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Showing 1601 - 1610 of 6939 results for "% December"

ASIC prepares industry for claims handling law

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The corporate regulator has released more information to help life insurers and financial advisers adapt to new regulation when handling insurance claims. ASIC's information sheet and consultation paper C12 Proof: Claims Handling and Settling Service ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
The federal government has released its draft legislation for the Your Future, Your Super reforms, opening the industry consultation period until December 24. The package of reforms, which was unveiled in the 2020-21 budget, has four main components ...

Life insurance performance plummets

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
The life insurance industry has continued to take a hit to profit, with risk products reporting significant losses. The Australian Prudential Regulation Authority's (APRA) latest quarterly life insurance performance statistics paint a bleak picture ...

Aware Super cuts carbon emissions by 40%

ELIZABETH MCARTHUR  |  THURSDAY, 26 NOV 2020
Australia's second largest super fund has managed to reduce the carbon footprint of its equities portfolio by 40%. The $130 billion industry fund (formerly First State Super) has created a series of new listed equities benchmarks that will support the ...

Zurich to pay super on parental leave

JAMIE WILLIAMSON  |  TUESDAY, 24 NOV 2020
Employees of Zurich Australia will have access to a new Family Care Policy, including paid leave for all circumstances related to growing their families and continuation of super contributions on unpaid leave. From December 21, the Family Care Policy ...

Chief economist update: The virus, the vaccine and Trump

BENJAMIN ONG  |  MONDAY, 23 NOV 2020
It's quite a delicate balance - akin to the "will it, won't it" speculations on Fed policy decisions BC (before COVID) - but it appears that the dying days of 2020 swing between optimism and pessimism depending on which side of the bed financial ...

Responsible entity fined $2m

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
A court has found Theta Asset Management and its managing director contravened the Corporations Act on multiple occasions in authorising the issues of five defective Product Disclosure Statements (PDSs). The court has ordered Theta to pay a penalty ...

New trustee for Spaceship

KARREN VERGARA  |  THURSDAY, 19 NOV 2020
Spaceship Super is aiming to achieve better member outcomes with the appointment of a new trustee. Spaceship Super will replace Tidswell Financial Services with Diversa on December 18 in a bid to streamline the business and ultimately improve efficiency ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
ASX-listed Generation Development Group has confirmed its intention to wind up Ascalon Capital Managers, just two years after acquiring it from Westpac. It also announced plans to launch an income fund and a lifetime annuity. Generation has announced ...

ASIC charges BitConnect Australia lead

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
The former BitConnect Australian national promoter has been charged by ASIC for operating an unregistered investment scheme and making false statements. John Bigatton promoted the online cryptocurrency platform prior to its collapse in early 2018. It ...