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Showing 10631 - 10640 of 28277 results for "NOT"

QSuper cuts administration fees

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
... on core systems, over two years. This has enabled it to automate back-office functions. "We are very member-focused and are not cutting back on personalised services for our member," he said. The fund's admin fees include member services such as ...

Dover advisers turn orphans

JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
While there are Dover financial advisers that have managed to transition elsewhere in recent weeks, latest ASIC data shows hundreds of advisers will be without a licensee when the disgraced AFSL shutters today. Rainmaker analysis of ASIC's Financial ...

Phone life insurance sales 'hawking' customers: Royal Commission

KARREN VERGARA  |  FRIDAY, 6 JUL 2018
... have a dial utilisation time of 75%, meaning representatives had to be on the phone the majority of their working hours and not be "idle", Howden explained. The regulator said the deficiencies in some of Select AFSL's processes and procedures that ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
... years, and a few indicated that fiscal policy posed an upside risk. A few participants raised the concern that fiscal policy is not currently on a sustainable path. Many participants saw potential downside risks to economic growth and inflation associated ...

Queensland industry funds merge

HARRISON WORLEY AND JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
... industry-leading services and have a passion for rural and regional Australia," Smerdon said. He added that the decision to merge was not one that was taken lightly. "We think it will result in a tremendous outcome for both AustSafe Super and Sunsuper ...

Mercantile takeover of private equity fund moves ahead

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
... attractive proposal." In constructing the deal, Mercantile OFM added a condition that IPE's net tangible assets could not drop by 10% or more between the date of the merger implementation agreement (June 5) and the end of the offer period, which ...

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... Australia is shuttering its retail financial advice division. The closure follows a strategic review and HSBC Australia did not disclose how many staff members are affected. A HSBC spokesperson said: "We have ceased offering retail financial planning ...

FASEA must recognise all prior learning: FPA

JAMIE WILLIAMSON  |  THURSDAY, 5 JUL 2018
... Standards and Ethics Authority, also found 84.1% of existing advisers hold what FASEA has deemed an unrelated degree and are not comfortable with the draft standards. As such, the association is advocating for FASEA to consider past and relevant education ...

Digital transformation challenges super funds

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
... affecting their social licence. Watson said that beside early action by AustralianSuper, many of the 44 surveyed funds did not yet provide members with explicit guidance and support for member insurance claims. Also highlighted in the research was the ...

Chief economist update: Japan feels the heat

BENJAMIN ONG  |  THURSDAY, 5 JUL 2018
... in the June survey from four in March, this instead suggests that Japanese manufacturers' profits are being squeezed. Not a good development given that both the headline (0.6% in May) and core (0.8%) rates of inflation remain way below the BOJ's ...