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Showing 2061 - 2070 of 6733 results for "Review"

Hume clarifies survival of the fittest in MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... themselves," she said. Hume said in the future the government would consider the Productivity Commission's recommendation that a review into insurance in super be conducted, and she did not rule out further reform for the sector. "We will keep reforming ...

REI Super ups insurance premiums

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... be disappointing." REI Super chief executive Jarrod Coysh said the fund has been successful in negotiating an 18 month review with MetLife to potentially revise down insurance costs. "As you would be aware there has been an industry wide assessment and ...

BT head of platforms departs

JAMIE WILLIAMSON  |  WEDNESDAY, 7 OCT 2020
... including serving close to a decade with BT. Kotsopoulos' departure comes at a time when BT is undertaking a strategic review of a number of business divisions, including its platforms business. Financial Standard profiled Kotsopoulos earlier this year ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... role of superannuation," said ASFA chief executive Martin Fahy. "In the absence of the release of the Retirement Income Review and the lack of specificity in the Budget papers, it is unclear how the changes will work in practice or what the implications ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... best interests. The budget did not go into details on this. What is missing or delayed: ERS extension, Retirement income review, CIPRs, Eligible Rollover Funds The budget did not extend the early release of superannuation (ERS) scheme past 31 December ...

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
A listed investment company with a 33-year history has announced its board will now undertake a strategic review of the fund's structure and operations, after an extended period of poor returns. The Templeton Global Growth Fund (ASX: TGG) returned -11.38% ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
... opportunity to set their expectations as ANZ will announce a new fossil fuel policy in late October, while NAB intends to review its oil and gas policy. While just Commonwealth Bank and Westpac have disclosed Paris-aligned thermal coal exposure reduction ...

Insurers prepare for tragic COVID-19 fall-out

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
Life insurer MetLife is preparing for an increase in mental health claims in the wake of COVID-19, with the insurer acknowledging the psychological toll of financial hardship. "There is a direct connection between financial wellbeing and mental health. ...

Trustees cutting corners: Rowell

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
The prudential regulator has lambasted superannuation funds for not taking underperformance seriously and failing to compare themselves accurately against their peers. APRA deputy chair Helen Rowell said that many superannuation funds are overlooking ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... Group Holdings, AMP Group Finance Services and AMP Bank from A3 to Baa2. However, it shifted its outlook of the group from review for downgrade to stable. AMP responded to the downgrade, noting that its credit ratings assigned by other agencies remained ...