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Showing 371 - 380 of 4424 results for "Poor"

Hostplus links returns to active approach

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
... option. What's more, AustralianSuper chief investment officer Mark Delaney added that Australians should be prepared for poor investment performance to continue. On Hostplus' strategy, Elia commented: "We have a firm belief that active management ...

Super Fierce super index shows top 15 funds

ANDREW MCKEAN  |  WEDNESDAY, 13 JUL 2022
Super Fierce has released a list of super funds that have passed its tests of consistent outperformance, labelling it the Fierce Performers Index. From an analysis of 2069 investment options across 359 super funds, only 15 funds were found to outperform ...

AFA hits back at QAR submissions from Choice, ISA

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
... needs". AFA hit back, saying: "They are oblivious to the fact that it is actually saying that there was no correlation between poor advice and the use of either hybrid or level commission models." Meanwhile, the AFA said the Choice discussion on asset-based ...

Subjects of Royal Commission case study found guilty in court

CHLOE WALKER  |  MONDAY, 11 JUL 2022
... insurance issued by St Andrew's Life Insurance, were labelled one of the "most egregious" by ASIC in 2018 when it came to poor sales practices in regional and remote communities. ASIC's case focussed on the mis-selling of insurance over the phone to ...

Australian Retirement Trust records -0.96% return

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
... members should expect a median return of -2.8%. "Reflecting on the financial year, the June quarter delivered particularly poor performance for share market investments," ART chief investment officer Ian Patrick said. "Share markets valuations in some ...

Median MySuper returns of -2.8% expected

JAMIE WILLIAMSON  |  TUESDAY, 5 JUL 2022
... for the year. This was followed by its high growth option on -3.93%. He also added that Australians should be prepared for poor investment performance to continue. "After more than 10 years of economic growth our outlook suggests a possible shift from ...

ASIC takes Mercer Financial Advice to court

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... not entitled to charge, being for financial services and advice those customers did not receive." "Additionally, Mercer's poor compliance systems led to allegedly misleading disclosure statements, which affect how customers make decisions about the financial ...

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
... our view, there is a strong case that the current commission caps should be retained and raised slightly." Adding that a poor level of uptake by consumers with a fee-only model will lead to substantially low levels of life insurance for Australians. ...

Super trustees face rough seas ahead: Byres

ANDREW MCKEAN  |  FRIDAY, 24 JUN 2022
... are rapidly shifting, the regulator's focus will continue to be on rectifying sub-standard practices and eradicating poor product performance. In the name of driving improved member outcomes, Byre's said APRA is unapologetic about making use ...

ASFA, Deloitte recommend group insurance changes

ANDREW MCKEAN  |  FRIDAY, 3 JUN 2022
... disability insurance cover in super policies would be improved. Warning of complacency in this regard, the report stated: "Poor tailoring of insurance can result in insurance that is of low value or causes excessive balance erosion for some cohorts of ...