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| | | ... and its representatives failed to consider the cost savings and had no reason to believe their recommendations were in the best interests of the clients. On the back of JPMS's recommendations, about 10,500 clients made about 17,500 purchases of the more ... |
| | | | ... significant transformation" for the combined membership. "On behalf of CareSuper, these directors go with our enormous thanks and best wishes for the future," she said. CareSuper and Spirit Super initially entered a preliminary non-binding Memorandum ... |
| | | | ... organic growth initiatives, "offer significantly greater value to HPI securityholders." Charter Hall and Hostplus made their "best and final" offer on October 18 for HPI, which owns 59 pub and hotel properties nationwide. They initially offered $3.65 ... |
| | | | Warakirri Asset Management is winding up the Flinders Emerging Companies Fund, saying it's in the best interests of all investors. The fund was launched in September 2015 and only has about $105 million in funds under management. It consistently ... |
| | | | ... in GAM's new strategic direction, leadership, and unwavering commitment to excellence will drive our teams to deliver best-in-class investment strategies and services to the region's investors." The new local head said he was delighted to join ... |
| | | | ... fund was terminated following an analysis of market conditions and investment trends, adding that the closure was in the best interests of unitholders. "Our fiduciary view is that the fund is not at an optimal size or positioned to meet its stated investment ... |
| | | | ... preparing to introduce in parliament. The highly anticipated set of changes promise to remove laborious tasks by modernising the best interests duty and removing the safe harbour steps. Statements of Advice (SoAs) will also receive a makeover, while ... |
| | | | ... whether the expenditure is good, bad, or appropriate. Some very large items of expenditure may be justifiable as being in the best financial interests of members. Conversely, even relatively small items of expenditure might not be OK," Cole said. "The ... |
| | | | ... communication between our clients and their institutional investors," McKenna said. "This partnership aligns us with global best practices through increased transparency and efficiency, empowering our clients to navigate meeting complexities with greater ... |
| | | | ... is looking for a new sales head. "We have enormous respect for Jeremy," the spokesperson said. "We all agreed it was the best decision to part ways as soon as we both recognised that private credit wasn't the right fit for Jeremy, his family and ... |
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