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Showing 2891 - 2900 of 6264 results for "DET"

ING appoints head of wealth from Suncorp

ALEX BURKE  |  TUESDAY, 20 MAR 2018
ING Australia has appointed a new head of wealth. Cathy Duncan joins ING from Suncorp, where she was executive manager superannuation. Before that, she was general manager, national distribution at Perpetual. She was also head of marketing and product ...

ANZ halts asset secured loans to retail customers

KANIKA SOOD  |  MONDAY, 19 MAR 2018
ANZ will stop issuing new secured asset finance loans to retail customers, as the bank conducts an internal review of the business. New loans will cease from 30 April. "Given the increased technology costs required to effectively compete in the secured ...

Convicted SMSF auditor disqualified

KANIKA SOOD  |  MONDAY, 19 MAR 2018
ASIC has disqualified a Melbourne-based SMSF auditor who is serving a jail term for previous charges. Nayanaka Arjuna Samarakoon pleaded guilty to criminal offences that included dealing with property reasonably suspected of being proceeds of crime ...

MyRetirement products too pricey for super funds

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
Delay in progress on the development of MyRetirement (CIPRs) products may not be due to a lack of initiative from superannuation funds but rather reluctance around expenditure. A running point of discussion at the recent Conference of Major Superannuation ...

Successful implementation of super code critical

STEPHEN FAY, JAMIE WILLIAMSON  |  THURSDAY, 15 MAR 2018
The Conference of Major Super Funds saw discussion on the Insurance in Superannuation Voluntary Code of Practice move to issues of implementation as the code's subscription deadline looms. Superannuation funds have until March 30 to indicate whether ...

Chief economist update: She'll be right, mate!

BENJAMIN ONG  |  THURSDAY, 15 MAR 2018
"She'll be right, mate!" The latest business and consumer sentiment surveys illustrate the truism of this Australian idiom. Conducted from 16 February to 23 February 2018 - when the financial markets were in upheaval - the NAB business survey showed ...

Labor's imputation credit reform cops industry backlash

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
The Labor Party's proposed dividend imputation reforms has received backlash from numerous industry heavyweights believing it will have unintended and negative implications on retirees. Shadow treasurer Chris Bowen proposed to eliminate the cash rebate ...

Regulatory disruption hampers long-term vision for super

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAR 2018
Superannuation industry professionals must maintain focus on achieving the best outcomes for members, despite the seeming lack of long-term vision for the future of the $2.6 trillion system. That was the message delivered by Australian Institute of ...

Financial advice under the Royal Commission spotlight next month

ALEX BURKE  |  TUESDAY, 13 MAR 2018
The Royal Commission will set its sights on the financial advice industry in April, with the first hearing taking place on the 16th. The first round of public hearings commenced today and focused on consumer lending practices regarding credit products ...

No room for complacency: Rowell

KANIKA SOOD  |  MONDAY, 12 MAR 2018
APRA will monitor trustees closely as to how they set, assess, and work towards performance goals for their superannuation fund in 2018. APRA deputy chair Helen Rowell said in Canberra recently that trustees will have to set strategic objectives, keep ...