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Showing 1151 - 1160 of 4430 results for "Poor"

REI Super launches live video advice

LAURA MILLAN  |  THURSDAY, 23 APR 2015
... chief executive Mal Smith said. "We're sure that our video advice service will be particularly warmly embraced by our time-poor and geographically dispersed membership," he added. He said that in the past year the fund experienced a 73% increase in the ...

NAB to take "leading role" in advice remediation

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... executive Andrew Thorburn said the bank was prepared to take a "leading role" in addressing the compensation gap for victims of poor financial advice. NAB advice client Veronica Coulston was raised as a specific example by Senator Nick Xenophon, who ...

Industry should help fund ASIC: ANZ

LAURA MILLAN  |  TUESDAY, 21 APR 2015
... industry behaviour and it is the industry's responsibility to better supervise its advisers and minimise the chances of fraud or poor advice," Hodges said. ANZ Global Wealth chief executive officer Joyce Phillips added that the industry needs supervision ...

Industry needs to act after Trowbridge report failure

ALEX BURKE  |  TUESDAY, 21 APR 2015
The Trowbridge report likely won't become the "blueprint" for the life industry, said former Financial Planning Association of Australia chair Matthew Rowe. In a newspaper column, Rowe explained that this was because of disagreements between key members ...

A fantabulous set of jobs numbers

BENJAMIN ONG  |  FRIDAY, 17 APR 2015
... March and 1.7% over the year. You know the drill, businesses work their existing employees longer (and harder?) until the poor employees can take it no more, no more, no more... and then, the boss decides to hire a sidekick. Understandably, this piece ...

Rice Warner consultant criticises MySuper fee disclosure

ALEX BURKE  |  THURSDAY, 16 APR 2015
... funds were investing - which are not required to disclose their "indirect costs" - can result in "layering of costs" and poor disclosure. "There is still capacity for broad improvements in fee disclosure across the industry. This requires a focus on ...

Market wrap

AAP  |  TUESDAY, 14 APR 2015
... down 32 cents at $54.98. The credit ratings of BHP Billiton and Rio Tinto are set to be cut by ratings agency Standard and Poor's after the steady plunge in iron ore prices. Fortescue Metals firmed four cents to $1.815 as it said it was reorganising ...

Market Wrap AM

AAP  |  TUESDAY, 14 APR 2015
... Wells Fargo (+0.6 per cent) both reporting. LONDON - Europe's main stock markets have closed mixed as investors digested poor Chinese trade data that signalled fresh weakness in the world's second-biggest economy, dealers say. London's benchmark FTSE ...

Fund manager insists active approach not broken

MARK SMITH  |  FRIDAY, 10 APR 2015
Fund manager Epoch Investment Partners has blamed the relatively poor performance of active managers in recent years on the market distorting impact of quantitative easing and says talented stock pickers will come good again soon. S&P Dow Jones recently ...

Industry, government respond to Trowbridge report

ALEX BURKE  |  FRIDAY, 27 MAR 2015
... commissions, even if capped," ISA chief executive Robbie Campo said. "Conflicted remuneration structures are the primary cause of poor advice in Australia, featuring in every major advice scandal of the past decade. If allowed to remain, they will continue ...