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Showing 201 - 210 of 309 results for "Merit"

Brogden reveals thinking behind FWC legal challenge

JAMES FERNYHOUGH  |  WEDNESDAY, 30 APR 2014
... bank owned super funds can exploit business banking relationships to sell their super products and avoid any independent merit based assessment of superannuation products." She went on: "The banks' preference for a 'free for all' where bank employed ...

FSC and ISA clash over super and awards

LAURA MILLAN  |  THURSDAY, 24 APR 2014
... suited for overseeing the selection process." In response, ISA chief executive David Whiteley said that "seeking to halt a merit based assessment of default super products follows on from the banks' failed efforts to wind back financial advice laws and ...

ISA 'deeply concerned' over banks' MySuper campaign

JAMES FERNYHOUGH  |  WEDNESDAY, 23 APR 2014
... filter". "The default fund system must act in the best interests of Australian employees. Central to this is a transparent, merit based quality filter that ensures only the best funds can become default funds," he said. "The major banks oppose a quality ...

Protection needed if pension age increased: AIST

LAURA MILLAN  |  TUESDAY, 15 APR 2014
... inevitable that the preservation age is lifted in line with a higher retirement age, there may be a need to consider the merit of early release provisions for those in genuine need who meet specific criteria to determine involuntary retirement," Garcia ...

AMP Capital launches new adviser research tool

STAFF WRITER  |  MONDAY, 14 APR 2014
AMP Capital has launched a new online resource centre to help financial advisers have more meaningful investment conversations with their clients. Sitting on AMP Capital's website, the Adviser Resource Centre provides financial advisers with easy access ...

ICAC grills Sinodinos on $20 million inducement

JAMES FERNYHOUGH  |  FRIDAY, 4 APR 2014
Former assistant treasurer Arthur Sinodinos has said it "never occurred" to him to disclose to New South Wales Premier Barry O'Farrell that he stood to earn a $10 to $20 million commission if Australian Water Holdings (AWH) won its bid to participate ...

MLC appoints new GM of advice groups

JAMES FERNYHOUGH  |  MONDAY, 24 MAR 2014
MLC has appointed Ross Barnwell as its new general manager of advice partnerships, replacing Peter Smith. In his new role Barnwell will oversee MLC's aligned advice dealerships, including Apogee, MLC Financial Planning, Godfrey Pembroke, Garvan Financial ...

PC examines Weaven's 'inverted bid' infra model

JAMES FERNYHOUGH  |  MONDAY, 17 MAR 2014
... intermediaries, including the manager." ISA also argued that it would lower the cost of bidding. While the PC said there was "merit in further examining ways of involving long-term equity at an earlier point in financing public infrastructure," it highlighted ...

FOS model outdated, in need of major change

LAURA MILLAN  |  WEDNESDAY, 12 MAR 2014
The current Financial Ombudsman Services (FOS) model is in need of major changes in order to meet industry and consumer expectations, an independent review found. The review conducted by Cameron Ralph Navigator (CRN) is the first independent review ...

ASIC enhances whistleblower communication

LAURA MILLAN  |  WEDNESDAY, 19 FEB 2014
... information to the regulator. He also outlined the difficulties of giving whistleblowers financial protections or rewards. "I see merit in this option provided that what they can get is real comfort," Medcraft noted. "But now what they can get as a percentage ...