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Showing 671 - 680 of 3425 results for "Update"

ASIC reviews super calculators

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... consistency across the assumptions used are some of ASIC's proposals under Consultation Paper 351 Superannuation forecasts: Update to superannuation calculators and estimates relief. This includes having standard assumptions for retirement ages and ...

AFCA launches new platform to improve dispute resolution

CHLOE WALKER  |  FRIDAY, 19 NOV 2021
The Australian Financial Complaints Authority (AFCA) today launched a new digital platform to help financial services firms better manage disputes that reach the ombudsman service. The new AFCA member benchmarking dashboard is an interactive platform ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... a life insurance benefit known as a 'rehabilitation bonus benefit' to 297 eligible customers. It also failed to update its definition for severe rheumatoid arthritis in a timely manner, resulting in 12 customers with the condition being denied ...

BT confirms changes to super business

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
Financial Standard understands BT is preparing to announce the sale of its superannuation business, with the group confirming changes are underway. Financial Standard understands several roles were made redundant yesterday, with more expected throughout ...

Link to provide due diligence information

ANNABELLE DICKSON  |  MONDAY, 15 NOV 2021
... proposal will eventuate, and shareholders do not need to take any action in relation to the proposal and the board will update shareholders as appropriate," Link Group said in a statement. Carlyle Group's offer is made up of $3 per share cash offer ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
... 11 points to a reading of +21 in October. This is backed by the Westpac-Melbourne Institute index of consumer sentiment update that showed the index improving to a reading of 105.3 in November from 104.6 in the previous month. Given these positive indications ...

APRA finalises framework for insurance in super

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
APRA has finalised its revisions to guidance on insurance in superannuation, which was made in response to findings from the Royal Commission. APRA conducted extensive industry consultation on this matter over two years. Now, the completion of this ...

Government advances adviser levy drop

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
The federal government is forging ahead with slashing the financial adviser levy by more than a third for those that provide retail advice. Corporate watchdog ASIC today updated its 2020-21 Cost Recovery Implementation Statement, which lays out how ...

Australia Post Super Scheme cuts premiums by 10%

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
... with Sunsuper, which could possibly be completed next year, and said this was a factor in its strategic asset allocation update. The fund has been closed to new Australia Post employees since 2012 and has around 30,000 members.

Financial services feels talent crunch

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... specialist recruiter Kaizen has confirmed the industry is also suffering a dearth of talent. In its most recent quarterly update, the recruitment firm noted upward pressure on salaries in financial services due to a lack of qualified candidates to fill ...