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Showing 31 - 40 of 686 results for %22Interests First%22

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... performance fee was charged at 20%. The trustee, Perpetual Investment Management Limited (PIML), said it is in the best interests of investors to close and wind up the fund, saying the decision is due to it not attaining and not being expected to attain ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... identify members who held more than one account and merge those accounts where it was deemed to be in the member's best interests. ASIC says the conduct went on for close to a decade, from 1 July 2013 to 31 March 2023. This, despite it being legislated ...

Hostplus finalises merger with Maritime Super

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
... record of delivering financial security for our members. Hostplus' demonstrated commitment to member best financial interests will ensure benefits to our members are continued into the future."

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
... Without this, how can the growing number of Australian retirees be confident that their fund is operating in their best interests?" Meanwhile, having seen a significant number of its trustee-directed products fail the test, the first time they've been ...

Ninety-seven super products fail performance test

JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023
... disappointing outcome for them and we remain highly focused on delivering improvements whilst protecting members' interests in this process," he said. "For example, our strategic initiative to migrate members (subject to Trustee approvals) to our ...

No question we need more BTR: Mowat

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
... unit owned by an individual landlord, Mowat said. "We want potential residents to know that there's a real alignment of interests between us and them. We want them there for the long term - they have security of tenor tenure, as long as they pay market ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... decision to cease the service is a regrettable one, but a very considered one, with our clients and shareholders' interests in mind," he said. Six Park joins a chorus of fintechs that found it impossible to survive, let alone scale, in this economic ...

PGIM client group lead in sudden departure

ELIZABETH FRY  |  FRIDAY, 4 AUG 2023
... 24 employees. Brewer is now a full-time director at Proteus Growth Partnering, a company associated with his family interests. He joined PGIM from Capital Group, where he did a seven-month stint as country head of Australia. Before that, Brewer served ...

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... achieve the best outcome for the market, for listed companies and investors, and not favour any particular group's interests," he said. "We expect ASX and the advisory group to work together in the best interests of the market, including for the ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
... with professionals for decades, and we're creating that same model in advice - where there's an alignment of interests and of value creation, and support of their businesses..." Expected to be profitable after the first year, ASC will operate ...