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Showing 1371 - 1380 of 2601 results for "WAI"

Idle technology leaves super fund members behind

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
As superannuation funds grapple with digital advancement, their young membership base become further disconnected from the wealth and super system, according to a Zuper co-founder. Chief product officer and co-founder Jon Holloway told yesterday's ...

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
Industry Super Australia suggests the Australian Taxation Office's approach to unpaid superannuation is becoming a moral hazard whereby employers think they can escape penalty. Testimony from the ATO at the Senate Estimates committee for economics this ...

BTFG enhances life cover application process, waives fees

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
BT Financial Group is making it easier for financial advisers and their clients to apply for life insurance. Following an update to BTFG's LifeCENTRAL+ software, advisers can now share information online and will also soon be able to apply online via ...

Lost super sits at $17.5bn

KARREN VERGARA  |  MONDAY, 15 OCT 2018
The total amount of lost and unclaimed superannuation stands at $17.5 billion, new data from the Australian Taxation Office (ATO) shows. During 2017-18, unclaimed super reduced by $420 million, with New South Wales accounting for more than $2.2 million ...

ANZ chief says remediation is "distracting"

KARREN VERGARA  |  FRIDAY, 12 OCT 2018
ANZ chief executive Shayne Elliott has admitted to a parliamentary inquiry that the bank saw its remediation programs as a "distraction" and at one point took up to 15 years to compensate some customers. This morning, Elliott told the House of Representatives ...

ASIC offers fee relief to drought-affected farmers

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
ASIC is offering assistance to drought-stricken farmers and related businesses suffering from financial hardship. The corporate regulator will offer information about available financial counselling services and provide company fee relief to those affected ...

New study taps into investor behavior

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
Four Melbourne-based researchers have tested a cognitive training scheme that could help investors overcome fixation with purchase prices and limit losses. Researchers from Monash University, University of Melbourne and La Trobe University conducted ...

State Street appoints APAC global markets lead

HARRISON WORLEY  |  THURSDAY, 13 SEP 2018
... service and operations of the Global Markets business in the region. She will report to both Asia-Pacific chief executive Wai-Kwong Seck and Lou Maiuri, the firm's global head of global markets. Commenting, Seck highlighted Hardeman's experience ...

Managed accounts could outstrip super sector on CIPRs

KANIKA SOOD  |  WEDNESDAY, 5 SEP 2018
New retirement income products from the financial advice space could arrive sooner than those from superannuation funds but there is still a long wait for both, according to State Street Global Australia. In its May budget, the Federal Government said ...

TAL enhances musculoskeletal underwriting initiative

KARREN VERGARA  |  MONDAY, 3 SEP 2018
Life insurer TAL has enhanced its musculoskeletal underwriting guidelines to manage neck pain and promote spinal health. The refreshed guidelines will enable advisers to better understand why underwriting exclusions are applied following neck pain and ...