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Showing 651 - 660 of 4428 results for "Poor"

CommInsure enters guilty plea

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... insurance was launched in 2018, with the regulator finding that outbound telephone sales were more commonly associated with poor sales conduct and increased risk for customers. CommInsure has been working to compensate customers affected by the misselling ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
... into action." Rowell said the regulator expected trustees to analyse why the outcomes in identified areas are relatively poor and whether the problems can be fixed in a reasonable period of time. "If trustees don't fix these issues within a timeframe ...

Cbus enters corporate super

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... switch their corporate super offerings post-Royal Commission, Atkin added. "A lot of companies were disappointed with the poor behaviour of the retail funds highlighted in the Royal Commission," he said. The fund has a lot to offer in the corporate market ...

Wealth income halved, Hartzer skips $1.6m bonus

HARRISON WORLEY  |  MONDAY, 4 NOV 2019
... annual report, the "watershed year" wasn't enough to see Hartzer earn a cash bonus, with the board unimpressed by some "poor customer outcomes" highlighted by the Royal Commission. Hartzer recommended Westpac's directors skip his cash bonus ...

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... will likely include funds considering self-annuitisation and deferred annuities. Traditional annuities are often viewed as poor value but this is especially so for Cbus' membership," he said. He said the regulatory setting for retirement income products ...

ASIC puts trustees on notice

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... possible," the letter said. ASIC will consider all its regulatory options, including enforcement action, if it identifies poor conduct and disclosure. The regulator said it has reviewed a sample of disclosures concerning PSYP over both insurance and ...

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
... advisers could ensure their clients were protected. "All those government bonds you hold which will have negative returns or poor returns if inflation expectations rise, switch them for inflation linked bonds. It's a fairly simple thing to do, and ...

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... will have enough money to enjoy a comfortable retirement is up slightly, though Qantas Super said the figures still indicate poor confidence. Participants were asked to score their confidence about retirement out of 10. In October 2018 retirement confidence ...

AMP contests senior lawyer's claims

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... not work as a part of a cohesive team and openly disparagingly criticised her supervisors and other managers. She also had poor inter-personal and communication skills, situational awareness and emotional intelligence and took a patronising, legalistic ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
... licensing power, including through the imposition of tailored licence conditions to address governance weaknesses, the risk of poor conduct or vulnerabilities to conflicts of interest in a licensee's business model." IOOF said it is pleased with ...