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Showing 111 - 120 of 4237 results for "Poor"

Super disruptors throw in the towel

KARREN VERGARA  |  THURSDAY, 9 FEB 2023
... members to the first superannuation fund they joined and also made it harder for disruptors to attract new members. "But poor product design didn't help either," Dunnin said. "The median expense ratio for disruptor superannuation products being 1.15% ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... proposed Good Advice Duty. "The good advice duty isn't nearly good enough. People want access to independent help to avoid poor quality products. This model will entrench the kinds of conflicts that led to the Royal Commission," O'Halloran said. ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
... investigation of the clients' circumstances before providing the advice, according to ASIC, adding that in some cases, the poor advice resulted in the clients' SMSFs being insufficiently diversified and exposed to risk of capital loss. "Advice ...

APRA outlines 2023 super priorities

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... stress. Alongside the annual performance test, APRA will also continue to hold trustees to account in addressing drivers of poor product performance via the transparency provided on performance metrics in its MySuper and Choice Heatmaps. It will publish ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
... often-expressed view is that Australian companies are not investing because shareholders want high dividends, and this could be causing poor profit growth & share returns... This is unlikely," he said. "The dividend payout ratio (i.e. dividends relative ...

Norwegian wealth fund reports -14.1% return

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... return of -14.1% for the year, the fund said it was 0.88 percentage points better than its benchmark index. The fund cited the poor performance of both its equities and fixed income investments, returning -15.3% and -12.1% respectively. Its total real ...

Cold calling advice firms called out

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
The Australian Institute of Superannuation Trustees (AIST) is calling on the government to extend anti-hawking laws to combat financial advice firms using third parties to solicit business through cold calling. Unsolicited calls to consumers about superannuation ...

Skill shortage to continue to cost Aussie companies

CASSANDRA BALDINI  |  MONDAY, 30 JAN 2023
... the workforce while only 3% of employers identify encouraging Indigenous people, people with disabilities and those with poor English skills back into employment. "Companies must hire candidates based on their potential to grow into a role and invest ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... and concerns related to Diversa's ability to deliver quality member outcomes, including in relation to high fees and poor investment performance. They seek to codify recommendations of a third-party review of Diversa's operating model, APRA said. ...

Salary inflation becoming S issue for ESG managers

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
... increasingly being tied to management bonuses, plus also, if WorkSafe shuts you down, there's a real financial impact to poor safety outcomes too." Ausbil views health and safety issues as a lagging indicator of overall management quality issues ...