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Showing 521 - 530 of 4428 results for "Poor"

DDO top of ASIC's agenda

ELIZA BAVIN  |  TUESDAY, 27 OCT 2020
... distribute their financial products," Hughes said. "The obligations should reduce harms seen from past misselling conduct and poor product design, including those identified during the Royal Commission." Hughes said the obligations embed a "consumer-centric" ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
... products were in severe doubt due to risks and challenges hampering profitability. The regulator said these included the poor product design and aggressive selling methods highlighted during the Royal Commission. "Our lifetime protection products, a ...

ClearView seeks to raise at least $40m

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... conditions brought on by the economic shutdown as a result of the COVID-19 pandemic. The decline in profitability was driven by poor underlying claims performance in its life insurance segment, reflecting a loss of around $12.5 million. ClearView said ...

APRA highlights heatmaps success

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
In its annual report, APRA highlighted the success of its MySuper heatmaps initiative - despite new government reform possibly making heatmaps redundant after they were only in effect for one year. Following the Royal Commission, one of APRA's objectives ...

Death of value investing a myth: Realindex

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
... the value premium." The paper points out that current circumstances have led some to conclude that value is synonymous with poor quality and growth stocks with high quality. "There is an assumption that in a continued low growth world, there is little ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... YourSuper comparison tool to inform consumer decision making." He also welcomed annual performance tests as a means to weed out poor performers, but cautioned that work needs to be done to make sure existing members are not disadvantaged. The Financial ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
... funds will be required to meet an annual performance test under the guidance of the prudential regulator," Frydenberg said. "Poor performing funds will have nowhere to hide and will be required to notify their members of their underperformance." The ...

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... announced its board will now undertake a strategic review of the fund's structure and operations, after an extended period of poor returns. The Templeton Global Growth Fund (ASX: TGG) returned -11.38% over the six months to June 30, with the fund returning ...

ERS extension flagged, criticised

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... lower investment returns if the government opens a third tranche. The group said its opposition to the scheme is due to its poor targeting and the huge long-term costs on the individual and the taxpayer. ISA said those who access the scheme will be tens ...

Calls for aged care overhaul

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... privatised market. Government focus has been on constraining costs rather than ensuring quality," Duckett said. "The government's poor commitment to the care and support of older Australians reflects society's disdainful attitude to the aged. "Older ...