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Showing 511 - 520 of 904 results for "Improvements"

Rice Warner consultant criticises MySuper fee disclosure

ALEX BURKE  |  THURSDAY, 16 APR 2015
... their "indirect costs" - can result in "layering of costs" and poor disclosure. "There is still capacity for broad improvements in fee disclosure across the industry. This requires a focus on principles rather than a set of prescriptive rules," he sa ...

FOS decries unpaid compensation

DARREN SNYDER  |  TUESDAY, 14 APR 2015
... Ombudsman Service believes a limited compensation scheme is the missing piece from regulatory discussions and suggested improvements in Australia's financial system. The call comes as part of the service's submission to the Financial System Inquiry Final ...

Treasury starts consultation for higher advice standards

STAFF WRITER  |  FRIDAY, 27 MAR 2015
... Services, which recently conducted an inquiry into financial advisers' education requirements. "With the right model, improvements in the qualifications, competence and ethics of the financial advice industry will be a win-win," Frydenberg said. The ...

APRA shakes up executive team, addresses super conflicts

ALEX BURKE  |  FRIDAY, 20 MAR 2015
... insurance and conflicts of interest in superannuation. On the final point, Byres noted that while there have been improvements in superannuation trustees' practice standards, "others still have more work to do to meet the objectives of the prudential ...

AFA and PFL award Australia's top insurers

LAURA MILLAN  |  THURSDAY, 12 MAR 2015
... rates and company market strength. They also looked at consistency of premium rates and product features, product improvements and unique product features, lapse data, contribution to the growth and promotion of the Australian life insurance industry ...

APRA deputy chair criticises life insurance sales culture

ALEX BURKE  |  WEDNESDAY, 11 MAR 2015
... without the requisite underwriting checks, poor data capture and management and a reliance on "anticipated future improvements in mortality experience". "The advent of questionable practices often has been driven by the desire to score well in product ...

ASIC ends Macquarie EU but sees gaps in advice files

LAURA MILLAN  |  FRIDAY, 13 FEB 2015
... enforceable undertaking (EU) into the organisation's advice arm comes to an end. "While there have been substantial improvements in MEL's operations, further work and/or testing of these operations is required," ASIC said. ASIC acknowledged that MEL ...

ACSI targets a third of women on boards

MARK SMITH  |  THURSDAY, 5 FEB 2015
... evidence of the links between board gender diversity and financial performance. We have been pleased with recent improvements on gender diversity, but these come from a very low base. Our data show that unless we see an accelerated number of women appointed ...

Super Mario delivers huge stimulus package

BENJAMIN ONG  |  FRIDAY, 23 JAN 2015
... be aware that monetary policy operates with a lag of between 12-18 months. That's how long before we notice real improvements in the real economy... and that's also if the monetary policy transmission mechanism -- which the ECB President deems broken ...

Market wrap

AAP  |  THURSDAY, 22 JAN 2015
... are higher after encouraging quarterly production reports earlier this week, while energy stocks benefitted from improvements in crude oil prices. Traders are also optimistic the European Central Bank will vote on Thursday to buy about 50 billion euros ...