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Showing 441 - 450 of 4424 results for "Poor"

Modern slavery obligations fall by the wayside: ACSI

KARREN VERGARA  |  WEDNESDAY, 21 JUL 2021
Despite pledging to do more to help vulnerable workers, Australia's top 200 public companies are falling short on their modern slavery obligations. According to a new study by the Australian Council of Superannuation Investors, major companies are ...

WAM Global performance rises

ANNABELLE DICKSON  |  FRIDAY, 16 JUL 2021
... it does not hold. In March, TGG said it was considering a range of options to salvage shareholder value after a period of poor returns and consistent discount to its net-tangible assets. TGG's independent directors announced they engaged with third ...

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... deferred sales regime, "...will entrench the problems we have seen in the add-on space for years - add-on products that provide poor coverage and are more expensive versus the broader coverage and cheaper products available in the direct insurance space". ...

OnePath to remediate over pressure selling

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
OnePath Life is repaying customers to the tune of $35 million due to poor telephone sales practices. Following an ASIC intervention and action, OnePath was found to have sold life insurance over the phone between 2010 and 2016 using pressure selling ...

Fund managers failing value assessments: FCA

KARREN VERGARA  |  THURSDAY, 8 JUL 2021
Active fund managers are falling short of delivering value to investors and justifying their fees, a review from the UK's financial services regulator reveals. A review of 18 fund managers between July 2020 and May 2021 by the Financial Conduct ...

How likely is a super fund to fail YFYS test?

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
... cumulative sense in the seven years to 2021 but had different pathways of returns. If Fund A outperformed in 2015 and 2016 but had poor performance in more recent years, come 2023 and 2024 it will have a heightened risk of failure as those strong returns ...

Verve Super launches gender diversity index

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
Verve Super has launched a gender diversity index and will subsequently change how it allocates members' funds based on how Australian companies perform against the index. The Verve Gender Equality Index selects public Australian companies that ...

Your Future, Your Super passes

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
The Your Future, Your Super reforms were passed in the Senate today. One Nation and Jackie Lambie voted with the government in favour of the bill, while Labor and the Greens objected to it. However, an amendment was passed which will delay benchmarking ...

More super tax concessions on table

ELIZABETH MCARTHUR  |  THURSDAY, 17 JUN 2021
... Your Super reforms. Industry Super Australia (ISA) today reiterated its concerns that the new laws could trap Australians in poor performing super products through its stapling measures. According to ISA, the new legislation could cost Australian workers ...

Magellan launches FuturePay

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... new units are issued. It has committed a debt facility of 2% of FuturePay capped at $100 million to provide support during poor market conditions. FuturePay will be $2.03 cents per unit at inception, growing at inflation quarterly with monthly distributions ...