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Showing 411 - 420 of 675 results for "Legacy"

Retirement income paper open for consultation

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
... release of the retirement covenant paper that opened for consultation yesterday. Future work on legislation will consider legacy products, safe harbours against CIPR management and lifetime engagement. Consultation is open until June 15.

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... chief customer officer James Coyle described the removal of exit fees as "unequivocally good." "They're often attached to legacy products, and in a default compulsory system you should allow people to make choices and consolidate super. If you think ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... year. The FSC has also opposed a Medicare Levy increase. It also wants the government to facilitate the rationalisation of legacy products in financial services, involving a consumer interest test applied at a collective level and roll over of all tax ...

IOOF flags ANZ Wealth results ahead of acquisition

ALEX BURKE  |  WEDNESDAY, 2 MAY 2018
... the bank's superannuation solutions experienced net outflows: Wrap (down $137 million), OneAnswer Frontier ($11 million), Legacy Retail ($607 million) and Legacy Employer ($140 million). Only Smart Choice saw net inflows of $321 million. IOOF recently ...

Elders appoints four advisers

KANIKA SOOD  |  THURSDAY, 26 APR 2018
... (QLD) and Kristina Duke from Rockhampton (QLD). Sydney-based Chhetri is CFP-qualified and will join Jose Pais' practice, Legacy Financial Planning. Steve Salvemini is currently studying for a masters of financial planning and joins Andrew Furlanetto's ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... completed its de-merger of CYBG PLC, a UK-based banking business. As a result, it expects CYBG will increase its provisions for legacy payment protection insurance costs by £350 million ($642m). Under the agreement with NAB, CYBG expects to fully utilise ...

Abacus confirms new MD

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
... confidence in Steven's strong capabilities to take Abacus into the next stage of its future," Thame said. Sewell added Wolf's legacy would be built upon at the property group. "It is with great sadness that I take on this role and responsibility at this ...

Fintech launches active trading platform with no monthly fees

KANIKA SOOD  |  TUESDAY, 17 APR 2018
... active trading platform that will let users trade over 35,000 financial instruments at no monthly fees and without expensive legacy hardware. The product is aimed at professional traders and smaller institutional investors, according to Saxo Capital ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
... said. It does however support the recommendations to broaden approved product lists and the careful rationalisation of legacy products, and an opt-out basis for group superannuation. AFA chief executive Philip Kewin said the scrutiny and increasing cost ...

Super Plus switches to SMSF fintech

KANIKA SOOD  |  THURSDAY, 29 MAR 2018
... offering is based on decentralised and scalable technology which lets it provide accounting services at rates cheaper than legacy platforms. It said old software vendor models are being replaced around the world democratic, customer-driven platforms ...