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Showing 241 - 250 of 639 results for "EMA"

Dealer groups lift due diligence post Dover

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
The sudden closure of Dover Financial Advisers saw a mad scramble by authorised representatives to secure alternative licensing arrangements. Hundreds were successful in doing so before the July 6 deadline, but latest ASIC Financial Adviser Register ...

Suncorp charged super members incorrect fees

KANIKA SOOD  |  FRIDAY, 14 SEP 2018
The retail superannuation master trust charged incorrect fees to some of its members in the Suncorp Employee Super and Brighter Super funds and is working on remediating clients. Suncorp charged an incorrect investment fee to its members who joined ...

Chief economist update: Confidence down, conditions up

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
Et tu, Brute? The Australian version of the Shakespearean drama, Julius Caesar, that saw Prime Minister Malcolm Turnbull politically assassinated (and replaced with the Federal Treasurer Scott Morrison) in the dying days of August may have played a ...

More risk advisers offloading practices

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
Pressures of the Royal Commission, the Life Insurance Framework and educational reforms are prompting risk advisers to hurriedly sell their practices at discount prices, a merger and acquisitions expert says. Radar Results principal John Birt said there ...

TAL waives life premiums for drought-stricken farmers

KANIKA SOOD  |  TUESDAY, 28 AUG 2018
Life insurer TAL will waive insurance premiums for drought-affected farmers in New South Wales and Queensland for a period of six months, it announced today. TAL retail customers who are eligible for the Federal government's farm household allowance ...

GAM to liquidate bond funds

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
GAM Investments will liquidate its suite of absolute return bond funds following the suspension of its head of absolute return strategies. Last week GAM announced it had suspended investment director Tim Haywood for risk management and record keeping ...

Equity Trustees responds to GAM suspension

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
Equity Trustees halted applications into and redemptions from two GAM Investments funds following the suspension of the global manager's fixed income investment director. In a letter to unitholders, Equity Trustees - as responsible entity for the ...

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
The financial services Royal Commission questioned if MLC's decision to stick with grandfathered arrangements was in the best interest of members following a large consolidation of superannuation funds that provided an opportunity to remove them. ...

Poor tech derails financial services marketing: Study

MICHELLE BALTAZAR  |  MONDAY, 30 JUL 2018
Inefficient marketing technology poses more roadblocks for financial services marketers than competitor products or management buy-in, a new study shows. Yell Creative found 32% of the marketers they surveyed in their annual 'Australian Finance ...

Phone life insurance sales 'hawking' customers: Royal Commission

KARREN VERGARA  |  FRIDAY, 6 JUL 2018
The financial services Royal Commission exposed more boiler room sales tactics of call centre staff selling life insurance which drove poor behaviour and a sales-driven culture, and effectively breached anti-hawking provisions. Select AFSL managing ...