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Showing 1541 - 1550 of 3409 results for "Response"

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... entered into a contract on any terms," Hayne said in the report. The government has agreed to the recommendation in its response. "...while appropriate disclosure is important to ensure that insurers are able to appropriately price the risks being underwritten ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
... credit and continuing to promote competition." He said the Royal Commission's final report, and the Government's response, "strengthen and expand the protections for consumers, small business and rural and remote communities." "Second, they raise ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... and industry funds without a life beyond their award deal will be reviewing their superannuation value propositions. In response we should see electrified activity in managed accounts, robo-advice and anything digital. The decision by several big wealth ...

Grandfathered commissions to be banned

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... There can be, and is, no justification for maintaining the grandfathering provisions." Hayne said submissions made in response to the interim report supported ending grandfathered commission payments to financial advisers and from superannuation accounts. ...

Hayne recommends new regulatory overseer

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... responding to the report, APRA said it would take time to review the report's recommendations before issuing a more detailed response. However, the prudential regulator said it was pleased many of the report's recommendations align with submissions it ...

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... Productivity Commission in its final report into superannuation competition and efficiency. The Government's official response said it agreed to conduct regular capability reviews of APRA going forward, with former ACCC chairman Graeme Samuel to ...

Challenger boutique appoints chief operating officer

KANIKA SOOD  |  THURSDAY, 31 JAN 2019
... the ActiveX banner as Fidante dipped its toes in active ETFs to raise capital for its funds. XARO was met with lukewarm response from investors, raising a little over $1 million since. The boutique added two people to its team in September. Deutsche ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  THURSDAY, 31 JAN 2019
... developments and muted inflation pressures" - begot a Fed reaction, the Fed's recent action has had a positive market response. The Dow's up 1.8%; S&P 500's up 1.6%, the Nasdaq's up 2.2% and the Russell 2000's up 1.1%. Optimism is ...

Advisers question value of best interests duty

DARREN SNYDER  |  WEDNESDAY, 30 JAN 2019
One in five financial advisers disagrees or strongly disagrees the best interests duty was necessary to raise industry standards. And more than 70% believe the duty has not improved advice quality. These are two of 11 findings from research released ...

Industry Super Australia attacks Future Fund concept

HARRISON WORLEY  |  TUESDAY, 29 JAN 2019
... percentage points, with average returns for the seven years to 30 September 2018 at 10.7%. ISA said its insight comes in response to widespread speculation the Future Fund could be opened up to more Australians as a default superannuation fund. ISA chief ...