Search Results | Showing 41 - 50 of 153 results for "Interest Duty" |
| | | ... against the FASEA code of ethics, as well as ensuring advisers can easily adhere to know your customer and best interest duty requirements by letting the customer scope their advice." |
| | | | ... Super bill last night, with Labor getting away with just one of the amendments on its wish list. Best Financial Interest Duty's proposal to give ministers the power to ban superannuation funds' investments was dropped. However, Labor's other proposed ... |
| | | | ... Funds.. It also wants the tests to be applied to choice products as well. Lastly, it will push for the Best Financial Interest Duty to include a materiality threshold, and to remove the directions powers. "Absolute crock, unnecessary extraordinary overreach. ... |
| | | | ... contested measures such as July 1 start date, stapling's pre-dating of performance testing, and the Best Financial Interest Duty. In the committee's final report, Labor took issue with seven main features of the Bill: power to the Treasurer to ... |
| | | | A UNSW academic says subjecting superannuation funds to "best financial interest duty" instead of just "best interest duty" is not material, but BFID's flow-on effects will be concerning for trustees. University of New South Wales director for centre ... |
| | | | ... pandemic," Schaffer said. Over 80% of advisers that use managed accounts believe it is easier to demonstrate client best interest duty through managed accounts compared to managed funds (73%) and a portfolio of direct shares or listed investments (69 ... |
| | | | ... already facing a raft of challenges in the wake of the Royal Commission, with regulatory requirements such as best interest duty drawing a focus on the fees and benefits of investment solutions for clients. Our SmartShield Managed Accounts have armed ... |
| | | | ... included demonstrating a practical application of due diligence, identifying judgement and biases and applying best interest duty. The other area advisers underperformed in was financial advice construction, including demonstrating an understanding of ... |
| | | | ... addressing MySuper funds' underperformance; launching the YourSuper comparison tool; and the best financial interest duty. Under the new stapling rules, the Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck warned that ... |
| | | | ... from the use of fund assets have always been heavily regulated and scrutinised," he said. The new best financial interest duty is part of the government's Your Future, Your Super draft legislation package, which is causing contention across the industry. ... |
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