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Showing 111 - 120 of 2393 results for "Protection"

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
On the back of yesterday's heatmaps from APRA, Industry Super Australia (ISA) has said it's clear that closing funds to new members is a Choice sector business model, not a punishment. The Choice heatmaps revealed two thirds of products that are closed ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... disadvantage. Secondly, most of a client's retirement capital isn't likely to be used in the short-term when the protection from volatility that a term deposit offers can make sense," he said. "Even a 60-year-old who is retiring immediately may ...

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
... coverage. In 2021, over 10,000 death benefit insurance claims totalling $1.4 billion were paid, and more than 19,000 income protection claims were paid. Also, around 16,000 TPD benefit payments were made from superannuation funds amounting to over $2.2 ...

AIA launches retail rewards program

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... the policy and a discount of up to 17% on some bundled products. Healthier Life Reward forms part of AIA's Priority Protection portfolio. In an update to Priority Protection, AIA has amended past and future medical definition pass-back upgrades, whereby ...

Finfluencer barred from running online advice business

CHLOE WALKER  |  FRIDAY, 14 APR 2023
... with the law and may face ASIC enforcement action when they are not," she said. "Financial services laws exist for the protection of investors." Proceedings against Scholz were first filed in December 2021.

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
ASIC cancelled the financial services licence of Binance following concerns about the cryptocurrency exchange's operations in Australia. Effective April 6, the AFSL of Oztures Trading, which trades as Binance Australia Derivatives, was cancelled. From ...

Digital advice association in the works

CASSANDRA BALDINI  |  TUESDAY, 11 APR 2023
... benefits for consumers and advisers; and also broadening the understanding of how digital advice improves consumer protection and reduces conduct risk at the same time. "I appreciate our definition is not the only definition," he said. "But we define ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Industry groups have welcomed the Your Future, Your Super (YFYS) review's focus on consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for ...

Harvest Lane backs US cybersecurity firm

CHLOE WALKER  |  TUESDAY, 4 APR 2023
... Votiro's chair Chris Fedde said: "True zero trust content security in the cloud has changed how companies can think about protection from weaponized files." "It's also changed how investors look at Votiro, as the company has now transitioned from strategic ...

BlackRock eyes new ETF products

ANDREW MCKEAN  |  TUESDAY, 4 APR 2023
... the share price return of the iShares Core S&P 500 ETF up to an approximate upside limit, while providing downside protection against the first 5% of the underlying ETF over each calendar quarter. The BlackRock large Cap Deep Buffer ETF also seeks to ...