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Showing 1831 - 1840 of 4761 results for "July 2014"

Rest restructures senior management

KARREN VERGARA  |  THURSDAY, 29 NOV 2018
Rest announced several changes to its senior leadership team including five positions being made redundant and the creation of two new executive roles. A spokesperson confirmed the following positions have been made redundant: general manager of customer ...

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
AMP has issued a clarifying statement following interim chief executive Mike Wilkins' testimony to the Royal Commission that the fees-for-no-service issue was initially expected to cost $1.2 billion and take nine years to remedy. He also flagged ...

Lenders must recognise millennial wealth strategies

DARREN SNYDER  |  TUESDAY, 27 NOV 2018
More than 12% of online investors are gearing their investment portfolio and this could double in the next 12 months, the latest Investment Trends study reveals. And millennials are playing catchup. The research house recently released its 2018 Borrowing ...

Royal Commission: ASIC rethinks negotiation tactics

KARREN VERGARA  |  FRIDAY, 23 NOV 2018
ASIC chair James Shipton has admitted the corporate regulator was too reliant on negotiating resolutions with financial services firms and flagged litigation could take precedence, the Royal Commission heard. Shipton told counsel assisting Rowena Orr ...

Philanthropic foundation names new chair

DARREN SNYDER  |  WEDNESDAY, 21 NOV 2018
As the 2018 FPA Professionals Congress begins today in Sydney, the association's philanthropic arm is welcoming a new chair. The new Future2 Foundation chair is Petra Churcher. She was previously chair of the Financial Planning Association's South Australian ...

Super fund slashes fees, switches administrator

KARREN VERGARA  |  WEDNESDAY, 21 NOV 2018
A $5.5 billion superannuation fund scrapped several fees, discounted its insurance premiums and changed administrators. EISS Super announced several changes that took effect from 1 October 2018 affecting its superannuation, pension, retirement scheme ...

Stop genetic testing questions: Poll

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
Life insurers should be banned from asking consumers if they have undertaken a genetic test, Financial Standard 's latest readership survey reveals. The majority (62%) of readers said they "agree" or "strongly agree" that life insurers should stop asking ...

Comyn promises personal accountability

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
CBA chief executive Matt Comyn told the financial services Royal Commission how he plans to overhaul the bank that was "once great" under his leadership, but flagged there might be "missteps" along the way. Comyn admitted that the pursuit of financial ...

Super fund apologises for admin error

KARREN VERGARA  |  MONDAY, 19 NOV 2018
An $80 billion superannuation fund admitted on Friday to an administrative error affecting 346 of its members. Following QSuper's investigation of more than 226,000 current and former defined benefit accounts, it was found that 246 members were ...

FSC revamps life insurer code

KANIKA SOOD  |  MONDAY, 12 NOV 2018
The Financial Services Council has released a new draft life insurance code of practice that makes 30 changes to the code in place since 2017. The second iteration of the code aims to lift the standards in product design, sales, underwriting, customer ...