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Showing 2071 - 2080 of 7046 results for "Insurance"

NAB hit with extra billion in remediation

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
... billion. Non-compliant advice and adviser service fees also contributed to the remediation bill along with consumer credit insurance sales. NAB said the remediation is expected to reduce 2H19 cash earnings by an estimated $1.12 billion after tax and ...

IOOF expects to reappeal timber case

KANIKA SOOD  |  MONDAY, 30 SEP 2019
... company filings on Friday. "IOOF is currently considering this with its insurers. The maximum exposure to IOOF, net of insurance proceeds, is approximately $16.5 million," it said. "IOOF is considering all available legal options and expects to appeal ...

Put risk on the super comparison table: AMP

HARRISON WORLEY  |  THURSDAY, 26 SEP 2019
... red, amber and green traffic lights or heat maps - needs to go beyond returns, fees and charges, sustainability and insurance, and include risk. Wade noted that different members have different risk appetites, and that as such consumers needed to be ...

Bennelong boutique scores first insto mandate

KANIKA SOOD  |  THURSDAY, 26 SEP 2019
... our portfolio benefits greatly by being early adopters of high quality managers such as Quay." Avant Mutual provides insurance to medical professionals, including indemnity insurance, and life insurance products that are issued through NobleOak. Quay ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
... five-person team, it said, is ensuring people do not end up in underperforming funds and improving the quality of life insurance policies offered through superannuation. Australia currently has four major superannuation industry lobby groups representing ...

Technology coming for advice jobs

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 SEP 2019
... Steller thinks the pace of technological change will extend to all areas of financial related advice including super and insurance. "It is becoming less and less cost efficient for financial services companies to provide advice prepared and delivered ...

Super expert re-joins Mercer

HARRISON WORLEY  |  TUESDAY, 24 SEP 2019
... services firm. Jenkins' new role will see him provide super funds with "strategic consulting advice" such as changes to insurance and member outcome requirements. Mercer institutional wealth leader Simon Eagleton said Jenkins' appointment was ...

Businesses warned to avoid dud funds

ELIZA BAVIN  |  MONDAY, 23 SEP 2019
... paying $35 billion per year in fees, almost as much as we pay towards the aged pension. We pay another $10 billion in insurance premiums. A combined cost of $45 billion per year to our superannuation funds and the insurers they work with." A live poll ...

Senate secures members' interest changes

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interests First super reforms passed through the Senate yesterday. The Senate passed ...

Support staff should meet FASEA standards

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
... working in advice should read the 100 pages of the Royal Commission report that apply to advice. When it comes to life insurance advice, Ashenden explained Commissioner Kenneth Hayne's recommendation that ASIC is due to review life insurance advice in ...