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Showing 591 - 600 of 8504 results for "BEST"

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... responsible for providing insurance benefits to members - even if they outsource that service to an insurer - they often act "at best" as administrators, "shuffling paperwork between the claimant and the insurer." "Despite their statutory obligations ...

SG Hiscock, Ruffer shutter funds

KARREN VERGARA  |  THURSDAY, 13 FEB 2025
... Perpetual told investors. "Following a recommendation of the manager, the RE has decided that terminating the fund is in the best interests of investors. The fund will continue to be managed in line with its investment objectives until the sale of the ...

ASIC updates on SMSF advice review

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
... reviewing client advice files where SMSF establishment advice has been provided. ASIC said it will assess compliance with the best interest duty and related obligations. In addition, ASIC is observing the role of AFS licensees in monitoring and supervising ...

SMSFs outperform APRA funds over five years: Research

MATTHEW WAI  |  WEDNESDAY, 12 FEB 2025
... many ways including investment flexibility, estate planning flexibility and the ability to structure the fund in a way which best suits the needs of fund members," Burgess said.

Local family office backs new venture to invest in climate tech

ANDREW MCKEAN  |  WEDNESDAY, 12 FEB 2025
... technologies. CTP's differentiated model seeks to derisks venture investing by partnering with industry to both find the best opportunities where there is real demand and then accelerate those companies with corporate trials and contracts" the statement ...

FSCP deregisters adviser for two years

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
... level of incompetence in providing the advice to his clients," the FSCP said. The panel found that Meilak contravened the best interest duty, appropriate advice obligation, failed to prioritise his clients' interest over his own, and made misleading ...

Treasury consults on genetic test ban in life insurance

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2025
... Given there are numerous types of human genetic tests that look at different things, stakeholders are asked to suggest how best to define 'genetic test' for the purpose of the ban. It also wants to know what factors might require the definition to be ...

Bravura delivers profit, pays special dividend

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
... provisions apply to the licensing arrangement, Russell said. "This milestone agreement allows Fidelity to continue to leverage best-in-class technologies, while allowing us to streamline and simplify our enterprise Sonata software platform for the betterment ...

Cbus faces fresh investigation over fund expenditure practices

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... Deloitte, published last November - which found little evidence that Cbus' relationship with the CFMEU was in members' best financial interests and flagged weaknesses in the fund's director appointment processes. APRA has accepted a court-enforceable ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... do so. That has taken time, but it has led to a better package for consumers." The second phase is meant to simplify the best interest duty, remove the safe harbor steps, and introduce a new class of advisers. "But I reaffirm that we are committed to ...