Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 521 - 530 of 1328 results for "AFFECTED"

Stop undermining franking credit refunds: Wilson

KARREN VERGARA  |  FRIDAY, 30 NOV 2018
... regressive changes," Wilson said. About 15 million prospective retirees who hold a superannuation account would also be affected, Wilson added. "The removal of full cash refunds would alter the relative benefits of investing in Australian companies who ...

New terms for early super access receives mixed reaction

KARREN VERGARA  |  WEDNESDAY, 21 NOV 2018
... she told Financial Standard. On the flip side, others are questioning why a "chunk" of their superannuation should be affected given there is already a large gap between the balances of men and women, she said. Minister for Women Kelly O'Dwyer announced ...

Comyn promises personal accountability

KARREN VERGARA  |  TUESDAY, 20 NOV 2018
... personal loan protection products. Comyn said the process of remediation is still underway, with $10.5 million repaid to affected customers and another $4.3 million is waiting to repaid. Remediation for bad loan protection products comes to about $31 ...

Super fund apologises for admin error

KARREN VERGARA  |  MONDAY, 19 NOV 2018
... penned to members on its website, QSuper chief executive Michael Pennisi wrote the fund apologises "unreservedly" to all affected. "Our immediate priority was to restore the account balances for the 246 members whose balances were lower than they should ...

ALP victory to have meaningful impact: Daintree

HARRISON WORLEY  |  FRIDAY, 9 NOV 2018
... Australia are very much overweight equities." Tyler said the entire Australian market - not just retirees - would be affected by Labor's policy, noting the franking credit system was well entrenched in Australia. "Many people rely on franking credits ...

ANZ wealth flows decline

KARREN VERGARA  |  WEDNESDAY, 31 OCT 2018
... distribute products to ANZ customers via bancassurance channels. Overall, about 2817 full time ANZ Australian staff have been affected by the divestments; 717 of which are aligned advisers. What remains of ANZ's Australian business is: lenders mortgage ...

NAB still unclear on true impact of misconduct

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
... advice separate from the bank." Thorburn admitted to the bank's shortcomings in gauging the non-financial impacts on affected customers. "I think this point around how do we assess the non-financial impact -- that is actually in our policies. But ...

SMSFs most affordable: Research

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
... an estimated $2.2 billion in the total fees paid increase is attributable to these changes, of which $2 billion or 90% affected NFP funds, Rainmaker said. Dunnin said the changes in fee disclosure makes it more important for members to understand what ...

ASIC appeal convicts former CBA planner

KARREN VERGARA  |  THURSDAY, 4 OCT 2018
... regulator will offer information about available financial counselling services and provide company fee relief to those affected by the drought.

Freedom drops chief, slashes workforce

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
... board has decided to suspend new sales of all direct insurance products. It said 350,000 existing customers will not be affected by the changes and it will continue to receive admin fees and trailing commissions from current in-force policies. The Royal ...