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Showing 4191 - 4200 of 9740 results for "Major"

Most life insurance consumers open to genetic testing

ALEX BURKE  |  FRIDAY, 7 AUG 2015
A majority of consumers would accept genetic testing for detecting life-threatening conditions as part of their risk assessments for life insurance, research found. A recent survey of 134 insurance employees and their personal contacts by global life ...

Super board changes ignore past lessons: Bowen

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
Federal Shadow Treasurer Chris Bowen believes proposed governance changes to superannuation fund boards ignore the lessons learnt from the HIH disaster. Speaking at the Financial Services Council annual conference, Bowen quoted Justice Neville Owen ...

ASIC financial services enforcements down 10%

ALEX BURKE  |  THURSDAY, 6 AUG 2015
... conduct in the financial services industry. "Given the strong connection between the two, tackling poor culture will be a major priority for ASIC over the next six months and beyond.A We'll ensure that everyday Australians who suffer loss are remediated ...

FSC calls for 12% super by 2022

MARK SMITH  |  THURSDAY, 6 AUG 2015
Financial Services Council chief executive Sally Loane has called for a bipartisan commitment to 12% superannuation contributions by 2022 in her keynote speech to the FSC Annual Conference on the Gold Coast. "With average balances still low - at $70,000 ...

Most members actively choose MySuper: research

DARREN SNYDER  |  WEDNESDAY, 5 AUG 2015
A study by the Centre for International Finance and Regulation (CIFR) shows about two-thirds of default superannuation members are actively choosing to enter a deafult option. From the study 'Delegation, trust and defaulting in retirement savings: Perspectives ...

SelectingSuper rejects claim small funds should merge

ALEX DUNNIN  |  WEDNESDAY, 5 AUG 2015
... funds with less than $5 billion in assets should be required to merge. In was reported in Fairfax media this morning that a major superannuation research group has said that funds below this threshold should merge or fold because they are sub-scale ...

Adapt or die, asset managers warned

MARK SMITH  |  WEDNESDAY, 5 AUG 2015
Asset managers all over the world are recognising they need to adapt their business models if they are to remain relevant to ever-more powerful asset owners. State Street surveyed 400 senior executives from investment management firms from Europe, the ...

Industry fund sponsors Oprah tour

DARREN SNYDER  |  WEDNESDAY, 5 AUG 2015
... to gain exposure through one of the world's most powerful and recognisable women, Oprah Winfrey. Sunsuper has secured a major sponsorship for Oprah's Australian tour in December and apart from the necessary promotions, the $32 billion fund is hoping ...

ASFA concerned about board governance timeline

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
The Association of Superannuation Funds of Australia (ASFA) is concerned about the timeframe for approving transition plans to have at least one-third independent directors on super fund boards. In a letter to the Australian Prudential Regulation Authority ...

Super decades away from maturity

DARREN SNYDER  |  MONDAY, 3 AUG 2015
The maturity of Australia's superannuation system is under scrutiny and industry representatives have weighed in on how super will progress from its relatively successful childhood. Speaking at the Trans-Tasman Business Circle on Friday, BT Financial ...