Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 96 results for "Case Study"

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... be hit with $67 million in compensations costs Hodge said the Commission will hear from MLC's trustee NULIS as a case study after it admitted to engaging in conduct that fell below community expectations. In a statement handed down to the Commission ...

Super funds countdown to Royal Commission

KARREN VERGARA  |  MONDAY, 9 JUL 2018
... mis-selling of insurance to the Commission and breached the Corporations Act in numerous instances. In Kathy Marika's case study, Orr summarised that Select breached the Act when call centre employees provided personal advice without proper authorisation ...

Technical Services Forum looks at tax and aged care

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
... advisers and planners. IOOF senior technical services manager Linda Bruce presented the audience with a challenging case study - calculate the capital gains taxes for a musician couple's business through a 25 year lifecycle. The audience had to make ...

Budget paves way for retirement income framework

KARREN VERGARA  |  TUESDAY, 8 MAY 2018
... and flexibility in retirement income products and help boost their living standards, the Government said. It used a case study to illustrate. Ying is 65, approaching retirement and has $350,000 in her super fund BestSuper. Under the current rules, the ...

ANZ dragged its heels on adviser misconduct

ALEX BURKE  |  FRIDAY, 20 APR 2018
... Advice told the Royal Commission the group took "too long to act" on adviser misconduct. Darren Whereat discussed the case study of former RI Advice authorised representative John Doyle with Senior Counsel Assisting Rowena Orr. Despite Whereat attending ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... ASIC is not prepared for ASIC reports. See More: Dead advice clients slugged ongoing service fees Royal Commission case study: advice put retirement in ruins ASIC totally unprepared for advice reforms: Tynan Treasurer backs ASIC investigations

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
A Westpac case study analysed by the Royal Commission has demonstrated the devastating impact of inappropriate financial advice. Providing testimony in the first case study of inappropriate advice to be explored by the Commission, former Westpac customer ...

AMP admits to serious misconduct in RC submissions

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... charging of fees for no service. Orr confirmed that AMP's conduct in relation to fees for no service would serve as a case study later in the advice hearings. Further, AMP acknowledged that since 2009 it has identified 81 advisers with potential ...

Milliman launches course correction tool for retirees

ALEX BURKE  |  TUESDAY, 10 APR 2018
... products. But we're not exploring the immediate volatility issue with as much nuance." Research on Even Keel uses a case study whereby a retiree couple have invested $525,000 in an 80/20 fund just before the GFC. When the crash occurs, the value of this ...

Spotlight on financial elder abuse

JAMIE WILLIAMSON  |  FRIDAY, 6 APR 2018
... It can sometimes be that the abuser has a mistaken sense of entitlement to something," she explained. Glomb cited a case study in which an older person transferred the title of her home to her son. The son agreed to provide ongoing care, support and ...