The latest issue of Financial Standard now available as an e-newspaper
|Showing 1 - 4 of 4 results for "BFID"|
|... usher in an era of red tape and bureaucracy that has never been seen in superannuation funds management," Jones said of the BFID. "There should be materiality test. I actually don't see a need for reverse onus. Yes, funds should be operating in the ...|
|... wants superannuation funds' ESG investments to be included in the proposed Best Financial Interests Duty. The government's BFID wants super trustees to make decisions that are in best "financial" interests of their members. The inclusion of the word ...|
|... subjecting superannuation funds to "best financial interest duty" instead of just "best interest duty" is not material, but BFID's flow-on effects will be concerning for trustees. University of New South Wales director for centre of law, markets and ...|
|The new best financial interests duty (BFID) could see members pay higher administration fees as the record-keeping obligations ramp up, superannuation funds and industry experts warn. The reforms, which are part of the Your Future Your Super legislation ...|
| | |
The long serving chair of wealth management firm Morrows is being remembered for his larger-than-life personality and generous spirit following his sudden passing last week.
| | |
The superannuation and investing startup has crossed $1 billion in total assets, after more than doubling the number in the last year.
| | |
A financial advice industry association, which had been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered.
| | |
Former Mutual Trust and AIA Australia chief investment officer Graeme Bibby has joined a wealth management firm.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|