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Showing 2881 - 2890 of 9740 results for "Major"

Insurance in super code weak: ASIC

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... understand insurance offered in superannuation, ASIC commented. Poor complaints-handling timeframes and practices were a major concern as about one-third of trustees took more than 90 days on average to resolve complaints about insurance. This figure ...

Industry body rejects ABA banking code

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... language around customers facing financial difficulties and compliance with the DHS code of operation. "It is ironic that the major banks are lecturing credit unions and building societies about consumer protections," he said. "While we welcome constructive ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
... as he was upset by the latest stats on America's international trade (released 5 September) - which I suspect was a major factor for Trump beating his trade war drum louder last week. Now that the "public comment" period is over, Trump is expected ...

ASIC to ramp up trustee visits

KARREN VERGARA  |  FRIDAY, 7 SEP 2018
... Cairns yesterday, ASIC senior executive leader of investment managers and superannuation Jane Eccleston highlighted some major initiatives superannuation trustees should brace for. Eccleston warned superannuation funds to expect more "frequent onsite ...

Philanthropic forces shift asset allocation

DARREN SNYDER  |  THURSDAY, 6 SEP 2018
... their will. The total value of those bequests is about $500 million. Moving into the future, the JBWere consultant sees major philanthropic shifts towards causes in the sectors of arts and culture, medical research and the environment. He added philanthropy ...

Federal oversight of financial services sector clarified

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
... Commission. He will also have responsibility for taxation and superannuation policy, budget, economic and fiscal policy, and major foreign investment decisions. Meanwhile, Robert will take care of financial services and the day to day management of superannuation ...

IFM Investors return fees to investors

KANIKA SOOD  |  TUESDAY, 4 SEP 2018
... in scale and provide the flexibility to retain funds to seed new investment capabilities." IFM Investors is owned by 27 major pension funds, with investment teams in Europe, North America, Asia and Australia that manage institutional strategies across ...

Confidence remains in face of regulatory headwinds

JAMIE WILLIAMSON  |  FRIDAY, 31 AUG 2018
... geopolitical uncertainty, RBC said. Meanwhile, 15% cited rising costs and a further 15% highlighted falling profit margins as a major challenge. In response, 23% of asset managers said they plan to enhance their service offering. Improving efficiencies ...

Vanguard launches ESG funds

HARRISON WORLEY  |  THURSDAY, 30 AUG 2018
... unhedged options. Vanguard said its new equities fund and ETF would provide exposure to more than 1600 securities listed in major developed countries, with a management expense ratio of 0.2%. The ETF will be slightly cheaper at 0.18%. Vanguard confirmed ...

Reverse mortgage lenders shortsighted: ASIC

KARREN VERGARA  |  WEDNESDAY, 29 AUG 2018
... "unfair." The analysis was based on 17,000 reverse mortgages, 111 consumer loan files, lender policies and complaints. Five major five brands that collectively lent 99% of approved reverse mortgage loans between 2013 and 2017 were also examined. They ...