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

Search Results

Showing 711 - 720 of 2686 results for "Fair"

$450 SG threshold axed

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
The longstanding requirement for workers to earn more than $450 a month to be entitled to the superannuation guarantee has been scrapped. In a move that would benefit more than 200,000 women, the need for Aussies to earn more than $450 a month in order ...

AMP trims platform fees

KANIKA SOOD  |  THURSDAY, 6 MAY 2021
AMP Australia is reducing fees on its platforms, in a bid to attract more clients. Its flagship MyNorth wrap reduced administration fees by up to 22% effective May 1 for balances above $250,000. Administration fee caps for individuals are reducing by ...

Amundi revamps climate fund

ANNABELLE DICKSON  |  MONDAY, 12 APR 2021
... institutional and corporate clients division & ESG Jean-Jacques Barberis said within the Paris Agreement the concept of a fair transition is central to net-zero economies. "There will be no transition if it is not socially acceptable. The social dimension ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
ASIC is taking Westpac to the Federal Court, alleging it sold junk credit insurance to 384 customers that did not want it and whose accounts were unlawfully debited to pay for the premiums. The corporate regulator has exposed dodgy sales of add-on insurance ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
... along with economic improvement and the effects of such factors as the decline in crude oil prices are likely to dissipate". Fair enough. But when? The BOJ's 'Summary of Opinions' at the same meeting in March infers that it won't be soon ...

LGIAsuper overhauls insurance, closes product

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
... fund we work hard to ensure that our members are sufficiently protected and that the premiums charged are competitive and fair. We only charge what it costs us to provide insurance cover and we do not make any profit from the insurance provided to our ...

Foreign exchange brokers banned

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
The corporate watchdog has banned the sole director and four employees of contracts-for-difference and FX broker Forex Capital Trading from providing financial services. Forex CT chief executive officer, responsible manager and sole director Shlomo ...

Banks should pay advice exit levy: TAA

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... advice, the major banks, despite being largely responsible for some of the poorest behaviours, are able to avoid paying their fair share. It's simply not good enough," Macdonald said. TAA also wants the government to provide relief to the remaining advisers ...

AustralianSuper introduces insurance changes

KARREN VERGARA  |  WEDNESDAY, 17 MAR 2021
AustralianSuper and its insurer TAL are making several changes to insurance premiums that will amend work-cover ratings and see some members pay lower premiums. Following its annual insurance review, Australia's largest superannuation fund, which ...

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
ASIC has permanently banned a Melbourne financial adviser for allegedly pressuring people into consolidating their superannuation for a fee. Nizi Bhandari has been banned from providing financial services permanently. He was an authorised representative ...