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Showing 5361 - 5370 of 9317 results for "Red"

Industry should help fund ASIC: ANZ

LAURA MILLAN  |  TUESDAY, 21 APR 2015
ANZ top executives supported the idea that the financial services industry should help fund the Australian Securities and Investments Commission (ASIC) so it can "fully police industry behaviour." ANZ deputy chief executive officer Graham Hodges told ...

Market wrap

AAP  |  TUESDAY, 21 APR 2015
The Australian sharemarket is posting gains on the back of positive offshore leads, China's new stimulus package and rises in some commodities prices. However it gave up some of the morning's gains, going from 0.9 per cent to 0.6 per cent higher after ...

No changes to neg gearing, super in Budget

ALEX DUNNIN  |  TUESDAY, 21 APR 2015
Just three weeks out from the Abbott government's second budget, the Prime Minister and Assistant Treasurer have said there will be no changes to tax policy regarding negative gearing or superannuation. On speculation that the government might act to ...

Signs that churning is on the wane

ALEX BURKE  |  TUESDAY, 21 APR 2015
Research by DEXX&R shows individual lump sum discontinuances in life, TPD and trauma insurance fell in the 12 months to December 2014. Further, rates of discontinuances have been falling since 2012 - having risen steadily for the previous two years ...

Industry needs to act after Trowbridge report failure

ALEX BURKE  |  TUESDAY, 21 APR 2015
The Trowbridge report likely won't become the "blueprint" for the life industry, said former Financial Planning Association of Australia chair Matthew Rowe. In a newspaper column, Rowe explained that this was because of disagreements between key members ...

Grattan issues new report on super fees

ALEX BURKE, ALEX DUNNIN  |  MONDAY, 20 APR 2015
Following on from its controversial "Super Sting" report in 2014, Grattan Institute has released a new report that continues to argue Australia's superannuation industry has excessive costs. The report, titled " Super Savings ", reiterates Grattan's ...

Don't blame "churning" on advisers: Synchron

LAURA MILLAN  |  MONDAY, 20 APR 2015
Risk advice dealer group Synchron has asked industry stakeholders not to blame "churning" of life insurance policies only on advisers and demanded that insurers improve product design. Synchron noted that in the United Kingdom and in South Africa, "companies ...

Trowbridge proposals will hit consumers hardest

ALEX BURKE  |  MONDAY, 20 APR 2015
AFA chief executive Brad Fox has hit back at the FSI and Trowbridge recommendations, saying they are "unworkable, impractical and do not acknowledge the value life insurance advisers provide to consumers." He noted that the hybrid remuneration model ...

The bad and the bad and the bad

BENJAMIN ONG  |  MONDAY, 20 APR 2015
It's bad, it's bad, it's bad you know it. They say bad news come in threes - we've got all three at the end of last week. Greece running out of money and reform deal still looks unlikely heading into its meeting with 'the institutions' four days and ...

NAB fined $40m over British bank failings

DARREN SNYDER  |  THURSDAY, 16 APR 2015
National Australia Bank's British bank (Clydesdayle) recently received a record fine nearing $40 million for lying to the United Kingdom's Financial Ombudsman Service as well as adopting inappropriate complaint policies. The UK's Financial Conduct Authority ...