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Showing 10381 - 10390 of 28277 results for "NOT"

Freedom sold life insurance to intellectually disabled man: Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 12 SEP 2018
... with the policy for his son still active. Only after sending a letter to Freedom to cancel the policy was action taken, but not before Freedom asked for Stewart's son to verbally agree to the cancellation of the policy over the phone. Recordings of the ...

Aussies want advice, as long as it's cheap: Research

HARRISON WORLEY  |  TUESDAY, 11 SEP 2018
Australians trust financial advisers but will not pay more than $400 for face-to-face consultation, latest research reveals. Latest research from ING - conducted in conjunction with Rice Warner - shows financial advisers are the most trusted source ...

Best-in-show super fund list should be 11: WSSA

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
... Latto said: "We propose that the employer fund becomes the default if the employee doesn't choose, because employer funds are not just off-the-rack funds. A lot of these funds have highly negotiated fees, special insurance arrangements and specialised ...

How much your advice business will be worth in 2023

KANIKA SOOD  |  TUESDAY, 11 SEP 2018
... times." The panel agreed implementing managing accounts could add value to a business (by adding business efficiencies) but did not quantify this value add. "If the practice's revenue base grows in the next five years by specialising in an area or implementing ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
... provide an even bigger subtraction from growth should Trump take as aggressive a stance on Tokyo as he is on China. This should not be too much a problem so long as Japanese domestic demand maintains its growth momentum as shown in the June quarter national ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
The sixth round of the financial services Royal Commission heard ClearView's direct life insurance business breached anti-hawking provisions up to 303,000 times. The figure has ballooned from the 278,664 originally reported to the Commission, according ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
This morning the Royal Commission heard about instances of misconduct in the life insurance industry and where conduct fell below community standards and expectations. Opening the sixth round of Royal Commission hearings, counsel assisting Rowena Orr ...

Insurance in super code weak: ASIC

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... priority is that trustees that take more than 100 days to resolve complaints to reduce this timeframe. If immediate action is not taken by trustees, ASIC warned it take further regulatory action, including considering enforcement options. Another concerning ...

Industry funds launch account matching initiative

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... see 18 industry funds consolidate 500,000 low balance, inactive accounts. The service is free of charge to members and does not incur exit fees. Eligible inactive accounts with balances under $6000 will enter a collective pool to be matched to the active ...

The changing face of SMSFs

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
... the total value of shares traded by SMSFs - this is down from 40% year on year. However, Commsec noted that these figures do not mean SMSF investors are abandoning the stocks that have traditionally formed the foundation of the portfolios. They are merely ...