Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 84 results for "Interests First"

Morningstar boosts financial planning capabilities

ALLY SELBY  |  WEDNESDAY, 4 MAR 2020
... firsthand how Morningstar's mission to empower investor success aligns with our commitment to put clients' interests first, and we share a belief in evidence- and research-based solutions." He argued Morningstar was the perfect partner to help ...

Group premiums rise 34%

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
... of recent legislative changes, such as the introduction of the Protecting Your Super (PYS) and Putting Members' Interests First (PMIF) legislation. Defence Bank Super said TAL advised that the legislative changes have "created pricing pressure for insurers ...

Cbus overhauls insurance offering

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
... fund also said the cost of implementing two major legislative changes - Protecting Your Super and Putting Members Interests First - and an increase in disability claim volumes requires an overall increase in the rates charged by its group insurer, TAL. ...

Link's superannuation arm takes a hit

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... was due to a combination of client losses and the impact of regulatory reforms, including the Putting Members Interests First and Protecting Your Super legislation. However, Link pointed to "strong underlying member growth" and improved fee for service ...

Industry fund bumps up premiums

JAMIE WILLIAMSON  |  FRIDAY, 14 FEB 2020
... members their insurance premiums are increasing as a result of the Protecting Your Super and Putting Members' Interests First reforms. Improvements to its policy and the number of claims paid out are also factors, the fund said. From April 1, the cost ...

Future of life insurance in doubt: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
... Protecting Your Superannuation legislation removing life insurance for low-balance super members and Putting Members' Interests First making life insurance opt-in for members under the age of 25 were also acknowledged as contributing to turbulent times ...

Industry fund ups fees ahead of merger

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... the needs of their combined memberships. MTAA said the fee changes were necessary because the Putting Members Interests First and Protecting Your Super reforms meant a significant decrease in the number of members covered by its group insurance policy. ...

What you read in 2019: Superannuation

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2019
... it's that not all super funds are created equal. At the same time, the Protecting Your Super and Putting Members' Interests First legislation changes saw fees change at almost every super fund, usually in an upward trajectory. It also tested the capabilities ...

AFCA reveals approach to Code of Ethics compliance

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2019
... disciplinary body is established. The code attempts to improve adviser conduct and ensure they place their clients' interests first and that they act in a way that is consistent with the values and standards expected of a member of a profession, Smith ...

FSC, ISA face off over APRA heat map

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
... custodians of Australians' retirement savings we all have a responsibility to improve the system and put members' interests first - and that means dealing with underperformance, wherever it is," Dean said. Earlier this month APRA deputy chair Helen Rowell ...