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Showing 951 - 960 of 5162 results for "Information"

Focus on providing 'good advice': QAR draft proposals

JAMIE WILLIAMSON, CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
... advice' is defined by Levy as that which "would be reasonably likely to benefit the client, having regard to the information that is available to the provider at the time the advice is provided." In addition to replacing the best interest duty, this ...

MobiSuper, licensee to pay $250k penalty

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... customers' best interests and failed to warn those consumers that the advice was based on incomplete or inaccurate information. The phone calls in question took place in October and November 2017. The Court also found that MobiSuper made misleading ...

ASIC capability review released

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... of effectiveness and capability, it said. The corporate watchdog pointed to its corporate plan which provides more information on the initiatives. https://www.financialstandard.com.au/news/asic-highlights-strategic-priorities-179796432?q=ASIC "We will ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... Balanced MySuper option - its first negative return since the Global Financial Crisis. Meanwhile, according to Rainmaker Information data, AustralianSuper's bump in investment fees on its MySuper option takes its overall fee ratio to 1.00%, or $502 ...

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
... cancel their policy without success, to contact their insurers and be assessed for remediation. We have published information on ASIC's website about the steps customers can take to seek a refund, including the contact details for each insurer," Chester ...

Rainmaker unveils managed fund flow winners

ANDREW MCKEAN  |  WEDNESDAY, 17 AUG 2022
Rainmaker Information has published the Wholesale Managed Funds Net Flow report, measuring the growth or decline of wholesale managed funds. Providing market intelligence on the use of wholesale managed funds, both open unlisted unit trusts and ETFs ...

Lutheran Super merger imminent

JAMIE WILLIAMSON  |  TUESDAY, 16 AUG 2022
... members have also enjoyed decent performance over the years, thanks to its use of Mercer Funds since 2017. Rainmaker Information data shows that, in the 12 months to June 30, Lutheran Super's default MySuper option returned -1.8%, ranking sixth overall. ...

WA financial services director banned for six years

CHLOE WALKER  |  MONDAY, 15 AUG 2022
... Class to the Australian Opportunities Class (AOC). During the course of this misconduct, Hutchinson misused personal information about investors by contacting them when she was not in a role that allowed her to do so, as well as using logos of entities ...

ASIC research guides retail investment regulations

ANDREW MCKEAN  |  THURSDAY, 11 AUG 2022
... access to a range of products. Many investors are also using digital channels and social media platforms to source information on investing. Since March 2020, 34% of surveyed investors reported sourcing information from Google searches and 41% reported ...

ASIC announces sizeable prosecution list

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... sentence mention on 23 September 2022. Financial reports provide shareholders, creditors and the public with important information, enabling them to make informed decisions when dealing with companies.