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Showing 31 - 40 of 1994 results for %22Financial Health%22

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... income protection paying a premium of $8000 annually may see their premium move to $16,000 annually over two years. The financial planner, Birt points out, servicing this policyholder may receive an additional ongoing trial commission that could effectively ...

Boards unprepared for new workplace laws: Research

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023
... Davidson said sexual harassment "is a material risk that can expose companies to significant reputational risk, have financial implications, affect operations and impact a company's social licence to operate. "Long-term investors want to support ...

Impact of debt on retiree confidence a mixed bag

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... retirement. "For as long as we can remember the Australian dream has been debt-free home ownership, which provides the financial foundation and security for a comfortable retirement," AMP director retirement Ben Hillier said. "While home values and super ...

A third of Aussies want life insurance advice: Research

CHLOE WALKER  |  THURSDAY, 7 DEC 2023
... informed decisions about how to protect their future," Cupitt said. "Australians shouldn't have to pay $3500 on average for financial advice, especially when life insurers stand ready to provide limited advice about their products, which can give people ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... recommendations made during the recent Quality of Advice Review (QAR) to improve the accessibility and affordability of quality financial advice. The paper said it would also aid in alleviating the challenges faced by superannuation trustees as they ...

Billionaires of all ages watching AI: Research

CHLOE WALKER  |  FRIDAY, 1 DEC 2023
... risks from technological change over the next 12 months. Concerns were greatest among billionaires in sectors such as financial services and health and infrastructure, and less acute in business, professional or technology services sectors. Still, over ...

Former adviser convicted over false documents

CHLOE WALKER  |  THURSDAY, 30 NOV 2023
Former financial adviser David Fong and his practice Fong Financial Planners have been convicted and sentenced in a Perth court for three counts of dishonest conduct. Fong, who was an authorised representative of AMP Financial Planning between January ...

Gender pay gap trends down: WGEA

KARREN VERGARA  |  TUESDAY, 28 NOV 2023
... and healthcare and social assistance sectors are the only industries where most boards aren't male dominated. In financial and insurance services, 24% of organisations have boards with no female representation. Large organisations tend to offer employer-funded ...

Super funds increasing offshore investment, currency hedging lessens: NAB

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... funds in deploying incoming capital to the domestic market without amplifying concentration risk," Bennet said. He told Financial Standard that there's a noticeable division, with larger firms leading the charge, which is intuitively logical considering ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... floated by Treasury include legislating a ban on the use of adverse test results by insurers; legislating more appropriate financial thresholds for the use of test results; and the government taking no action and allowing the use of genetic testing results ...