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Showing 1471 - 1480 of 4517 results for "Cover"

What people really think about life commissions

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... by the desire to build up investments. That was followed by saving for retirement at 50%. However, advisers offering life cover may have a bit of a harder time - only 46% were driven to pay a fee to their adviser by life insurance. Interestingly, 72% ...

Family office manager hires Discovery director

KANIKA SOOD  |  FRIDAY, 17 JAN 2020
A Sydney firm that manages money for family offices and high-net-worths has hired a portfolio manager from Discovery Asset Management which shut shop last year. Peter Moller has joined Harper Bernays, which describes itself as one of Australia's "oldest ...

Analysts remain wary as ASX breaks 7000

ALLY SELBY  |  FRIDAY, 17 JAN 2020
The S&P/ASX 200 Index has broken the 7000 mark following news of Trump and China finally signing a trade deal, but analysts remain wary of the new record high. The Index gained 47 points on Thursday to finish at 7041.8, setting a new record high for ...

Insurers halt sales to fire-affected areas

ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2020
... their homes are destroyed. Speaking to Financial Standard a Suncorp spokesperson said: "Insurance is intended to provide cover for unforeseen events. When a significant weather event is extremely likely or imminent, and therefore no longer unforeseen ...

Bank of Mum and Dad forking out serious dosh

ALLY SELBY  |  TUESDAY, 14 JAN 2020
More young Aussies are turning to their parents, the appropriately dubbed 'Bank of Mum and Dad', to help secure equity for a first home deposit, and financial advisers are split on the growing trend. For some, the lucky few, the money for the ...

Industry fund ups fees ahead of merger

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... cost of insurance," the fund said. Members between the ages of 27 and 55 will see the cost per week of their death and TPD cover increase from $7.47 to $9.06. In November last year, MTAA and Tasplan announced the merger would go ahead to create a combined ...

ASIC claims to support robo-advice

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
In a submission to the Select Committee on Financial Technology and Regulatory Technology, ASIC has claimed it is "supportive" of robo-advice, though harbours concerns around its ability to meet the best interests duty. The regulator said it has met ...

FSC, super sector steps up for bushfire affected

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
Major players in the wealth management industry are taking steps to help those affected by the ongoing bushfires, with the crisis also sparking debate over whether early access to superannuation savings should be made available. This week the Financial ...

ASIC bans former Charter, NAB adviser

KANIKA SOOD  |  WEDNESDAY, 8 JAN 2020
... arrangements. When providing insurance advice, he failed to prepare a needs analysis or objectively assess what level of insurance cover would achieve his clients' needs, ASIC said. "One of Mr O'Brien's clients had their cover declined for ...

Industry digs deep amid bushfire crisis

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... homes access to cash and ongoing support. NAB customers who have lost their home can immediately access $2000 grants to help cover the costs of temporary accommodation, food and clothing. "I have heard the grief in our bankers' voices as they grapple ...