouldn't be called impact investing

ALEX BURKE  |  FRIDAY, 8 SEP 2017
... two-plus decades," he explained. Addressing the idea that engaging in impact investing risks violating a super fund's fiduciary duty to its members, Traill argued that this was a myopic view that mirrors his experiences with alternative investments in ...

Former AMP adviser banned for $2.5m fraud

JAMIE WILLIAMSON  |  MONDAY, 21 AUG 2017
... Noonan, Justice Escourt of the Supreme Court of Tasmania described Noonan's crimes as "egregious violations of his fiduciary duty to his clients." ASIC deputy chairman Peter Kell said: "ASIC will act to remove people from the credit and financial services ...

Super funds must address climate risk: Market Forces

EMMA RAPAPORT  |  THURSDAY, 3 AUG 2017
... on deaf ears, it's no surprise that trustees now find themselves open to legal action for a dereliction of basic fiduciary duty." "The funds that are considering climate risk would be doing right by their members to disclose it. As for the funds that ...

Robo-advisers expected to meet fiduciary rule

ALEX DUNNIN  |  FRIDAY, 16 JUN 2017
... advisers will not be exempted from any of the legal obligations that apply to other advisers. "An investment adviser's fiduciary duty includes an obligation to act in the best interests of its clients and to provide only suitable investment advice," ...

Major US pension fund divests Australian coal

EMMA RAPAPORT  |  WEDNESDAY, 14 JUN 2017
... (CalSTRS) teachers' retirement board reached the decision last week, based upon its long-term global perspective and fiduciary duty, including consideration of environmental risks - both current and those projected over the next 10 to 25+ years. "The ...

Human rights considerations are good for investors

EMMA RAPAPORT  |  MONDAY, 1 MAY 2017
... investors feel as if they're prevented from considering human rights as part of their investment decisions due to their fiduciary duty to maximise returns to beneficiaries, the two are not incompatible, with businesses increasingly understanding that ...

US pension fund extends tobacco divestment

DARREN SNYDER  |  WEDNESDAY, 21 DEC 2016
... needed to meet its long-term pension obligations. Chair of the investment committee Henry Jones said: "CalPERS has a fiduciary duty to conduct a periodic review of all of our active investment restrictions to ensure that they remain appropriate." "There ...