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Showing 481 - 490 of 1193 results for "Switch"

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
... about $3.6 billion in funds. Hodge suggested the key risk in relation to the sale of the product is that customers will switch their super without understanding the potential consequences and end up in a less suitable product. "No, I wouldn't say ...

Frequent traders re-evaluate broking landscape

DARREN SNYDER  |  THURSDAY, 16 AUG 2018
... Investment Trends said 9% of traders which transact more than four times a month or on a frequent basis have decided to switch their online broker in the 12 months to May 2018. This is up from a 4% low in November 2016. Investment Trends research director ...

Customer data protections progress

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
Wealth management firms have an opportunity to set the course around how they better deliver customer-oriented solutions following the Federal Government's release of draft legislation on the Consumer Data Right. The Consumer Data Right is aimed to ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... Linda Elkins told the Commission CFS initially failed to transition 13,000 members into MySuper products during the 2014 switch - a breach it reported to APRA. Over the next three-and-a-half years, as CFS executives worked with APRA on resolving the ...

Life insurance loyalty waning

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
... with the existing insurer after weighing their options at other providers. Those aged 35 to 49 were the most likely to switch, with 425,000 or 42.2% of the total falling into this segment. "This group is also likely to be coping with young families and ...

Commitment to ethical investing booms

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
... community," he said. O'Connor explained the uplift in assets was largely due to mainstream investment funds making a switch to incorporate responsible investment, such as incorporating negative screening, systematically assessing ESG factors as well ...

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
The financial services Royal Commission questioned if MLC's decision to stick with grandfathered arrangements was in the best interest of members following a large consolidation of superannuation funds that provided an opportunity to remove them. ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... manufacturing sector remains in expansion (and could bounce as the weather improves and weak domestic demand stoke by Beijing's switch to a more accommodative fiscal policy), the details of the report are less encouraging: Output fell to 53 in July ...

Super fund members satisfied but restless

KANIKA SOOD  |  TUESDAY, 31 JUL 2018
... Superannuation fund members are more satisfied with their funds than the previous year but an increasing number is looking to switch funds, according to Investment Trends. Latest insight shows 71% of super fund members rated their level of satisfaction ...

Adviser Ratings to predict licensees' quality of advice

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
Adviser Ratings is proposing a new rating system for Australia's 1800 financial advice licensees that could potentially predict instances of misconduct. The new system, outlined in a new white paper, will see licensees rated in two ways; the first using ...