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Showing 661 - 670 of 2687 results for "Fair"

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
... Courts would also be empowered to approve or vary the proceeds that go towards members of the class action to ensure it is fair. "To further protect plaintiffs, the draft legislation would establish a rebuttable presumption that a return to the general ...

Actuary of the Year named

ANNABELLE DICKSON  |  TUESDAY, 28 SEP 2021
The Actuaries Institute named the principal at Sydney-based actuarial consultancy Taylor Fry as the 2021 Actuary of the Year for his work on social issues. Hugh Miller focuses on using data and complex analysis to improve public policy outcomes including ...

TAL releases income protection range

KARREN VERGARA  |  FRIDAY, 24 SEP 2021
... "This is an important piece of work for the entire industry, and we must persist in our goal of designing sustainable and fair products that work well for all customers, including those customers who need to make a claim, as well as those customers who ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
Financial advisers who are vertically integrated or have a financial relationship with fund managers pose a potential risk for conflicts of interest, particularly in relation to costs and managed accounts, new research shows. New research conducted ...

IDII pitfalls advisers should avoid

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... about her experiences with IDII complaints, particularly when it comes to insurance switching advice. Cameron has seen a fair number of complaints about unexpected costs and affordability associated with income protection products and step premiums - ...

UHNWs see net zero as business opportunity

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
The super-rich are committed to addressing climate change, especially when there's a profit to be made in the process. New research from Barclays Private, Campden Wealth and Global Impact Solutions Today sought the opinions of 300 of the wealthiest ...

Managed accounts surpass $100bn

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
The take up of managed accounts continues to grow with the industry growing $15.8 billion in the last six months to $111 billion, new research shows. The Institute of Managed Account Professionals (IMAP) and Milliman's latest Managed Accounts FUM Census ...

HESTA to support young women in financial services

ANNABELLE DICKSON  |  TUESDAY, 14 SEP 2021
The $64 billion industry fund has partnered with Girls of Impact to encourage young women to consider careers in financial services where women are historically underrepresented. The collaboration will highlight opportunities and pathways in areas that ...

Pinnacle acquires third-party distributor

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
Pinnacle Investment Management Group is acquiring 100% of a third-party distributor working with boutique fund managers. Winston Capital Partners gives Pinnacle on-the-ground representation for the first time in Western Australia, the firm said. Upon ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
The Federal Court has found Colonial First State misled members of its FirstChoice Fund on at least 12,978 occasions over nearly two years in relation to switching to its MySuper product. The court found CFS's communication (via letters and calls) ...