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Showing 1241 - 1250 of 4430 results for "Poor"

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... released this Wednesday. Promontory Financial Group will review the processes of CBA's compensation program to victims of poor financial advice between 2003 and 2012. The group will also report periodically on the outcomes of the program, CBA informed. ...

CBA, ASIC unveil details of new compensation scheme

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... of the new licensing conditions for its financial planning businesses after the original process to compensate victims of poor advice was found to be inconsistent. Commonwealth Financial Planning (CFPL) and Financial Wisdom (FW) will have to reopen the ...

Super tax in firing line

MARK SMITH  |  FRIDAY, 8 AUG 2014
Superannuation is likely to be in the firing line as the Federal government looks for tax savings in a bid to repair the fiscal state of the economy, according to BT chief economist Dr Chris Caton. "The generosity of the super taxation structure will ...

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

BENJAMIN ONG  |  FRIDAY, 8 AUG 2014
I'll be ROFL - rolling on the floor laughing - this morning if not for the fact that it's the big boys playing with nuke toys that are escalating their tit-for-tat aggression... even if they hurt themselves in the process. Instead, me, myself and I ...

Simplify your products, life insurers told

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
... on awards such as Life Company of the Year may be having a negative impact by driving complexity in products, as well as poor underwriting decisions. However, Laughlin conceded the current crisis wasn't all the fault of life companies. "The issue of ...

NGS launches income-focused retirement product

JAMES FERNYHOUGH  |  TUESDAY, 5 AUG 2014
... cash rate, while having a priority of capital preservation over capital return and aiming to limit negative returns during poor investment environments. NGS Super chief executive Anthony Rodwell-Ball said the product was developed in response to a "huge ...

FEATURE: Guiding the way to aged care

LAURA MILLAN  |  FRIDAY, 1 AUG 2014
... that the calculations have shifted from an income focus to an asset focus. "Older people are often asset rich but income poor. As superannuation savings, work and the Age Pension is only expected to meet the personal expenditure costs, our home will ...

Market Wrap PM

AAP  |  THURSDAY, 31 JUL 2014
... its subsidiary Bank of Moscow and Russian Agricultural Bank. All three are controlled by the Russian government. Standard & Poor's has declared Argentina in "selective default" on its bonds, as the country passed the final deadline for making a $US539 ...

ASIC puts an end to PIS monitoring program

LAURA MILLAN  |  TUESDAY, 29 JUL 2014
... regulatory requirements for personal advice, the effectiveness of its advice audit and pre-vet functions and its remediation of poor advice," ASIC said. The Centrepoint-owned group previously had gone through an enforceable undertaking from December ...

Market Wrap AM

AAP  |  MONDAY, 28 JUL 2014
... reacted to a huge tie-up of the continent's pay-TV sector. In Paris, the CAC 40 shed 1.82 per cent to 4,330.55 points after poor company results. Frankfurt's DAX 30 index lost 1.53 per cent to 9,644.01. London's benchmark FTSE 100 index dipped 0.44 per ...