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Showing 41 - 50 of 77 results for "Interests First"

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 ...

ASIC puts trustees on notice

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... warned superannuation trustees to improve the standard of communication to fund members about Putting Members' Interests First (PMIF) reforms, hinting it may take action against funds if necessary. In a letter the regulator said the reforms provide ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... members under the age of 25 and those with low account balances, after the government's Putting Members' Interests First super reforms passed through the Senate yesterday. The Senate passed the government's reforms after Assistant Minister ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
The Putting Members' Interests First superannuation reforms are almost through parliament. The House of Representatives moved to pass the Putting Members' Interests First bill on Monday, making insurance in super opt-in only for under-25s. The bill ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
... superannuation reforms through Parliament, almost untouched. Releasing the report into its inquiry of the Putting Members Interests First Bill (PMIF), the committee made just two recommendations: to delay the implementation date until December 1, and ...

Super body opposes member interests bill

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
... Committee's inquiry into the Government's proposal. Steadfastly refusing to support the Putting Members Interests First Bill (PMIF), WIS' submission claimed the proposed reforms would affect many women and their dependants, including those ...

Advice associations weigh in on member interests bill

HARRISON WORLEY  |  FRIDAY, 19 JUL 2019
... superannuation reforms. In submissions to the Senate Economics Legislation Committee on the Putting Members' Interests First Bill that riled AustralianSuper earlier in the week, the Association of Financial Advisers (AFA) and the Financial Planning ...

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
... fund's position on the Government's recently re-introduced Treasury Laws Amendment (Putting Members' Interests First) Bill 2019 in a submission to the Senate Economics Legislation Committee, AustralianSuper head of insurance product Richard ...