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Showing 461 - 470 of 1614 results for "Majority of"

Advice complaints low: AFCA

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... Ian Donald and Shail Singh, both ombudsmen at AFCA, said investments complaints only make up about 5%, with the vast majority of AFCA's work focussed on credit complaints. About 2700 complaints related to investments and advice were received in 2019. ...

CommInsure income protection off the menu

ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
... Financial Standard recently reported on premium increases for AIA Priority Protection customers, with AIA confirming a majority of Priority Protection customers saw an increase of 9.8% last year.

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
... with their allocations to non-traditional assets. "AustralianSuper, Cbus, and Sunsuper are all permitted to have the majority of their portfolios invested in alternatives," the report said. "According to our latest surveyed data, Cbus and Sunsuper have ...

AMPFPA action progresses, associations merge

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2020
... AMP-aligned advisers in challenging times. "It is important to remember that despite the headlines, collectively, the vast majority of our members have provided sound, cost-effective financial advice to hundreds of thousands of everyday Australians over ...

How to lose a mandate

KANIKA SOOD  |  MONDAY, 10 FEB 2020
... "The data indicates these legacy relationships do have an impact on how long investors retain managers. In fact, the majority of the relationships underpinning the majority of large mandates have been in place for five years or more (36% 5-10 years ...

Corrupt adviser banned, AFSL canned

ALLY SELBY  |  TUESDAY, 4 FEB 2020
... issued multiple Statements of Advice and inappropriate switching of advice to generate additional fees for himself. The majority of Shapter's clients were obtained through a referral arrangement with a third party appointed by Smart Solutions. The third ...

Retail funds outperform, but industry funds dominate

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
... investments towards equities and property. However despite the good year for retail funds, large industry funds took the majority of top spots in SelectingSuper's personal and workplace super performance tables for 2019, with AustralianSuper, UniSuper ...

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
... result, FPA members currently receive on average around 8% of their total revenue from investment commissions, with the majority of this being phased out by 1 January 2021 when grandfathered commissions will cease. "The FPA supports the government's ...

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
... didn't ask them to nominate an existing super account for the refunds to be paid into. The spokesperson said the majority of money returned was to existing members who still have active AMP super accounts. However, the refunds for those without existing ...

Climate crisis tops list of risks for 2020s

ALLY SELBY  |  THURSDAY, 16 JAN 2020
... to take action on climate risk at a time when they also face greater geopolitical and cyber risk challenges." The majority of younger respondents believed that "extreme heat waves" (88.8%), "destruction of ecosystems" (87.9%) and "health impacted by ...