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Showing 1411 - 1420 of 2995 results for "Problem"

Instos offer advice at a loss to drive product sales: EY

LAURA MILLAN  |  TUESDAY, 9 SEP 2014
... the economic model of some aligned advice businesses. EY said ownership and vertical integration structures were not a problem in itself, but that conflicts arise when "inadequate transparency and disclosure to consumers of the main drivers of some adviser ...

Activist Simon Sheikh launches fossil fuel free super fund

MARK SMITH  |  THURSDAY, 4 SEP 2014
... to take one of the most powerful actions in fighting climate change, by ensuring their super is not contributing to the problem and instead forms part of the solution," he said, adding that some funds marketing themselves as 'ethical' or 'sustainable' ...

Big four fail in cross-selling retail super funds

LAURA MILLAN  |  THURSDAY, 4 SEP 2014
... Morris predicted that "competition between banks and their specialist competitors in superannuation is likely to remain a problem for improving cross-sell in this market." AMP holds 5.8% of NAB Group clients' superannuation balance, but the figure increases ...

Insurance through super saves $403 million

STAFF WRITER  |  FRIDAY, 29 AUG 2014
... and permanent disablement (TPD) sums insured and 59% of income protection monthly benefits. "Underinsurance is a real problem for individuals and for governments, which absorb the cost of underinsurance through the provision of social security services. ...

Higher education will not fix advice industry problems: Accountants

LAURA MILLAN  |  WEDNESDAY, 27 AUG 2014
Mandatory education requirements for financial planners will not eliminate the problems that the financial advice sector has experienced in recent years, the Chartered Accountants Australia and New Zealand (CAANZ) said in a submission to the Financial ...

CBA looks for plaintiffs to assist in remediation process

LAURA MILLAN  |  MONDAY, 25 AUG 2014
Commonwealth Bank (CBA) is in advanced discussions with a number of plaintiff law firms that will act as independent consumer advocates in the Open Advice Review program to compensate victims of poor financial advice. CBA is expecting to announce the ...

Easy money to fill in the slack at the Hole

BENJAMIN ONG  |  MONDAY, 25 AUG 2014
... unemployment is high and social cohesion at threat, pressure on the central bank to respond invariably increases." The problem, according to Fed Chair Janet Yellen is: "The assessment of labor market slack is rarely simple and has been especially challenging ...

ATO considers increasing Bitcoin control

LAURA MILLAN  |  FRIDAY, 22 AUG 2014
The Australian Taxation Office (ATO) could be asking Bitcoin and other crypto-currency holders to keep records of their transactions. The ATO has released guidance of the tax ramifications of crypto-currencies and how various parts of the tax law apply ...

Market Wrap AM

AAP  |  FRIDAY, 22 AUG 2014
The Australian market looks set to open higher, following solid gains on Wall Street overnight. At 0658 AEST on Friday, the September share price index futures contract was up 10 points at 5,615. In Australia, company earnings season continues with ...

Cap market efficiency plummets

ALEX DUNNIN  |  WEDNESDAY, 20 AUG 2014
... Australia has revealed that the financial services sector is becoming less efficient at raising capital. The cause of the problem, according to ISA, is that the Australia's capital markets are increasingly focused on trading instruments with itself rather ...