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Showing 501 - 510 of 1194 results for "Switch"

Royal Commission backlash continues for banks: Research

JAMIE WILLIAMSON  |  TUESDAY, 29 MAY 2018
About one in three Australians are more likely to switch their banking institution as a direct result of the Royal Commission, according to new research. About 10% of respondents to a survey commissioned by the Customer Owned Banking Association claim ...

Big data's big retirement benefits

DARREN SNYDER, STEPHEN FAY  |  MONDAY, 28 MAY 2018
J.P. Morgan Asset Management says big data is allowing retirement income products to be better customised to the individual and more dynamic in managing retiree spending. The asset manager has designed a solution in the US, assisted by retiree data ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
... balances. The businesses advertised "fast cash" to consumers with poor credit histories seeking loans, recommended clients switch their superannuation and take out 'high end' insurance, and drew. They also received upfront and trailing insurance commissions ...

Better than bonds: A new approach to lifecycle investment

KANIKA SOOD  |  WEDNESDAY, 16 MAY 2018
Superannuation funds could top up lifecycle members' end savings by about 30%, if they make a "mid-step" switch to defensive equities instead of gradually increasing allocations to bonds, according to new analysis from Parametric. Parametric's latest ...

Budget measures to drive up super costs

ALEX BURKE  |  MONDAY, 14 MAY 2018
... this means, Wright argues, is that to some degree, longer-term members will be subsidising the exit costs of those who switch funds earlier on. "It's not like exit fees in industry funds are exorbitant. They are the real cost of a member exiting from ...

Fees for no service an old issue: AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
Responding to Royal Commission findings, AMP says its fees for no service issue is old news; preparation of a Clayton Utz report into the issue has been overstated; and its misleading representations to ASIC have also been overstated. The 28-page response ...

WA Super names advice GM

KANIKA SOOD  |  FRIDAY, 4 MAY 2018
WA Super has made two promotions, including in its advice business. Quyen Truong moved into the role of WA Super's general manager of advice and distribution in April. She was previously head of advice in the fund's operations management team. Before ...

ASX gives timeline for CHESS replacement

KANIKA SOOD  |  MONDAY, 30 APR 2018
... available from day one of implementation. ASX's mFunds will be able to share investor details, automate regular payments and switch between funds. Other features proposed to be available from day one of the replacement will be spread across account information ...

Saxo Bank moves banking platform to cloud

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... capital markets. The bank expects the number and scale of such partnerships to grow significantly in the coming years. The switch to the cloud will help be add scalability, flexibility and security to its digital infrastructure, to support these growing ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... $16,000 of exit fees and the adviser charged the husband's account, slashing his balance by 25%. He then recommended the wife switch super providers from Vision Super to MyNorth for her $46,000 nest egg. Mr E didn't attempt to compare investments between ...