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Showing 501 - 510 of 4428 results for "Poor"

The real cost of a bad chief executive: AICD, ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
New research has revealed the true cost of a toxic chief executive to a company, indicating that poor culture from the top can permeate an entire organisation. The report, produced by the Australian Institute of Company Directors (AICD) and the Australian ...

ASIC to improve default insurance

KARREN VERGARA  |  FRIDAY, 4 DEC 2020
An ASIC investigation found group insurance cover is poorly designed and disclosed to members who are being defaulted into occupational categories with limited data. After looking at the practices of super funds, ASIC found a high proportion of members ...

Data letting ESG down: BlackRock

ELIZABETH MCARTHUR  |  FRIDAY, 4 DEC 2020
... biggest barrier to deeper and broader implementation of sustainable investing. A total of 53% of global respondents said the poor quality of ESG data and analytics was what was holding them back. This was consistent across all regions. "I think that ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
US-based Fidelity Investments has been caught up in a class action that alleges a major pension plan exposed members to risky, expensive actively-managed investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola ...

Government backs disciplinary body in principle

KARREN VERGARA  |  MONDAY, 30 NOV 2020
... individuals, one code of conduct to govern practitioners, and that tax experts conduct any disciplinary action on those providing poor tax advice. In response to the recommendation, the government said that a new system that covers all financial advisers ...

Life insurance performance plummets

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
... billion. APRA said the life insurance industry's performance continues to be challenged. "This deterioration was caused by poor results in both the December and March quarters," the prudential regulator said. Risk products reported a $216 million loss ...

Your Future, Your Super reforms closer to legislation

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... notify members. Two consecutive years of failures prohibits the super fund from accepting new members. In notifying about poor performances, trustees must alert members to the YourSuper comparison tool to help them compare and select a superannuation ...

Reverse mortgages used to extinguish debt

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
... last 15 years. Many of them said barriers to moving homes include the cost of stamp duty and removal expenses, coupled with poor health. "As a means to release equity downsizing does not appear to be a preferred solution for older households due to the ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... that was assessed on total returns and the possibility that it won't be allowed to let new members join as a result of poor performance. Howes said she is confident that BT's products will be "white" in the next iteration of the heatmaps, which ...

Poor progress on human rights revealed

ELIZABETH MCARTHUR  |  TUESDAY, 17 NOV 2020
The sad state of human rights concerns among the world's largest corporations has been laid bare in a new benchmarking report, finding little to no progress has been made in the last 12 months. The World Benchmarking Alliance released the fourth edition ...