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Showing 11 - 20 of 44 results for "Moneysmart"

Intra-fund advice must improve: Rice Warner

HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
... calculator on their public website. "Of the funds that do, about one fifth of those redirect the member to ASIC's MoneySmart calculator instead, losing the opportunity to engage their members," Rice Warner said. It warned the next 12 months pose ...

Grattan SG claims slammed by industry bodies

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
... better off in retirement. "This will boost retirement income from $38,900 a year to $40,950 a year according to ASIC's Moneysmart calculator, an increase of 5.3%," ASFA said. Industry Super Australia also hit out at Grattan, and said the institute had ...

Super calculators to align with MoneySmart

HARRISON WORLEY  |  THURSDAY, 6 JUN 2019
... to require providers to adjust for inflation in their estimates by using the same inflation rate used by ASIC's own MoneySmart calculators. The requirement will see providers use either the default interest rate - as set by MoneySmart - or an alternative ...

Regulators unite for life insurance transparency

HARRISON WORLEY  |  FRIDAY, 29 MAR 2019
... According to the data, 92% of overall claims are paid in the first instance. At the same time, ASIC released a new MoneySmart life insurance claims comparison tool, to help consumers "make more informed decisions," by outlining the claim acceptance rates ...

ASIC offers fee relief to drought-affected farmers

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
... free financial counselling was available to farmers and related small businesses struggling with debt, through ASIC's MoneySmart website. ASIC added anybody struggling with debt could also call the free National Debt Hotline on 1800 007 007. Meanwhile ...

Industry bodies respond to RG97 review

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... establishing web-based facilities to help consumers compare products and investment options easily. A database, such as ASIC's MoneySmart website, run by a government agency would be ideal, he said. The Australian Institute of Superannuation Trustees ...

Government renews calls for financial literacy support

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
... The Government has invited state and territory governments to participate in a new agreement that would see the ASIC MoneySmart Teaching program remain in place for a further four years and also expand to more schools and students. More than 32,000 teachers ...

In-house education key to super success

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
... schools incorporating financial literacy into their curriculum, and plenty of valuable online resources like ASIC's MoneySmart, young Australians are better equipped than ever to be smart about their super, but we know their most influential source of ...

ASIC adds life insurance to school curriculums

KARREN VERGARA AND JAMIE WILLIAMSON  |  THURSDAY, 28 SEP 2017
... effort into. But there is a way to go," Kell said. He also flagged a new life insurance package for ASIC's website, MoneySmart, which will launch at the beginning of 2018 and soon call on consumers and industry participants for consultation. Over the ...

Advice licensees hit with $1500 levy

EMMA RAPAPORT  |  MONDAY, 17 JUL 2017
... from the industries it supervises. As of April 2015, about 22,000 financial advisers were registered on the ASIC and MoneySmart financial advisers register. For securities dealers, large securities exchange participants and large futures exchange participants ...