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Showing 701 - 710 of 2446 results for "Claims"

Client drags advice firm, advisers to court

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
... its website, however the ASIC Financial Adviser Register shows Robert Patterson as a representative of Life Plan FP. Giam claims the duo won her trust by posing as her friends, pretending to involve her in the business (including as an employee) and ...

Industry funds pulled back to the pack

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
... would too feel the pinch, particularly given one quarter of SMSF assets are in equities. "There is much to be said for claims that SMSFs could rekindle some momentum from this," Dunnin said. "But we should note that this sector has also been transformed ...

Proceed with caution: Janus Henderson

ALLY SELBY  |  TUESDAY, 19 MAY 2020
... morphed into a financial shock and now has become an economic crisis," he said. "Since late March, weekly initial jobless claims have averaged 4.8 million compared to 306,000 over the previous decade. Continuous claims stand at nearly 23 million. "April's ...

APRA releases latest ERS data

ELIZA BAVIN  |  MONDAY, 18 MAY 2020
... significantly higher than APRA's data, which is a week behind. "The superannuation system with some $11.7 billion in claims it was noted that this was consistent with the Treasury estimate and this was not presenting liquidity issues," Morrison said. ...

KKR company cut doctors pay during pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAY 2020
Private equity firm KKR, which recently acquired Colonial First State, is in hot water in the US over claims a health company it owns cut doctors pay amid the COVID-19 crisis. KKR acquired a 55% stake in CFS on 12 May 2020 for approximately $1.7 billion. ...

Few funds immune to ERS

ELIZABETH MCARTHUR  |  THURSDAY, 14 MAY 2020
... economics about low balance members accessing early release. Dean said ISA research had found about 5% of early release claims left account balances at $0 and it expects that number to go up as the scheme continues. "It's important to understand, the ...

ASIC secures $160m in remediation over junk credit insurance

ALLY SELBY  |  THURSDAY, 14 MAY 2020
... customers continue to hold and pay premiums for consumer credit insurance policies. "ASIC will continue to collect and publish claims ratios to check how CCI products provide value to consumers and ensure ongoing public transparency," the watchdog said. ...

Mudslinging over FASEA extension continues

HARRISON WORLEY  |  WEDNESDAY, 13 MAY 2020
... those they represent a great disservice by putting out a release with facts they know are untrue." Responding to Jones' claims, Kewin said the association understood Labor's support to have ceased when it floated its amendments to the bill. "Our interpretation ...

Compliance crackdown, consultations on horizon: ASX

ALLY SELBY  |  TUESDAY, 12 MAY 2020
... description of and have been making COVID-19 announcements that have been misleading," he said. One such announcement made claims of a zinc-based sunscreen, which when gargled, could protect against COVID-19, Lewis said. "That's obviously a really ...

ISA, ME Bank issued please explain

ELIZABETH MCARTHUR  |  MONDAY, 11 MAY 2020
... dubious calculations about the impacts of early withdrawal will be examined, as will processes to stop fraud." Despite claims by the super sector that funds have ample liquidity to meet early release applications, Wilson will question ISA on the illiquid ...