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Showing 1091 - 1100 of 3582 results for "Consumers"

SCA drags AMP over claim delays

ALLY SELBY  |  TUESDAY, 10 DEC 2019
Super Consumers Australia (SCA) has slammed AMP in an open letter to the board; criticising the wealth giant for significant delays in its "abhorrent" handling of group insurance claims. Citing APRA's Life Insurance Claims and Disputes data released ...

ATO issue SMSF scam warning

ELIZABETH MCARTHUR  |  TUESDAY, 10 DEC 2019
... Tax Office has issued a warning against promoters of illegal self-managed superannuation schemes. The ATO is reminding consumers that SMSF schemes promising to allow you to withdraw super early can be illegal. "You can only access your super early under ...

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... Superannuation Trustees chief executive Eva Scheerlinck said that while the institute welcomed the introduction of the heat map, consumers need more help to shift out of perennial underperformers, with many still saving for their retirement outside in ...

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
... 205,000 (up by 29,000). The unemployment rate dropped back to a 50-year low of 3.5% from 3.6% in November. Optimistic consumers who have jobs will spend. While the annual growth in US personal spending from around 6% in mid-2018, at 4%, it remains above ...

The secret to super outperformance

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... popular fund-wide exclusions are tobacco and armaments, followed by fossil fuels. Retail funds were found by RIAA to offer consumers the widest variety of responsible investment options per-fund. There are a total of 88 responsible investment options ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... 0.1 percentage point off third quarter GDP growth. Low interest rates and "recent tax cuts" also failed to encourage consumers to spend. Household consumption's contribution to the September quarter's GDP growth halved from 0.2 pps in the June ...

Super consumer body grateful for intervention

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
With just 18 months of funding left, Super Consumers Australia has been handed a potential lifeline by the government. After the government announced it would take its first steps towards fulfilling a recommendation of the Productivity Commission to ...

ASIC bans direct life cold calling

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... commissioner Sean Hughes said. "This action draws a clear line in the sand. From January firms will no longer be able to call consumers out of the blue and use sophisticated sales tactics to pressure people into buying life insurance." The change has ...

Boomers show healthy ESG appetite

ALLY SELBY  |  TUESDAY, 3 DEC 2019
... and social impacts of their investments. Harrison argues that ESG discussions should be taken from the board room to consumers so that they can better understand the responsible role their superannuation can play. "We believe asset managers, super fund ...

China still positive despite unrest

ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... Alibaba held its annual Singles Day event. Much like Black Friday or Boxing Day, discounts are offered site wide, while consumers are encouraged to celebrate being single by buying as much as possible. This year the event brought in around US$38 billion. ...