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Showing 1 - 10 of 77 results for "Interests First"

Super funds not ready for IDR

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... complainants, and learn from complaints, is a true indicator of whether their funds have a culture of putting member's interests first. It also provides insights into the maturity of a trustee's approach to risk." From October 5, key aspects of IDR obligations ...

RI Advice failed oversight obligations: Court

KARREN VERGARA  |  MONDAY, 2 AUG 2021
... had breached his best interests obligations by giving inappropriate advice and failing to put his clients' interests first. Doyle was an authorised representative of RI Advice between May 2013 and June 2016, when it was owned by ANZ Banking Group. ...

Aware Super, VISSF merger to proceed

JAMIE WILLIAMSON  |  THURSDAY, 29 JUL 2021
... Likewise, VISSF chair Peter Sharples said the merger is a continuation of the funds' efforts to always put members interests first. "With increasing regulatory reform and growing trustee obligations, we recognise the importance and advantage of scale ...

AustralianSuper names next merger partner

JAMIE WILLIAMSON  |  TUESDAY, 6 JUL 2021
... benefits to members. "LUCRF Super will ensure that this merger will provide a model for how best to put members interests first during mergers of this kind." AustralianSuper currently has more than $225 billion in funds under management and more than ...

Fisher Investments launches local HNW offering

ELIZABETH MCARTHUR  |  THURSDAY, 3 JUN 2021
... portfolio management services, world-class customer service model, and structure that always puts our clients' interests first," Fisher Investments chief executive Damian Ornani said. "But there are still so many more families around the world who ...

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... working in dangerous occupations excluded from stapling. This was previously done in the Putting Members' Interests First legislation, where insurance changes did not apply to members in hazardous occupations. "I think they should make concessions ...

Super funds under $30bn should merge: APRA

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
... improve including current directors with 20-year tenures on super boards. "[Funds talk about] putting members interests first. But the evidence to support that they genuinely do that is often not as easy to point to as it should be," she said. Financial ...

Spirit Super drops fees after merger

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... its February 2021 premium hike to COVID-19 and government reforms, and the February 2020 hike to Putting Members Interests First and Protecting Your Super. T asplan attributed its 7% fee hike in September 2020 to PYSP and PMIF.

Risk inflows stagnant, satisfaction varies

ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... risk premium inflows decreased 0.6% over the year as a result of the Protecting Your Super and Putting Members' Interests First legislation. Despite this, AIA Australia recorded 27.3% growth followed by QInsure at 3.8%. BT/Westpac recorded a negative ...

Montgomery launches two global strategies

KARREN VERGARA  |  THURSDAY, 4 MAR 2021
... with two companies with extensive experience in investing over multiple cycles and in putting their clients' interests first." Polen has about US$60 billion in total assets, with offices in the UK and US. It currently has a local distribution partnership ...
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