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Showing 1861 - 1870 of 5859 results for "Short"

Remembering Ron Grima

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2019
... commitment and support of financial advisers, respected business development veteran Ron Grima passed away on July 2 after a short battle with motor neurone disease. Most recently a business development manager on Australian Unity's life and super team ...

Increasing SG costly for middle Australia: Grattan

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
Lifting the Superannuation Guarantee will make middle-income earners poorer over their entire lifetime, new Grattan Institute research shows. Raising the SG from 9.5% to 12% would see a 30-year-old worker fork out $30,000 over their lifetime, Grattan ...

MLC faces class action over adviser fees

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
... In charging fees to members in order to pay these adviser commissions, the class action will allege that the trustee fell short of this obligation." IMF Bentham investment manager Ewen McNee said: "Even small changes in fees can have a substantial impact ...

Putting Members' Interests First Bill reintroduced

KARREN VERGARA  |  FRIDAY, 5 JUL 2019
... young people - for paying for insurance they may not need." However, the legislation is "too blunt and the timeframe is too short", she said, adding that younger people in risky occupations do get injured and make claims. "The legislation needs to contain ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
... financial crisis in February 2009." "On that occasion, cheques of $950, worth a combined $8.1 billion, were mailed out over a short period of time, boosting the struggling retail sector which reported a 2.6% jump in sales in March 2009. Richardson said ...

Chief economist update: The back-to-back rate cuts Australia has to have

BENJAMIN ONG  |  WEDNESDAY, 3 JUL 2019
... important to preserve some room for maneuver for more serious downturns". According to Reuters: "Carstens also said the possible short-term gain of lowering borrowing costs had to be balanced against the potential risks in terms of asset misallocation ...

MySuper eyes SMSF stronghold

KARREN VERGARA  |  THURSDAY, 27 JUN 2019
... that remains unchanged since March 2017. NFPs surpassed retail's performance over three and five-year periods. Over the short term however, retail outperformed NFP MySuper products over the quarter and in the 12 months to March 2019, the report said. ...

PDS should reflect PYSP changes: ASIC

KARREN VERGARA  |  MONDAY, 24 JUN 2019
... manner that is in accordance with its duties to members, whether that is by making changes to fee structures or via (in the short term) the use of an appropriate reserve," APRA said.

Associations raise member outcomes concern

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... around the annual business performance review into the business plan on a rolling three-year basis, as well as factoring in short-term annual results into longer-term strategic planning; and The timing risk involved in sequencing all the obligations ...

Culture isn't everything: ASIC

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
... things, you shouldn't be surprised that they do them." The ASIC veteran said he was also concerned with companies who focus on short-term financial results "to the exclusion of anything else", noting APRA's prudential report into the Commonwealth Bank ...