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Showing 1051 - 1060 of 2479 results for "James"

More data leads to more bad decisions

JAMES FERNYHOUGH  |  TUESDAY, 12 AUG 2014
The human brain is biologically incapable of processing the reams of data it receives, and the more data we try to process without help, the more bad decision we will make. That was the message of evolutionary biologist Rebecca Costa's speech that closed ...

General advice is not advice: Rantall

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
The term 'general advice' is misleading to consumers, and would be more appropriately labeled 'product sales', Financial Planning Association chief executive Mark Rantall has said. Speaking to a full house of Financial Services Council conference delegates ...

ACCI calls for end to super in awards

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
The campaign to keep super in awards suffered another setback on Thursday when the Australian Chamber of Commerce and Industry (ACCI) renewed calls for an end to the Fair Work Commission's involvement in selecting default funds. The call, made at the ...

US/EU v Russia's lose-lose is China's win-win

BENJAMIN ONG  |  FRIDAY, 8 AUG 2014
... still rising, and would increase even more should 'em big boys take us back to the days of the Cold War. Welcome back Bond, James Bond! And this brings me to China. While the US/EU and Russia are playing a lose-lose battle, the more they battle, the ...

ASIC cracks down on advisers over PI insurance

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
... resulted in the cancellation of seven AFS licenses: C Greenfield & S Garland, Credit New Holland Group Limited, Michael James Dougherty, Strategy Portfolio Limited, John Patrick Mcauley, Neville Krynauw & Associates and Accountants Plus. ASIC also referred ...

Integrate next-gen insurance policies into NDIS

ALEX DUNNIN  |  THURSDAY, 7 AUG 2014
... Australia's disability and healthcare challenges but maybe it should be. That was the question posed by FSC chief economist James Bond to a panel of insurance and legal experts who convened to discuss how the life insurance sector could integrate into ...

Bowen supports lump sum status quo

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
There is no evidence to suggest Australians abuse their right to withdraw superannuation as a lump sum, Shadow Treasurer Chris Bowen has said. Addressing delegates at the Financial Services Council conference, the former treasurer said forcing consumers ...

Portfolio disclosure a 'data dump' on consumers

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
The proposed portfolio holdings disclosure rules amount to a "data dump" that is useless to consumers, according to Michael Gordon, group executive at Perpetual Investments. Arguing in the affirmative for the ACSA debate, 'Disclosure requirements... ...

Simplify your products, life insurers told

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
The struggling life insurance industry should focus on developing simpler products if it wants to avoid a repeat of its recent woes, according to Australian Prudential Regulation Authority (APRA) member Ian Laughlin. While acknowledging the industry ...

Lump sum rules 'utterly unsustainable': Sherry

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
Former minister for superannuation Nick Sherry has branded as "utterly unsustainable" the rule allowing Australian retirees to withdraw their superannuation as a lump sum. Speaking in the opening session of the Financial Services Council conference ...