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|... women holding more than one job during the 2017 financial year, compared to 13.8% of men," said FSC chief executive Sally Loane. Loane explained that one in four people under the age of 30 held more than one job in 2016-17, with the highest rate of multiple ...|
|... trillion economy. This equates to $6400 of economic value contributed for every Australian," FSC chief executive Sally Loane said. "Financial services touches every Australian, from mortgages to superannuation and retirement savings; how people get paid ...|
|... moratorium on genetic tests in life insurance following consultation with the insurance industry. FSC chief executive Sally Loane said: "We know the community benefits from genomic research and the Moratorium is key to giving Australians the reassurance ...|
|... pre-election commitments." The Financial Services Council also welcomed the new ministry, and FSC chief executive Sally Loane said the council will lobby the new team on a number of fronts, including forming one regulatory regime for financial advisers. ...|
|... charged on inactive accounts. Out of interest, what was everyone doing about that?" he asked. FSC chief executive Sally Loane asked the Assistant Treasurer if he held the superannuation industry responsible for the lack of action on the issue which he ...|
|... consider unintended consequences that may arise in implementation. The Financial Services Council chief executive Sally Loane said the council endorses the recommendations that a person should be defaulted once into a superannuation account and the retention ...|
|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 At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions ...|
|... impression our funds are highly taxed even though not much revenue is raised from the funds," FSC chief executive Sally Loane said. "Addressing Australia's complex, uncompetitive tax system will enable the Passport to promote the exports of Australian ...|
|... insurer going to great lengths to deny a claim from a policyholder with mental health issues. FSC chief executive Sally Loane said several organisations had requested additional time to make submissions to the new code. "We want interested parties to ...|
|... creating an oligopoly in default superannuation and reducing long-term competition." Likewise, FSC chief executive Sally Loane said the list could create a "monolithic concentration of funds, stifle competition and create huge barriers for innovative ...|
The earlier than expected easing of restrictions in Australia that defrosted social and commercial activity has had its desired effect - rebounding business conditions and confidence, and the feared one - a second wave.
Around 300,000 Australians lodged their second application to access their super early at the start of the new financial year.
Spaceship chief executive Andrew Moore says its managed investments business has been the "single, strongest" source of growth for its $300 million superannuation fund.
Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions.
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