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Showing 2881 - 2890 of 6136 results for "Australians"

Advice associations weigh in on member interests bill

HARRISON WORLEY  |  FRIDAY, 19 JUL 2019
... the bill's intent, noting insurance premiums can have a significant impact on the retirement outcomes of younger Australians, especially if the insurance is unnecessary. But both also believe the bill will provide significant unintended consequences ...

NAB names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 19 JUL 2019
... transformation program. The community also expects a higher level of accountability and transparency from the banking industry. Australians deserve NAB to be a world class service provider." The appointment now sees Chronican transition to the role of ...

Industry bodies react to APRA review

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
Several industry associations have responded to APRA's Capability Review as many weighed in on how the recommendations can improve the superannuation sector. The Australian Institute of Superannuation Trustees head of advocacy Ailsa Goodwin said ...

ISA lays out $416bn super saving plan

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... the report suggests. The research acts on recommendation 3.5 of the Royal Commission's final report, which suggested Australians should retain one default super account, and the development of machinery to staple a person to a single default account. ...

Reform implementation timeframe too short: AustralianSuper

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
The Government's move to require superannuation trustees to stop providing opt-out insurance to new members under-25 or with low balance accounts by October 1 has riled Australia's largest fund. Airing the fund's position on the Government's ...

Grattan Institute chief retires

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
... housing. Most recently, Daley and Grattan have made headlines arguing the superannuation guarantee is too high and that Australians retire with more than enough money. Chernov added: "John has nurtured Grattan's distinctive culture, which promotes both ...

AFCA delivers $83 million win

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... of our role is increasing transparency in the financial sector," Locke said. "We have published this report so that Australians can see which financial products and services receive the most complaints and how they are being handled by the financial ...

Much review about nothing

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
The Government's recently announced review of Australia's retirement income system has been met with confusion by some of the industry's big players. "Speaking at the Bloomberg buy-side forum in Sydney recently, the newly-minted Assistant ...

J.P. Morgan loses custody contract

KANIKA SOOD  |  FRIDAY, 12 JUL 2019
A $34 billion public sector fund has appointed a new custodian, ending a 19 year-long relationship with J.P. Morgan. Funds SA has selected Northern Trust as its custodian, after a long tender process. In September last year, Funds SA said it had invited ...

NEOS upgrades super product

KARREN VERGARA  |  THURSDAY, 11 JUL 2019
... This results in rapid, error-free transaction processing for new policies, refunds, claims or commissions, ensuring Australians are protected and advisers are paid faster, NEOS managing director Brett Yardley said. "Historically, advisers selling risk-only ...