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Showing 611 - 620 of 4428 results for "Poor"

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
The government's plan to implement recommendations from the Royal Commission has been met with concern and criticism from financial advice industry groups. Both the Association of Financial Advisers and The Advisers Association have lashed out at ...

Allianz Retire+ moves to increase retiree confidence

HARRISON WORLEY  |  TUESDAY, 3 MAR 2020
... The tool allows for variances in investment returns from year to year, taking into account the possibility of a sequence of poor returns across a number of years. It then projects the variations, and takes into account correlations between interest rates ...

Grattan calls for lower super fees

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... time, resources, and expertise to decide which funds to shortlist, rather than individuals who don't," Grattan said. "And poor-performing funds would be forced to merge or miss out on the default market entirely." The recommendation is one of several ...

ANZ Australia risk chief exits

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2020
... The audit found 5% of advice provided did not meet the best interests duty and also that the number of instances in which poor advice was provided jumped dramatically from 60 in 2008 to 2810 in 2015. This was despite the number of advisers licensed by ...

Super funds snub millions of Aussies

ELIZA BAVIN  |  THURSDAY, 27 FEB 2020
... multilingual consumers still believe banks do not meet expectations or factor in multiple languages in their customer service." The poor results come despite the fact that the overwhelming majority of survey respondents said businesses would gain their ...

Super tax concessions out of hand

HARRISON WORLEY  |  MONDAY, 24 FEB 2020
... growth in these tax concessions will only make this worse," he said. Not only does the difference in wealth between rich and poor households grow in line with super tax concessions, but so does the wage gap between men and women. The Institute said women ...

Factor investing, sustainability a perfect match

ALLY SELBY  |  THURSDAY, 20 FEB 2020
... go hand and hand, allowing advisers and portfolio managers to create personalised portfolios that exclude companies with poor ESG ratings, while limiting human bias. That's according to Robeco director of factor investing, Simon Lansdorp, who told ...

ATO clamps down on auditor number misuse

ELIZABETH MCARTHUR  |  THURSDAY, 20 FEB 2020
... added that when the ATO does refer on tax practitioners misusing a SAN, "more often than not there are other issues." The poor results from top 100 SMSF auditors looked at by the ATO was also a topic for discussion. "We were surprised that only 10, including ...

Status quo not option for remuneration: APRA

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... still achieving our regulatory objectives," Rowell said. "Given clear evidence that existing frameworks have been driving poor outcomes for consumers, and also entities themselves, the status quo is not an option." Rowell added that the regulator does ...

FSC calls for CSLR claims cap

ALLY SELBY  |  FRIDAY, 14 FEB 2020
The Financial Services Council (FSC) has called for the government to cap compensation claims over financial misconduct at "reasonable levels" so as not to create a "moral hazard". In a submission to the Treasury's Compensation Scheme of Last Resort ...