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Showing 2001 - 2010 of 2625 results for "RECOGNISE"

AMP elevates insurance for mining industry

RACHEL DAVIS  |  MONDAY, 14 MAY 2012
... their specific job and its requirements. "Reclassifying Elevate's mining occupations is a reflection of the fact we recognise there are specific occupations where offering longer benefits are appropriate given the workers' skills and experience," said ...

OnePath upgrades insurance offering

LINDA HAUSKEN  |  FRIDAY, 11 MAY 2012
... includes a new TPD cover, Business TPD which allows for cover up to $10 million. "We have made this upgrade because we recognise that business owners often need higher level of TPD cover to protect their personal and business commitments," said Gerard ...

Compensation report finds against last resort scheme

RACHEL DAVIS  |  WEDNESDAY, 9 MAY 2012
The St. John report on compensation arrangements for consumers of financial services recommends strengthening existing compensation arrangements before implementing a 'last resort' scheme. The Compensation Arrangements for Consumers of Financial Services ...

Gap increasing between consumers and cost of advice

LINDA HAUSKEN  |  WEDNESDAY, 9 MAY 2012
... clear gap between the expected and actual cost of advice," said Investment Trends senior analyst Recep Peker. "Planners recognise this, and two in five intend to provide more transactional and single issue advice in the future. "Australians who have ...

Budget: Calls for SuperStream levy dialogue

BEN COLLINS  |  WEDNESDAY, 9 MAY 2012
... SuperStream levy is necessary to facilitate the reforms. "We support the implementation of SuperStream reforms in full and we recognise that those reforms obviously come with a cost. That cost will be direct to the industry, in terms of upgrades to their ...

Wealth down as ANZ records bumper profit

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
... Smith said the bank is adapting to the changing financial landscape that has impacted both customers and staff. "We do recognise that adapting to this environment creates major challenges. Our recent decisions on interest rates for customers in Australia ...

APRA releases draft prudential standards

LINDA HAUSKEN  |  MONDAY, 30 APR 2012
The Australian Prudential Regulation Authority has released its proposed prudential standards, open to industry response until July 20. The regulator said it is proposing to introduce prudential standards covering topics common to other APRA-regulated ...

Trustee reforms risk being neutered

ALEX DUNNIN  |  THURSDAY, 26 APR 2012
... relevant to super fund members when it is paid from the trust/fund and should be disclosed". Should the reforms not recognise these structures it is therefore highly likely all super funds will simply shift to a trustee company design and perhaps even ...

Market solutions favoured in OTC derivative reform

MELANIE TIMBRELL  |  FRIDAY, 20 APR 2012
The Council of Financial Regulators has recommended a preference for market-led solutions, in part driven by appropriate regulatory incentives to comply with a G20 commitment on OTC derivatives. The Government released the consultation paper yesterday ...

YBR launches savings fund

ELISE BURGESS  |  FRIDAY, 13 APR 2012
... annum for platform investors. The fund also has no transaction fees, although it does have an investment cost. "Experts recognise that Australian savings have earned sub-par returns, and have been overexposed to the vagaries of the share market. It is ...