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Showing 6881 - 6890 of 28267 results for "NOT"

Retail super fund scores best customer service nod

KARREN VERGARA  |  FRIDAY, 16 OCT 2020
... and mobile app, investments and advisers, and communication. While AustralianSuper's ranking plummeted, its score did not drop significantly, rather its competitors made large gains over the super fund in 2020. AustralianSuper still outperformed ...

Man arrested over investment scam

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
... said such scams could lead to someone losing their entire savings. "These scams can be incredibly destructive for victims, not just financially but also emotionally. We can have victims who believe they are making a reputable investment, only to lose ...

APRA advises funds to review ownership structures

ELIZA BAVIN  |  FRIDAY, 16 OCT 2020
... introduction of the controlling stake requirements, RSE licensees and the relevant persons acquiring the controlling stakes may not have always considered the application of these requirements to their particular circumstances," APRA said. "For example ...

Industry fund hikes income protection premiums

ANNABELLE DICKSON  |  FRIDAY, 16 OCT 2020
Ahead of its proposed merger with Cbus, Media Super has announced an increase in insurance premiums for default and non-default income protection. The premiums will increase from 1 December 2020 and will apply to members who receive automatic default ...

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... by 35,000 in September and the unemployment rate to climb to 7.1% -- heading to the 7.25% forecasts in the 2020-21 Budget. Not good enough and not if the RBA could help it. Speaking at Citi's 12th Annual Australia and New Zealand Investment Conference ...

Through good and bad: Advisers add value

JAMIE WILLIAMSON  |  THURSDAY, 15 OCT 2020
... "Advisers can add significant value to a client through structural tax strategies to manage investment tax," Russell said. "This not only requires a close understanding of the client needs, but also knowledge of new innovative investment solutions that ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
... wholesale and accredited Australian and Singaporean investors in March 2020. While Moors said the investment manager so far has not had much luck with Australian financial advisers due to its two year track record, the fund's performance and consistency ...

Stapling equals accountability: Hume

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
... funds will be forced to provide members an eight-year rolling performance measure highlighting where it is underperforming or "not living up to its own standards," she said. Hume also hinted that the highly-anticipated Retirement Income Review is a comprehensive ...

Pandemic batters life insurers

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
The coronavirus pandemic has wiped out $1.4 billion from the books of life insurers and triggered a spike in claims, according to new research. KPMG's 2020 Life insurance insights reveals close to half of the firms it analysed are making a loss. ...

A new model is coming: Licensees

ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
... biggest issues facing the industry. High on the agenda was the affordability of financial advice for ordinary Australians, not just the extremely wealthy. Dummett was asked about the regulatory burden on licensees. She said she wished more of licensee's ...