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Showing 621 - 630 of 3154 results for "Times"

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
... forensic examination and developing a remediation plan. Statewide Super has actively sought to cooperate with ASIC at all times." "Statewide Super continues to progress its program of remediation, supported by external experts." The regulator is seeking ...

Super assets hit record high

KARREN VERGARA  |  WEDNESDAY, 3 MAR 2021
... said the balance is a clear indicator of the resilience of the superannuation system. "However, as we've said countless times, our system is not perfect. High fees, persistently underperforming funds and too many duplicate accounts are a drag on ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... member's 'choice of fund rights'. This representation was apparently made in writing on no less than 31,882 times to Determination Members. ASIC also alleges the fund led members to believe that if they were no longer employed by their Rest ...

Aged care RC unveils 148 recommendations

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... care services - home care, respite care and allied health care - is deemed problematic and lengthy. In 2018-19, the waiting times from being assessed as eligible for a Home Care Package to qualifying ranged from seven months (Level 1 package) to 34 months ...

VanEck launches new ETFs

ELIZA BAVIN  |  TUESDAY, 2 MAR 2021
... small companies such as those found in the S&P/ASX Small Ordinaries," Neiron said. "The international opportunity is 20 times bigger with approximately 4000 listed international small companies making up the benchmark, MSCI World ex Australia Small Cap ...

ASIC drags CommSec to court

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... duration of the breaches ASIC is seeking a civil penalty. CommSec has appeared before the Markets Disciplinary Panel seven times since 2012, receiving fines total more than $1 million. Both CommSec and AUSIEX are fully owned by the Commonwealth Bank ...

Industry fund ups life insurance premiums

JAMIE WILLIAMSON  |  MONDAY, 1 MAR 2021
... the activities of daily living (ADL) definition. The fund acknowledged that the ADL test has come under scrutiny in recent times by both regulators, consumer groups and the wider financial services industry. "ADL TPD definitions are often very restrictive ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
... equity markets dropped. It didn't happen overnight, but it happened once more in 2019. After lifting the fed funds rate four times in 2018 and preparing the markets in September of that year for a further three more quarter-point increases in 2019, the ...

Ignition Advice enters UK market

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
... our partners, financial institutions, to truly scale their advice propositions," Donohoe said. "With rapid implementation times and great user experiences, the Ignition Advice platform provides the flexibility demanded by financial institutions." The ...

ASIC takes NAB to court

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... February 2019. In just two years before the bank finally turned them of, about 5787 NAB customers were mischarged 195,305 times to the tune of $365,454 in total. NAB first identified the mischarging of PP fees in October 2016 when ASIC put out a statement ...