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Showing 10511 - 10520 of 28277 results for "NOT"

Former NULIS chair faces Royal Commission

KANIKA SOOD  |  TUESDAY, 7 AUG 2018
... fee for itself?" he asked later in the same line of questioning. Smith denied Hodge's allegation. She also said she did not recall it being raised at a director level whether the adviser contribution fee would need to be repaid if there was no adviser ...

Plan service fees did not constitute fee for no service: NAB

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
... distinguish between other cases of fees for no service and NAB charging superannuation customers for advice services they did not access. NAB requested an amendment to a 2016 ASIC draft report looking into fees for no service, on the basis it did not ...

Farmers should urgently access super: Advisers

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... proposing for an urgent six month amnesty on superannuation hardship rules as they fear the Government's relief package may not reach the farmers in time. "Accessing just $10,000 from superannuation might be a lifesaver to stop the shooting of starving ...

NAB looked to keep plan service fees, Royal Commission hears

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
... NAB considered ways to justify retaining plan service fees (PSF) it charged superannuation fund members despite the services not actually being supplied. Questioning former NAB general manager of superannuation and platforms Paul Carter, counsel assisting ...

Equity Trustees responds to GAM suspension

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... alone certain contracts where two signatures were necessary. And he breached the company's gifts and entertainment policy by not asking for required pre-approval and used his personal email for work purposes," GAM said. "Taken together, this conduct ...

Chief economist update: Do nothing RBA

BENJAMIN ONG  |  TUESDAY, 7 AUG 2018
... Governor Philip Lowe and his merry men and women when the RBA announces its decision at 2.30pm AEST today. That really is not up for any debate. What's bugging me are the forecasts, the expectations, the speculations, the educated that the RBA's ...

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
... are actually being actively advised and there is plenty of evidence to support that. It's pretty clear that many would not be where they are if they were being actively advised." Carter claimed he had no reason to believe that members weren't ...

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... must have affected the trustee or a trustee of a superannuation fund within their respective retail group though they may not have necessary made that specific link their submission," Hodge said. ANZ, which owns OnePath and Oasis, admitted to charging ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... Additionally, APRA addressed the use of independent experts to support decision making at the board level. While the regulator does not object to the use of experts in this capacity, it said it expected boards to "critically examine whether having to ...

Boutique equities manager raising $4 million

KANIKA SOOD  |  MONDAY, 6 AUG 2018
... fund managers to undertake SRI is growing with the US market having $US8.72 trillion in SRI assets. We believe that SRI is not just an altruistic pursuit it is also an increasingly growing area of asset management that can generate long term returns," ...