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Hostplus ups income protection premiums by 73%

ELIZABETH MCARTHUR  |  MONDAY, 24 AUG 2020
... arrangement that includes a Premium Adjustment Mechanism. It utilised this mechanism in setting the premium rates that will apply from October. "The use of this payment has enabled us to maintain the current death and TPD premium rates and limit the ...

Retail investors surpass one million

ALLY SELBY  |  FRIDAY, 21 AUG 2020
The retail investor population has surged 41% since the beginning of the year, with now more than one million punters trying to profit from recent market volatility. In Investment Trends 2020 1H Online Investing Report, the research house found the ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
... their super early. For vulnerable people, who might not be especially computer literate and able to easily navigate MyGov to apply for early release of super, the scams can be convincing. Rickard recalls one scam which recently went around on Facebook ...

Law firm slams insurer mental health policies

ELIZABETH MCARTHUR  |  FRIDAY, 14 AUG 2020
... were never going to be eligible for," she said. "Then there are delay tactics in the hope that people will just give up or apply for Centrelink. This renewed push is a totally inappropriate interference with treating doctors in order to pressure workers ...

Wheelhouse names new partners

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
Wheelhouse Partners has completed its transition to its new independent structure after agreeing to acquire Bennelong Funds Management's stake in its business, naming a new chief operating officer, co-investor and distribution partner. The revised structure ...

Investment committees not up to scratch

ELIZABETH MCARTHUR  |  THURSDAY, 6 AUG 2020
New research from Thinking Ahead Institute has identified the flaws in investment committee practices and governance. The research, Going from good to great, points to the aviation industry as one the investment industry could stand to learn from. The ...

CFA Institute reveals new exam regime

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... who have been postponed from the June exam and the exam they were subsequently registered for was postponed as well can apply for another deferral or a refund for the registration fee. Registrations for the February Level I exam are currently open, while ...

BDM salaries to drop

JAMIE WILLIAMSON  |  WEDNESDAY, 5 AUG 2020
... a result of COVID-19, Riva Recruitment said salaries are likely to decrease slightly in the coming months as more people apply for new roles - something also in relatively short supply. That said, BDMs with strong client relationships and investment ...

Government introduces pandemic payment

ANNABELLE DICKSON  |  TUESDAY, 4 AUG 2020
... this and we will get through it together once again," Morrison added. Eligible workers can phone a government hotline to apply for the payments from Wednesday.

Chief economist update: Cheaper prices not a bargain

BENJAMIN ONG  |  THURSDAY, 30 JUL 2020
Down, down, prices are down... big time! The Australian Bureau of Statistics (ABS) reported that the country's headline inflation dropped by 1.9% in the June quarter - the largest quarter on quarter decline in the 72-year history that the statistician ...