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Showing 1591 - 1600 of 2995 results for "Problem"

Market Wrap

AAP  |  MONDAY, 8 JUL 2013
The Australian share market is starting the week flat, as weakness in commodity prices and mining stocks offsets gains in other sectors. US stocks rose about one per cent after better-than-expected labour force data on Friday showed more jobs were created ...

Banks missing super cross-selling opportunities

ALEX DUNNIN  |  FRIDAY, 5 JUL 2013
... specialist providers such as Industry Funds, Public Sector Funds, AMP and Self Managed Superannuation." Morris said the problem confronted by the banks could be that their superannuation brands appear disconnected to their home bank's brand. "The branding ...

Stronger Super look-through requirements may erode competitive edge

JAMES FERNYHOUGH  |  FRIDAY, 5 JUL 2013
The federal government's comprehensive look-through requirements, due to come in on July 1 2014, may compromise confidentiality agreements and erode members' returns, according to Graeme Miller, Towers Watson's director of investment services Australia. ...

Corporate super advisers see revenue decline under FoFA

LAURA MILLAN  |  THURSDAY, 4 JUL 2013
The survival of corporate superannuation advice is at stake after the recent Future of Financial Advice (FoFA) and MySuper regulatory changes have made it difficult for advisers to secure revenue. Corporate super advisers provide tendering services ...

BT overcharged customers, refunds $2.3m

LAURA MILLAN  |  TUESDAY, 2 JUL 2013
... million to its investors and 1,890 of them have already been compensated for an average of $1,217 each. BT discovered the problem and reported to the Australian Securities and Investments Commission (ASIC). The financial group undertook a review to identify ...

Insurers and super funds tackle costs of mental illness

JAMES FERNYHOUGH  |  FRIDAY, 28 JUN 2013
... or not - costs an employer about $9000 a year. It is therefore in the interest of insurers and employers to tackle the problem before it becomes an issue. A big part of this, Lydon said, is making the work environment a positive place. "Work is good ...

Gonski urges Australia to look long-term

MARK SMITH  |  FRIDAY, 28 JUN 2013
The Australian financial services industry is too focused on short-term results and must find ways to focus on and promote long-term success for investors, according to David Gonski. The chair of the Future Fund board of guardians said the investment ...

Endowment bond product frees SMSFs to add risk

MARK SMITH  |  THURSDAY, 27 JUN 2013
... school fees, a holiday or a large purchase, we see the greatest application in retirement planning," said Duchesne. "The problem with non-outcome based investments is the risk of having to drawdown at the worst possible time after market crashes. We ...

Class Super beats BGL to launch automated property valuator

JAMES FERNYHOUGH  |  WEDNESDAY, 26 JUN 2013
Self-managed super fund (SMSF) software provider Class Super has teamed up with property valuator RP Data to launch an automated property valuations service for SMSFs, ahead of BGL's planned launch of a similar service in two weeks. Class Super chief ...

Russell appoints three to actuarial team

MARK SMITH  |  TUESDAY, 25 JUN 2013
... investment markets. This has resulted in a reduced focus on number crunching and an increased focus on a more collaborative problem-solving approach." Russell actuaries consult to seven of the ten largest Australian corporate superannuation funds, as ...