Search Results | Showing 31 - 40 of 121 results for "Interests Duty" |
| | | ... consultation paper. Released today, the QAR lead Michelle Levy's consultation paper suggests removing the best interests duty, saying "evidence suggests the best interests duty has not been more effective than disclosure in protecting consumers from ... |
| | | | APRA published its updated plan to reinforce the financial soundness of the banking, insurance and superannuation industries over the next four years, with few surprises on offer. The priorities in APRA's new Corporate Plan for 2022-2023 are based ... |
| | | | ... might significantly reduce the cost of providing advice," the AFA said. Choice has opposed any change to the Best Interests Duty safe harbour until ASIC has provided empirical evidence that shows it is ineffective. "Seemingly they are oblivious to what ... |
| | | | ... superannuation products." The review will also consider concerns relating to the regulatory complexity of best financial interests duty requirements, Treasury said. The announcement is the fulfilment of an announcement made by Jones during the Responsible ... |
| | | | ... the removal of the safe harbour steps from the Corporations Act and clarity on what is needed to satisfy the best interests duty. A profession-wide position on the tax deductibility of initial and ongoing advice fees and a review of the ASIC industry ... |
| | | | ... level of uptake. This reflects a combination of issues with respect to what is expected to comply with the Best Interests Duty (BID) and the uncertainty created by Standard 6 of the Code of Ethics," the AFA said. The group said advisers are also uncertain ... |
| | | | ... making these new investments with decarbonisation in mind would actually meet trustees' members' best financial interests duty? It has long been argued, proven even, that investing in fossil fuelled assets is not in members' long-term best interests ... |
| | | | ... fair that advisers be able to demonstrate the value they could offer to clients. She took no exception to the Best Interests Duty, stringent educational standards, onerous compliance or digital disruption that have reformed the industry. Hume was also ... |
| | | | ... what advice that is not provided, the implications of this, and why such an approach was taken. Advisers' best interests duty and related obligations apply when giving limited advice. "The same rules apply to all personal advice, regardless of whether ... |
| | | | ... existing reserves will be drawn on. Trustees must also justify how their approach would meet the best financial interests duty. As applications seeking judicial advice are still before the Courts, APRA notes that matters relating to the charging of trustee ... |
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