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Showing 1081 - 1090 of 4429 results for "Poor"

ASFA supports SGC bill with increased ATO resources

DARREN SNYDER  |  THURSDAY, 15 OCT 2015
The Association of Superannuation Funds of Australia (ASFA) believes reducing the harshness of the super guarantee charge (SGC) should only occur if additional resources are provided to the Australian Tax Office (ATO). In its submission on the draft ...

CFAs told ASIC is for the consumer

DARREN SNYDER  |  WEDNESDAY, 14 OCT 2015
... creating a customer first culture," Medcraft said. "We care about culture because there is often a strong connection between poor culture and poor conduct. We consider it to be a key risk area with respect to our role as a conduct regulator, as it often ...

Insurance premiums should be questioned

DARREN SNYDER  |  FRIDAY, 9 OCT 2015
... such as AMP, TAL, ClearView and ANZ all posted strong profits during reporting season and have little reason to be crying poor about business being unsustainable. "If life insurers do have a sustainability problem, then the onus should be on them to ...

Super returns fall sharply in August

MARK SMITH  |  WEDNESDAY, 7 OCT 2015
The recent plunge in local and global stock markets saw super fund returns dip but performance is still solid over the longer term. According to figures from Rainmaker, the SelectingSuper workplace default option MySuper Index fell sharply during August ...

Seniors weigh in on national tax discussion

DARREN SNYDER  |  FRIDAY, 2 OCT 2015
National Seniors chief executive Michael O'Neill believes that under new Prime Minister Malcolm Turnbull the debate over older Australians should shift from cost to contribution. Alongside 11 representatives from organisations across Australia, O'Neill ...

CBA's advice review compensates 19 clients

LAURA MILLAN  |  WEDNESDAY, 30 SEP 2015
... the total assessment outcomes issued so far) the advice given had been appropriate. In 10 or 1% of the cases the advice was poor, but there was no compensation because it did not result in financial loss. As many as 39 (6%) clients were offered compensation ...

S&P warns banks on cyber risk

ALEX BURKE  |  WEDNESDAY, 30 SEP 2015
Standard & Poor's has warned the global banking industry that it may soon factor cyber-security risk into its credit rating services. In a new report, the researcher and index provider highlighted the rising threat of cyber-attacks on banks, which it ...

Prime Super launches new brand

STAFF WRITER  |  TUESDAY, 29 SEP 2015
... superannuation can be complex and difficult to understand at times and this is a big driver of member disengagement, which can lead to poor retirement outcomes for many Australians," the fund's chief executive Lachlan Baird said. "We came to the decision ...

Life risk sales bounce back

ALEX BURKE  |  FRIDAY, 25 SEP 2015
Individual life insurance sales are recovering after two poor quarters, according to DEXX&R research. DEXX&R's life analysis report for the June quarter shows that new business in the sector grew by 15% on the March quarter to $321 million. As reported ...

No industry is immune from poor culture risk: ASIC

STAFF WRITER  |  TUESDAY, 22 SEP 2015
There are currently no sectors in the financial services industry immune from the risk of cultivating a poor culture, the Australian Securities and Investments Commission (ASIC) commissioner John Price said. Speaking at the 2015 Customer Owned Banking ...