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Showing 641 - 650 of 4429 results for "Poor"

Industry funds dominate risk-adjusted MySuper returns

HARRISON WORLEY  |  FRIDAY, 6 DEC 2019
... initially, Dunnin said that there is a big difference between a product that may achieve a lower return than one that achieves poor returns. "The objective of the RMetrics report is to help super funds discern this," he said.

ASIC bans direct life cold calling

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... with industry that saw none of the 15 submissions made oppose a ban on the practice. According to ASIC, the move addresses "poor sales practices" which it believes have led to unfair consumer outcomes. The regulator noted its action follows through on ...

Enforcement appetite is working: APRA

ELIZA BAVIN  |  MONDAY, 2 DEC 2019
... methodology designed to strengthen the resilience of financial institutions by addressing, and ideally preventing, issues of poor risk governance, misaligned incentives and misconduct that have undermined public confidence in the financial sector over ...

Industry fund for coal miners on ESG journey

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
... there is little or no conflict between investing sustainably and long term returns. "We also acknowledge that companies with poor ESG credentials could represent elevated financial risk," Nair said. However, Mine Super has the difficult task of delivering ...

First green bond ETF listed

ELIZA BAVIN  |  FRIDAY, 29 NOV 2019
BetaShares has listed the first Diversified Bond ETF in Australia with a significant allocation to green bonds. The Sustainability Leaders Diversified Bond ETF - Currency Hedged (GBND) will track an index of green bonds issued by companies and governments ...

Countdown to FPA Congress

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2019
... everyone. Tate-Lovery played a key role in the design of this year's content, with a great deal of thought going into what time poor financial planners would be most interested in. Taking into account the context in which the Congress is taking place ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... influence of the difficult environment life insurers were operating in, and said there was "no simple solution to the very poor experience of income protection business". "The extensive regulatory changes for life companies are impacting the expense ...

Mental health costs insurers $750m per year

ELIZA BAVIN  |  FRIDAY, 22 NOV 2019
... Standard, Superfriend chief executive Margo Lydon said that of the $180 billion drag on the economy from the adverse effects of poor mental health, $750 million of that is felt by the financial services and life insurance industries. "We have substantive ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
... conceptually. He said if the tool works as well as the regulator hopes it will, it will have the "critical effect" of driving poor performing funds from the industry. "The heatmaps are hopefully going to be an important mechanism to achieve that end," ...

ASIC eyes claims handling

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... 12% and points to the restrictive definitions as the possible cause of that high withdrawn claim rate. "Insurers had really poor data about the consumers claim experience and the product value, this makes it hard for them to identify problems," she explained. ...