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Showing 51 - 60 of 254 results for "Urging"

Vanguard targeted in bond fund scam

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... warning: if it feels too good to be true, it probably is," said Vanguard head of corporate affairs Robin Bowerman. "We are urging anyone considering investing in a new investment to conduct proper due diligence prior to transferring funds, including ...

Synchron demands clarity from insurers

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
Financial advice dealer group Synchron is urging life insurers to clarify their responses to the new unfair contract terms regime. The new regime will come into effect from 5 April 2021, requiring many policies to be corrected. "Our understanding is ...

Buffett doesn't want to report on diversity, climate

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
Berkshire Hathaway is urging shareholders to vote against two separate proposals urging the firm to disclose its climate-related risks and diversity metrics. Berkshire Hathaway Inc's annual meeting is scheduled for May 1. Proxy voting directions filed ...

Reference checks should cover all advice: FPA

KARREN VERGARA  |  MONDAY, 1 FEB 2021
... (Recommendation 1.6). Commissioner Kenneth Hayne slammed the advice industry for its poor background-checking practices, urging it to follow in the footsteps of the ABA. The inquiry found licensees frequently failed to respond adequately to requests ...

ERS a setback for young workers

KARREN VERGARA  |  MONDAY, 25 JAN 2021
... age cohort," AIST found. The scheme, which ended last month, saw 3.4 million members withdraw around $36 billion. AIST is urging the federal government to make a one-off contribution to the super of low-income earners who took advantage of ERS of about ...

Prioritise underperformance over stapling: AIST

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... stapling as existing members stuck in dud funds will be worse off. In its submission to the draft legislation, AIST is urging the federal government to reconsider its approach. The issue of underperformance in the super system must be addressed before ...

ASIC unveils school banking program review

KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
... state-by-state breakdown of contribution payments made to schools," he said. RateCity's research director Sally Tindall is urging parents to do their homework. She said: "CBA's YouthSaver is offering a rate of just 0.80% - parents can teach their ...

Dollarmites faces more backlash

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
... and make ongoing deposits into those accounts. In light of the Victorian ban, consumer comparison site RateCity.com.au is urging parents with children enrolled in Dollarmites to switch to savings accounts with a higher interest rate. Ratecity.com.au ...

ASIC prepares industry for claims handling law

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... managers, brokers as well as financial advisers who handle claims on behalf of an insurer will be directly impacted. ASIC is urging industry participants to apply for the AFSL or a variation to existing licences as soon as possible. For entities that ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
Asset management heavyweights are urging the nation's top 100 companies to take modern-day slavery and labour exploitation seriously by lifting the hood on their supply chains. The Investors Against Slavery and Trafficking (IAST) APAC, a newly-formed ...