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Showing 2421 - 2430 of 9316 results for "Red"

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
Services are popping up to assist consumers in getting refunds for fee for no service financial advice, junk insurance and other misconduct exposed by the Royal Commission - but they are doing it for a fee. Remediator is one such service, launching ...

Pahari's pay packet revealed

ELIZA BAVIN  |  THURSDAY, 11 MAR 2021
AMP has reported the extent of the remuneration awarded to former AMP Capital boss Boe Pahari in the 53 days he led the business. As outlined in AMP's annual report, Pahari was paid $376,000 in cash payments. While he was not entitled to a short-term ...

Quasi-mergers in APRA's sights

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
The prudential regulator has acknowledged concerns over "quasi-mergers" raised by Senator Andrew Bragg. In a letter provided to Financial Standard, Bragg contacted APRA in February to express concerns over the "quasi-merger" between Maritime Super and ...

AMP Capital Ethical Leaders dropped by another super fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
Another super fund has axed AMP Capital Ethical Leaders Balanced Fund as the sole manager of its socially responsible option, citing liquidity concerns and negative press. Mercy Super has made the decision to drop AMP Capital Ethical Leaders as the ...

APRA calls out poor group insurance practices

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
The prudential regulator has lambasted the group insurance sector for several practices it deems disagreeable, casting doubt over the future viability of insurance provided via superannuation. APRA recently wrote to superannuation funds and life insurers ...

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
Link Market Services has been hit with another lawsuit for allegedly failing to protect more investors from the troubled Woodford Equity Income Fund (WEIF). UK law firm Leigh Day is representing more than 4000 clients who invested in the WEIF, which ...

Childcare costs drag women's nest egg

KARREN VERGARA  |  MONDAY, 8 MAR 2021
Reducing childcare costs could be the solution to improving retirement outcomes for women, a new survey shows. Three-in-four superannuation members argue that improving access to childcare or making it more affordable could lead to a significant difference ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
A physical education teacher turned property investor has lost a suit against Mayfair 101, but the details of the case demonstrate how novice investors could be confused by the firm's marketing. Stuart Klees sued M101 Holdings, claiming that he was ...

ASX200 needs executive equality: ACSI

ANNABELLE DICKSON  |  MONDAY, 8 MAR 2021
The boards of the ASX200 are tracking towards gender equality, but female representation is still lacking in executive roles, according to new research. The latest analysis by the Australian Council of Superannuation Investors (ACSI) showed women now ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
According to recent data from the Workplace Gender Equality Agency, women hold 14.6% of chair positions, 28.1% of directorships and represent 18.3% of chief executives and 32.5% of key management personnel. Perhaps most concerning of all, only 0.4% ...