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Showing 11361 - 11370 of 28287 results for "NOT"

New Year, new chair at industry fund

JAMIE WILLIAMSON  |  THURSDAY, 21 DEC 2017
... face include ensuring workers continue to have choices about who manages their superannuation, and ensuring contractors do not miss out on super." BUSSQ has also appointed a new director in corporate governance adviser Sonya Beyers. Beyers is a solicitor ...

AustralianSuper launches insurance-free product

KARREN VERGARA  |  WEDNESDAY, 20 DEC 2017
... to begin building a base for their retirement savings." "Given that they are often on relatively low incomes, the fund does not want to see undue account erosion because of insurance that may actually be of very limited value to them." Kerlin noted insurance ...

ASIC takes further action against MyPlanner

JAMIE WILLIAMSON  |  WEDNESDAY, 20 DEC 2017
... its representatives, leading to the provision of poor financial advice. Surveillance revealed some MyPlanner advisers did not make adequate inquiries into clients' circumstances or complete sufficient analysis to determine the suitability of strategies. ...

Eurozone low-flation to 2020

BENJAMIN ONG  |  WEDNESDAY, 20 DEC 2017
... bank's most recent 2017 forecast. However, the speed up was mainly due to a 4.7% jump in energy prices which, the ECB does not expect to last (or offset by lower prices in other components) based on its latest inflation projections - 1.4% in 2018 and ...

NAB refunds home loan customers

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
... case, NAB failed to link some offset accounts to home loan accounts, which meant that money held in those offset accounts did not reduce the interest payable on the home loan accounts. As a result, consumers paid more in interest than was required," ...

Fee-for-service faces ultimate risk test

DARREN SNYDER  |  TUESDAY, 19 DEC 2017
... premium. "If you charge an advice fee and then 'rebate' if you get commission, I would suggest you reduce the commission and not the fee. It means the client will get some discount over the life of their policy and there's less risk for clawback," she ...

Aurora traces stolen $1 million to former owner

ALEX BURKE  |  TUESDAY, 19 DEC 2017
... "There was no legitimate purpose for any of the transfers from the Aurora Property Buy-Write Trust bank account. Aurora is not suggesting that third party recipients knew the transfers were fraudulent at the time (other than the perpetrator who was also ...

Industry split on life insurance cover: Poll

KARREN VERGARA  |  MONDAY, 18 DEC 2017
Whether or not superannuation funds should stop charging life insurance cover after 13 months without contributions has divided the industry, Financial Standard's weekly survey results show. Forty-nine percent of respondents said it's only fair superannuation ...

Big 4, AMP fork out massive compensation bill

KARREN VERGARA  |  MONDAY, 18 DEC 2017
... to provide the agreed services, as well as the product issuers that failed to switch off advice fees for customers who did not have a financial adviser. During that period, the compensation arising from the fee-for-service failures was approximately ...

Spring FG acquires $200m dealer group

ALEX BURKE  |  MONDAY, 18 DEC 2017
Listed wealth firm Spring Financial Group has acquired a dealer group with a combined $200 million in funds under advice. Under the terms of the acquisition, Spring FG will pay a total consideration of $1.67 million to acquire all issued capital of ...