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Showing 541 - 550 of 1330 results for "AFFECTED"

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... administration fees on some of cash investment options have already been reduced to address the issue of negative returns and affected customers are being compensated for lost earnings. Fees on flagship MySuper products have also been cut. In a brief ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... English as their first language. A year earlier, ASIC was troubled they didn't know exactly how many customers were affected by the sales practices and consequently how many times ClearView breached the provision. In 42 ClearView sales calls reviewed ...

Industry funds launch account matching initiative

KARREN VERGARA  |  MONDAY, 10 SEP 2018
... members will still be able to opt out. After a successful pilot in 2017 that consolidated 50,000 accounts, Dean said affected members were happy that the funds were being proactive. "This is the right thing to do for members - they expect the system ...

BT Financial Group proposes advice restructure

JAMIE WILLIAMSON  |  FRIDAY, 7 SEP 2018
... Partnership model and realigning some teams to where our clients need them most." At least 100 financial advisers could be affected by the changes, though the institution is looking to offset this by increasing the number of portfolio adviser positions ...

New tech for the new advice world

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
... and technology elements of the financial advice chain are inefficient and ineffective. Until now, this has adversely affected the value and in some cases, the consistency of advice delivered to consumers," Henderson said. Advice Intelligence's software ...

TAL enhances musculoskeletal underwriting initiative

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... encompasses more than just financial health," McConville added. Separately, TAL recently waived insurance premiums for drought-affected farmers in New South Wales and Queensland for a period of six months. TAL retail customers who are eligible for the ...

Drought-hit farmers turn to advice

KANIKA SOOD  |  MONDAY, 3 SEP 2018
... concessional contribution cap; and they have held on to old Wesfarmers shares which have appreciated over time. While frost-affected farmers stuck to their Wesfarmers stocks, some were able to draw from superannuation either in accumulation stage or ...

TAL waives life premiums for drought-stricken farmers

KANIKA SOOD  |  TUESDAY, 28 AUG 2018
Life insurer TAL will waive insurance premiums for drought-affected farmers in New South Wales and Queensland for a period of six months, it announced today. TAL retail customers who are eligible for the Federal government's farm household allowance ...

Royal Commission challenges super regulators

KARREN VERGARA  |  TUESDAY, 28 AUG 2018
... inconsistent processing" of removing relevant fees. Westpac notified ASIC in July 2017 and compensated $634,490 to 767 affected customers. Hodge said it is open to the Commissioner to conclude if Mercer Superannuation (Australia) Limited (MSAL), the ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... ensure financial services were provided efficiently, honestly and fairly; and failed to prioritise the interests of the affected members over the interests of advisers contrary to the SIS Act; Engaged in misconduct in selling CFS products in bank branches ...