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Showing 5331 - 5340 of 28263 results for "NOT"

Hume throws shade at trustee rainy day funds

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... create a pool that pays for future fines. Hume told an AFR conference that she is "closely watching" such funds. "And let's not kid ourselves as to what this really is; taking member's money out of their retirement savings to set up a pool of ...

Downward fee trend hits ESG

ELIZABETH MCARTHUR  |  MONDAY, 22 NOV 2021
... which explicitly target and are equipped to report on social and environmental outcomes. 'ESG thematic' strategies that do not meet the threshold which we would consider appropriate for an Impact strategy were, on average, a little cheaper in terms of ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... identified several issues in this space, meaning improvements need to be made. Some of the issues identified include RSE licensees not being sure of appropriate reserve target amounts and a lack of clearly articulated processes for periodic reviews or ...

High-net-worth investors richer, optimistic

ANNABELLE DICKSON  |  MONDAY, 22 NOV 2021
... protect themselves against market falls which is the lowest it has been in a decade. "The results of the research demonstrated not only the resilience of Australia's wealthier investors but also the resilience of Australian capital markets, which rallied ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
Not taking a hike "It's not time to make a change Just relax, take it easy..." -Cat Stevens, Father and Son The curse du jour that is rising inflation has raised volatility in the bond and equity markets by virtue of the anticipated central bank ...

Complaints filed against ASIC lawyers

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... 800 pages of documents filed by ASIC until closer to 6pm the same day. The documents were also missing annexures which were not corrected for another full business day, Mawhinney alleges. ASIC's lawyers failed to ensure Mawhinney's lawyers were properly ...

Risk inflows marginally recover

ANNABELLE DICKSON  |  FRIDAY, 19 NOV 2021
... comes to advisers and customers getting the appropriate protection needs being met," Mu said. "Volatility in premiums has not been our friend across the Australian market and it's caused significant concern. AIA has seen its premiums go up and year ...

Easton to rebrand, seeks to scale

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... of writing. While the directors were pleased with Easton's progress in the last 12 months, they think the share price does not reflect the underlying value of the business, White said. Nathan Jacobsen, who was hired as managing director in February ...

AFCA launches new platform to improve dispute resolution

CHLOE WALKER  |  FRIDAY, 19 NOV 2021
... hope to help financial firms improve customer service and minimise disputes." Locke said AFCA has an important role to play, not just in handling complaints that are escalated to the ombudsman service, but also in improving industry practice. "As an ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... customers with the condition being denied cover. Documents state MLC became aware of its outdated definitions by 2014 but did not update the relevant policies until mid-2017 and April 2019. It is also alleged the insurer failed to notify at least 815 ...