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Showing 941 - 950 of 2689 results for "Fair"

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
A new paper on the consumer impact of Approved Product Lists (APLs) claims institutionally-aligned Australian Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations. ...

FASEA clears up code of ethics

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
The Financial Adviser Standards and Ethics Authority have released a guidance document for its code of ethics for financial advisers, which will come into effect on January 1, 2020. The code comprises of five values and 12 standards and has been designed ...

$26 billion super joint venture eyes more funds

ELIZABETH MCARTHUR  |  MONDAY, 21 OCT 2019
A joint venture between two superannuation funds with a combined $26 billion and 150,000 members has today taken off, with the chief executive hinting more funds could become involved. Equipsuper and Catholic Super's joint venture is officially ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
... Blackburn has put together that financial institutions in this country need to do a lot better by their clients, so it is only fair that we're able to seek accountability for what has happened with CFS." A CBA spokesperson responded to the class ...

ASX faces challenge on ETF stronghold

KANIKA SOOD  |  TUESDAY, 15 OCT 2019
... as it undertook a review of these arrangements, putting a stop to active managers who may have sought a listing. "It's fair to say that a number of fund managers have put their plans on hold," Miller said. "Once ASIC makes their views around it clear ...

No one reads the PDS: ASIC

ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
... believed was often misguided," she explained. "It is the role of regulation and legislation to ensure that members are getting fair value for money, rather than relying on members' ability to compare funds through disclosure."

IOOF divests Perennial Value

ELIZABETH MCARTHUR  |  FRIDAY, 11 OCT 2019
IOOF has divested its equity stake in Perennial Value Management, with senior executives of the firm acquiring its interest. IOOF had a 52.4% equity interest in Perennial but 42.4% voting rights and dividend entitlements. IOOF said in a statement that ...

Super funds face scrutiny in Canberra

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
AustralianSuper, AMP Super, IOOF, QSuper and Hostplus are just some of the funds that will front the committee for a two day hearing in Canberra in November as part of its ongoing review of the four major banks and other financial institutions. Other ...

Ralston dumps director roles

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
After a rancorous response to her appointment on the retirement income review panel, Deborah Ralston has formally stepped down from the SMSF Association (SMSFA) and Alliance for a Fairer Retirement System. Previously the chair of the SMSFA and Alliance ...

Super fund cuts fees

HARRISON WORLEY  |  TUESDAY, 1 OCT 2019
... since. "At a time when many funds are increasing their fees, we're bucking the trend and ensuring our members only pay what's fair," Petrou said. "Opening the fund to employees beyond the energy sector gives all our members the benefits of reduced fees ...

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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