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Showing 371 - 380 of 935 results for "Incentive"

Banks can take lead on financial inclusion

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
Innovative non-bank institutions will fill the financial inclusion gap in Asia Pacific if traditional banks do not secure an estimated $110 billion in untapped revenue. This is a key point from the latest EY report on financial inclusion - a term which ...

Asset test rules hurting retirement savings: SMSFA

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2018
... middle-income earners are discouraged to save for retirement and leads to "detrimental behaviour effects" such as providing an incentive to shift investments from assets that are included in the means test (e.g. superannuation) to those that are excluded ...

Financial advice crucial to industry fund members: Cbus

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2018
More than 3000 Cbus members have been paired with a Certified Financial Planner under an advice program run in conjunction with the Financial Planning Association. The industry superannuation fund is further encouraging its members to embrace financial ...

Former industry fund CIO leaves Vanguard after seven months

JAMIE WILLIAMSON  |  MONDAY, 11 DEC 2017
The former chief investment officer of Meat Industry Employees' Superannuation Fund has parted ways with Vanguard Australia after just seven months. Mary McLaughlin commenced as senior investment specialist at Vanguard in May, with the fund manager ...

REST rolls out its millennial pitch

EMMA RAPAPORT  |  FRIDAY, 8 DEC 2017
Australia's leading millennial superannuation fund is rolling out its latest weapon in the fight for millennial super with the launch of a mobile app. The new REST Industry Super app gives members to access to information about their super and tells ...

AIA announces two-year fee waiver

KARREN VERGARA  |  MONDAY, 4 DEC 2017
... introduced a charitable giving option as part of its AIA Vitality rewards program. Under AIA Vitality's Active Benefits incentive, members have an option to donate rewards earned to one of three charities: the Black Dog Institute, Cancer Council Australia ...

The next generation of bancassurance

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
... then why not control both the manufacture and distribution of those products? Poor conduct, often related to warped incentive structures, led to increased regulatory scrutiny and oversight, as well as reputational damage," he said. Higher costs brought ...

Managed accounts sector knuckles down on data standards

JAMIE WILLIAMSON  |  WEDNESDAY, 8 NOV 2017
... right time to establish a common standard. We are not trying to create a binding standard, but it will provide a useful incentive to prevent further proliferation in proprietary specifications," he said. Industry organisations participating in the working ...

Industry Super pushes for affordable housing asset class

KARREN VERGARA  |  MONDAY, 6 NOV 2017
Establishing a new asset class that targets institutional funds and offers affordable rental housing could help curb the housing affordability crisis, Industry Super Australia's latest whitepaper shows. ISA chief economist and report author Stephen ...

Melbourne advice firm cops historic $1 million fine

JAMIE WILLIAMSON  |  MONDAY, 30 OCT 2017
... by way of commission for sales of personal risk insurance products and superannuation rollovers, representing a clear incentive. ASIC deputy chairman Peter Kell said: "This outcome makes clear to the industry the serious consequences of financial services ...