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| | | ... people understand and navigate the system, including giving them access to advice and guidance to do so." And, the vast majority of people do not seek advice about retirement income planning, the report found. The barriers to seeking that advice are ... |
| | | | The MetLife 2020 Employee Benefit Trends Study found the majority of Australian workers feel their mental health is the most important aspect to focus on in the wake of COVID-19. Around 70% of workers said mental health is the most important thing to ... |
| | | | ... $704,167 if bonuses are included. Half of the six who responded said they earned $350,000 to 400,000 in base salary. Majority of them (83%) said their pay did not increase in 2020, while the rest said it increased by 10-20%. The mean increase in salary ... |
| | | | ... coronavirus vaccine candidate is 94.5% effective based on an interim analysis of Phase three data. It added that the majority of adverse events were mild or moderate in severity. It noted that it plans to ask the FDA for emergency use authorisation (EUA) ... |
| | | | ... previous financial year. "Buy now pay later arrangements are clearly popular as a payment method. While working for the majority of users, some consumers are suffering harm," ASIC said in a statement. "There are regulatory changes coming that will impact ... |
| | | | Around 75% of Australians want the superannuation guarantee to rise to 12%, according to a survey commissioned by the Association of Superannuation Funds of Australia (ASFA). ASFA said 1375 Australians were surveyed in October by Utting Research about ... |
| | | | ... insurance (4104). Despite the increase in complaints, chief executive David Locke said AFCA was able to resolve the majority of complaints quickly, with complaints taking an average of 73 days to reach an outcome. "Speedy resolution allows consumers ... |
| | | | ... it is changing fee structures for nearly 46 funds, lowering management fees and ending normal expense recoveries. Majority of the funds getting a fee cut are across the Perpetual WealthFocus Investment Advantage Funds, while about three are across its ... |
| | | | ... millions of dollars. The Northern Territory government owes about $39.5 million in superannuation contributions to the majority of current and past workers affected, according to its FY20 financial report. About 415 employees have been overpaid an estimated ... |
| | | | ... contraventions of the order, ASIC warned. Following reviews of the instruments in 2017, 2019 and 2020, ASIC found that the majority of retail clients lost money. Between March and April 2020 for example, users lost over $774 million based on a sample ... |
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