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Showing 241 - 250 of 842 results for "Basic"

OnePath enhances OneView Life

HARRISON WORLEY  |  THURSDAY, 15 AUG 2019
... reinforce the benefits of insurance among clients and reward them for choosing OnePath Life. Soon, clients will be able to make basic changes to their cover, like updating personal details - leaving advisers freer to deal with more important matters. ...

Low inflation rate masks rising living costs woes

KRISTI CHENG  |  TUESDAY, 13 AUG 2019
While the overall inflation rate has been low, retirees are seeing a "steep" increase in the cost of basic items, according to the Association of Superannuation Funds of Australia. In ASFA's latest Retirement Standard, it found over the year to June ...

Industry funds consider $22bn merger

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... family." The mandate includes default death and TPD cover to all eligible members, with opt-in income protection cover for Basic members and as default for Basic Plus members.

Beware tech firms in financial services

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
... sellers on ecommerce platforms. The BIS report explains big techs' low-cost business models can easily be scaled up to provide basic financial services and this is especially true in countries where large parts of the population might not have a bank. ...

Facebook to launch own currency

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
... result. "The limited cases where this data may be shared reflect our need to keep people safe, comply with the law and provide basic functionality to the people who use Calibra," Facebook said. "Calibra will use Facebook data to comply with the law ...

Impact investing an advice opportunity: Expert

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
... Latham said impact investing is an avenue for financial advisers to connect with their clients on a basis other than the basic financial returns generated by their investments. According to Latham, the financial services industry faces a serious relevancy ...

Banks sluggish on Indigenous financial inclusion

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
Indigenous Australians are being let down by financial institutions' failure to provide access to basic banking services and recognise different cultural attitudes towards money, a new report from the First Nations Foundation reveals. Of the 620 ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

Home buyers lack basic financial concepts

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
A new report by Westpac reveals that Australians looking to purchase property are desperate for financial education. Demonstrating the need for financial advice, the Westpac Home Ownership Report found almost half of home buyers did not understand the ...

Institutions fail to adequately manage social risk

ELIZABETH MCARTHUR  |  TUESDAY, 9 APR 2019
... relationships with its customers, employees, regulators, intermediaries, politicians and the wider community. The paper stated: "The basic premise underlying this paper is that relationships with key groups in society are so fundamental to the success ...