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Showing 701 - 710 of 1330 results for "AFFECTED"

ASIC orders HSBC remediation plan for "deficient" advice

ALEX BURKE  |  TUESDAY, 17 MAY 2016
... advice" provided on retail structured products. The advice in question was provided between January 2009 and March 2013, affected 464 out of 557 clients in HSBC's review, and was primarily given in "instances where advisers had obtained little to no ...

Public sector retirees still seek answers

DARREN SNYDER  |  TUESDAY, 17 MAY 2016
... A group representing public sector retirees is waiting on the federal government to release figures about Australians affected by the new 10% cap on defined benefit income that is excluded from the pension income test. The Australian Council of Public ...

AMP holds assets despite Genesys exodus

ALEX BURKE  |  THURSDAY, 12 MAY 2016
... $350 million are expected throughout FY2016, it would seem AMP is confident that winding up Genesys has not drastically affected its funds under management. AMP has faced other challenges during the quarter, though, given that net wealth management cashflows ...

Shorten attacks government's retro super changes

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
... said. He added the government was dangerously undermining super by claiming 4% of Australians in the super system will be affected by budget changes. He also took a shot at the government's proposal to remove regulations that restrict people aged between ...

Advisers not impressed with budget changes

KERRIE SYDEE  |  THURSDAY, 5 MAY 2016
... understanding of the planning industry's initial responses to this year's budget and how they believe their clients will be affected. The majority, 87.3% of respondents, said that they felt negative towards the proposed lifetime cap for non-concessional ...

Equip's new provision for domestic violence

DARREN SNYDER  |  TUESDAY, 3 MAY 2016
... has announced an addition to its employee support program that will see an extra five days' fully paid leave for staff affected by domestic violence. The special leave will support any employees who, as a result of domestic violence, are required to ...

Westpac net profit up 3pc

KERRIE SYDEE  |  MONDAY, 2 MAY 2016
... sector headwinds contributed to a softer performance in other divisions. In particular, Westpac Institutional Bank was affected by lower net interest margins and significantly higher impairment charted related principally to four large exposures which ...

Narev defends CommInsure record, wrote to five customers

ALEX BURKE  |  THURSDAY, 28 APR 2016
... Ian Narev has defended his company's life insurance arm in a letter to Senator Chris Ketter, noting he wrote to five affected customers recently. Referencing CBA's submission to the Senate Economics References Committee's Scrutiny of Financial Advice ...

Police super a budget beneficiary

DARREN SNYDER  |  THURSDAY, 28 APR 2016
... has listened to the concerns of NSW police officers and has acted to ensure their retirement savings are not adversely affected during negotiations on a permanent solution to the issue. The long-standing issue faced by NSW Police was most recently flagged ...

ASIC bans ex-NAB planner from the industry

ALEX BURKE  |  WEDNESDAY, 27 APR 2016
... statements of advice. ASIC also noted that it was NAB which alerted the regulator to Bhimani's misconduct and refunded affected clients. This news follows NAB chief executive Andrew Thorburn's public commitment to the comprehensive consumer protection ...