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Showing 1591 - 1600 of 6588 results for "Review"

AMP Capital GEFI sold to Macquarie

JAMIE WILLIAMSON  |  THURSDAY, 8 JUL 2021
... records, we're pleased to deliver such a positive outcome for our clients, our GEFI teams and AMP shareholders. Our review of the GEFI business last year showed it had strong investment capabilities and performance but needed greater scale and broader ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... to Statements of Advice. The association points to the regulators' joint letter dated June 30, which advised trustees to review SOAs with respect to new advice fees charged to members' superannuation accounts. AFA acting chief executive Phil Anderson ...

Class to dump MDA investment

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
The SMSF technology platform has decided to either convert or redeem its $3.1 million investment in Philo Capital Advisers after concluding it is not in the best interest of its shareholders. Class previously made the investment prior to the introduction ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
... and costs associated with providing insurance cover," BT said in a notice to members sent on July 31. "Following a recent review, the insurer determined that insurance premiums for standard cover will increase by 13.1% from 1 August 2021." BT Super for ...

ASIC announces advice affordability findings

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
ASIC has revealed the major concerns of financial advisers in making advice more affordable following its nine-month review. In an effort to provide consumers access to good quality and affordable financial advice, the corporate regulator unveiled its ...

Westpac sells NZ life business

JAMIE WILLIAMSON  |  TUESDAY, 6 JUL 2021
... locally owned insurer, the cornerstone investor of which is NZ Super Fund. The decision to sell follows a comprehensive review of Westpac's entire New Zealand business which it had originally intended to demerge, citing increased regulatory requirements. ...

Stop abusers hiding super: AIST

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
... would progress this measure in 2018. AIST's position on the proposed law change is also backed up by the Retirement Income Review. The submission quotes the Retirement Income Review, saying: "The process of discovering a former partner's superannuation ...

ASIC consults on market integrity rules

ANNABELLE DICKSON  |  THURSDAY, 1 JUL 2021
... reporting and client authorisations. Lastly, it recommends making adjustments to ASIC-made rules generally, covering merits review, waivers and penalty amounts for breaches of the rules. "The consultation will assist ASIC to form its final position on ...

AIA appoints head of strategic partnerships

KANIKA SOOD  |  WEDNESDAY, 30 JUN 2021
... In her new role at AIA, Hancox will be a part of the group distribution team. AIA said it has recently done a strategic review of the group insurance distribution team. "Harumi is experienced, progressive and passionate about group insurance and ensuring ...

Qantas Super introduces passive option, drops fees

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... will see savings of 13.1% or $28, while a member with $500,000 in super would save $150 or 12.5%. Finally, following a review by Willis Towers Watson as part of the airline's pandemic recovery plan, Qantas has opted to temporarily reduce the contributions ...