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Showing 921 - 930 of 2689 results for "Fair"

Non-compliant personal advice rife at super funds: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
Just 49% of the files looked at by ASIC as part of its review of financial advice provided by super funds were found to be compliant with best interests duty. Reviewing the personal advice provided by 21 super funds, ASIC's Report 639: Financial ...

Chief economist update: Bah humbug

BENJAMIN ONG  |  TUESDAY, 3 DEC 2019
"Have yourself a merry little Christmas, Let your heart be light From now on, Our troubles will be out of sight..." - Judy Garland Yes, Virginia, it looked like that over the past few weeks and into the first days of the Christmas month. The rally in ...

FASEA compliance has silver lining

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
... books. "We do have to segment our clients to a certain extent. Standard seven asks that the fees that you're charging be fair and reasonable for your target market. "It may mean because you have costed your fees and you know what you need to charge ...

AFCA reveals approach to Code of Ethics compliance

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2019
... standards expected of a member of a profession, Smith said. "Fairness underpins everything we do at AFCA. In assessing what is a fair resolution of any complaint, AFCA will assess whether the financial firm and its adviser have reasonably met that standard ...

Don't over-interpret OECD super fee figures

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... these numbers up as shield against policymakers that are pushing Australia's superannuation system to become more efficient, fair and transparent," Dunnin said. "That is not the purpose of these numbers and we should take great care to not over-interpret ...

FASEA exam tips from those who passed

ELIZABETH MCARTHUR  |  THURSDAY, 28 NOV 2019
... that was a sensible suggestion but said FASEA has tried to bring forward the most relevant parts on its website. "It's a fair point for us to consider," he said. As for the experience on exam day, some of the panelists admitted to slightly daunting experiences. ...

Active fixed income funds review fees

KANIKA SOOD  |  WEDNESDAY, 27 NOV 2019
... expectations have come down," Sebire says. "If the yield to maturity on [government bond indices] is less than 2%, it is just not fair for a manager to be charging a third [60 or 70bps] of the expected return in fees." Adding to lowering yield expectations ...

APRA floats insurance in super change

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... would also be required to ensure that any status attributed to a beneficiary in connection with the provision of insurance is fair and reasonable, implementing recommendation 4.15. "These proposed amendments seek to strengthen the processes undertaken ...

AIST finds issues with FASEA code

ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
... could meet the needs of many super fund members. Standard 7, which relates to fees charged being reasonable and representing fair value for the client, was Scheerlinck's final criticism of the code. "Given that value for money is very subjective it remains ...

Vale David Smith

ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
HESTA director and former Australian Institute of Superannuation Trustees president David Smith is being remembered as an inspirational leader. Smith, who was also general secretary of the Australian Services Union, passed away suddenly on November ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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