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Showing 3861 - 3870 of 10705 results for "May 2012"

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
Insurers will find it tougher to dodge paying out claims if the Royal Commission's recommendation to amend insurance law is enacted. At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
After a damning report card by the Royal Commission, the big question is where to now for retail superannuation and its advisory network ecosystem? At least we know what's not part of the answer: the status quo. Retail superannuation may not be ...

Grandfathered commissions to be banned

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
Grandfathered commissions will be banned from 1 January 2021. Responding to the release of the Royal Commission's final report, Treasurer Josh Frydenberg has confirmed the payment of grandfathered commissions will be outlawed. Further, from 1 January ...

Ongoing service arrangements should be tightened: Hayne

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
An overhaul of ongoing fee arrangements has been recommended by Commissioner Kenneth Hayne to combat fees for no service conduct. The final report of the Royal Commission has recommended ongoing fee arrangements should be renewed annually by clients. ...

SMSF investments reach far and wide

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
Seeking diversification, self-managed superannuation funds are pushing more retirement funds into assets such as marina berths and indigenous artworks. Latest research from SuperConcepts reveals the big ticket items held within SMSFs. Gold and silver ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
A former financial adviser is facing a lengthy jail term after pleading guilty to the theft of close to $5 million in client funds. Former Adelaide financial adviser James Gibbs appeared before the Adelaide Magistrates Court last Friday charged with ...

DomaCom partners with big four bank

HARRISON WORLEY  |  FRIDAY, 1 FEB 2019
A big four bank will pilot fractional property investing with DomaCom. The investment platform said it had partnered with an unnamed big four bank, who is set to launch a six-month pilot for fractional investment with the firm. According to DomaCom ...

Chief economist update: La vita is no longer e bella

BENJAMIN ONG  |  FRIDAY, 1 FEB 2019
"When the moon hits your eye, like a big pizza pie, that's amore..." But Italians may not be in the mood for "amore", not when their economy - the third biggest in the Eurozone - is officially in a technical recession. La vita is no longer e bella! ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  THURSDAY, 31 JAN 2019
Three became two, two became one (maybe) or none (more likely). That's the genealogy of the number of interest rate hikes expected of the US Federal Reserve this year - a quick downshift from two 25 basis point increases in the fed funds rate the ...

SuperConcepts names interim chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JAN 2019
SuperConcepts has appointed an interim chief executive, with Natasha Fenech to leave sooner than originally planned. SuperConcepts chief financial officer and general manager of product Adrian Urquhart will take over from Fenech, whose resignation was ...