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Showing 561 - 570 of 1194 results for "Switch"

Life consumers influenced by premium pricing

KARREN VERGARA  |  FRIDAY, 9 JUN 2017
... factors such as product features (63%), claims reputation (55%) and service levels (33%). Consumers are also more likely to switch to new providers based on lower premiums (36%) compared to finding superior products (18%) or better services (7%). "This ...

ASIC launches LIF instrument

KARREN VERGARA  |  TUESDAY, 6 JUN 2017
ASIC launched a new instrument cementing the maximum amount of fees and ongoing commissions advisers can charge on life insurance products as part of industry-wide reforms. The Life Insurance Commissions Instrument will cap advisers' commissions and ...

Kinetic Super improves insurance offering

EMMA RAPAPORT  |  WEDNESDAY, 31 MAY 2017
... upgrading its insurance offering to maximise members' insurance protection at times when they can afford it and reduce it or switch it off when they can't. The upgrades, aimed at the recruitment industry and Australia's growing contingent (contractual) ...

Wealth transfer poses advice business risk

ALEX BURKE  |  FRIDAY, 28 APR 2017
... is likely to be the largest intergenerational wealth transfer in history. Different studies show that 65 to 90% of heirs switch financial advisers after inheriting wealth, hence wealth managers have no choice but to start bonding with their clients' ...

Bankers told to spread positive message

DARREN SNYDER  |  MONDAY, 24 APR 2017
Twelve months in to its public commitment to place more focus on protecting consumer interests, the banking industry still needs to persuade the community that change is being made. On Friday independent governance expert Ian McPhee delivered his fourth ...

Unconscionable super cross-selling will continue: ISA

KARREN VERGARA  |  THURSDAY, 20 APR 2017
... customers through general advice should be subject to a "better-off" test to ensure consumers are not disadvantaged by the switch. "The 'for-profit' culture enshrined in the banks business model raises questions of the appropriateness of banks involvement ...

KISS selects SMSF compliance software provider

ALEX BURKE  |  MONDAY, 13 FEB 2017
... platforms, staff and clients you work with," she added. "I've seen other SMSF administrators switching platforms only to switch back again. To me, that's tough, not only on your hip pocket but also on the morale of your staff and the confidence of your ...

Banks flag adviser transparency in customer program

ALEX BURKE  |  MONDAY, 30 JAN 2017
Led by the Australian Bankers' Association, Australia's largest banks are launching new initiatives aimed at improving customer satisfaction. The Better Banking program consists of three key steps. These are a renewed commitment to support customers ...

Super playing dangerous risk game: Milliman

ALEX BURKE  |  MONDAY, 23 JAN 2017
... rising risks," the paper said. The paper also addressed the problem of loss aversion in older populations, where investors switch out of higher-risk investment options in times of market downturns; these super members will often remain in defensive strategies ...

New CFO for Kinetic Super

JAMIE WILLIAMSON  |  THURSDAY, 19 JAN 2017
A former Victorian Funds Management Corporation executive stepped in to a new role with Kinetic Super in December. Marc Pizzichetta will serve as chief financial officer for the $3 billion superannuation fund, joining after the resignation of head of ...