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Showing 1521 - 1530 of 2284 results for Alex Burke

SuperStream sees 70% of member contributions

ALEX BURKE  |  WEDNESDAY, 16 MAR 2016
Over 70% of members' superannuation contributions to APRA-regulated funds are being sent through SuperStream, according to ATO figures. The new electronic payment standard saw 22.8 million contribution transactions in the September 2015 quarter alone. ...

Senate recommends immediate adviser bans following "bitter harvest"

ALEX BURKE  |  TUESDAY, 15 MAR 2016
The Senate Economics References Committee has recommended legislative amendments which would allow ASIC to immediately suspend a financial adviser if "egregious misconduct" is suspected. Released today, the committee's report on the agribusiness managed ...

Risk sales were flat in 2015

ALEX BURKE  |  TUESDAY, 15 MAR 2016
Overall life/risk insurance product sales were flat throughout 2015, according to DEXX&R research. DEXX&R's Life Analysis Report is based on the data provided for all business from Australian life insurance companies, and reveals that individual sales ...

ANZ appoints PwC for OnePath compliance review

ALEX BURKE  |  TUESDAY, 15 MAR 2016
ANZ has appointed PwC to conduct an independent review of its compliance processes in its OnePath businesses. ASIC raised concerns following ANZ breach reports in 2013 to 2015 regarding life and general insurance, superannuation and funds management ...

HUB24 signs white label deal with Lifespan

ALEX BURKE  |  MONDAY, 14 MAR 2016
HUB24 has announced a white label partnership with Lifespan Financial Planning. The agreement means HUB24 will now provide investment administration and managed portfolio services for the $1.5 billion advice network, which employs 140 authorised representatives ...

Perennial proposes Century restructure

ALEX BURKE  |  MONDAY, 14 MAR 2016
Perennial Value Management has submitted a restructure proposal to Century Australia Investments. In an ASX statement, Perennial said that while Century "has historically operated independent of the investment manager," the proposal "would be to the ...

Market slide widens super performance gap

ALEX BURKE  |  MONDAY, 14 MAR 2016
Recent lower listed market returns are highlighting the performance gap between retail and not-for-profit superannuation funds, according to Rainmaker research. In the month to 31 January, the Rainmaker SelectingSuper workplace default option MySuper ...

CommInsure enhances claims process

ALEX BURKE  |  FRIDAY, 11 MAR 2016
In response to recent media coverage, CommInsure chair Geoff Austin has apologised to affected customers and said "the concerns raised in the recent cases reported are not a reflection of the values of our people or our business." Austin added, "We ...

AFA calls out ISA on claims blame

ALEX BURKE  |  FRIDAY, 11 MAR 2016
Association of Financial Advisers chief executive Brad Fox has dismissed Industry Super Australia's calls to connect adviser remuneration with insurance claim decisions. Arguing that linking the two is "like blaming a petrol station for a driver who ...

ASIC tightens Macquarie's AFSL

ALEX BURKE  |  FRIDAY, 11 MAR 2016
ASIC has announced additional conditions on Macquarie Bank's Australian financial services licence following an investigation. ASIC investigated several Macquarie breach reports between 2004 and 2014 pertaining to "breaches of the client money provisions ...