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Showing 7381 - 7390 of 22140 results for "Tim"

New advice groups detrimental to consumers

HARRISON WORLEY  |  MONDAY, 18 NOV 2019
The co-founder of iPac Securities believes the issues that saw the big banks exit wealth management will pale in significance to future failures he expects will come as a result of "fringe" advice groups. Appearing at the ASFA Conference in Melbourne ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
ASIC said its current tally for remediation provisioning is now "well above" $10 billion, but only $660 million has been returned to 1.2 million consumers. Speaking at the FINSIA: The Regulators 2019 conference, ASIC deputy chair Karen Chester said ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
I painted a picture of the latest domestic surveys and stats last week arguing that the RBA would need to cut interest rates some more to try and reverse the trend deterioration in the domestic economy. In it I briefly touched on the Australian dollar ...

AustralianSuper appoints regional head for US

KANIKA SOOD  |  FRIDAY, 15 NOV 2019
The $170 billion superannuation fund has named its regional head of US, as it gears up to open an office in New York. Susan Alexander will lead the new office, the opening of which AustralianSuper has flagged previously. Alexander is a long-time AustralianSuper ...

Hume blasts super merger laggards

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
Senator Jane Hume has slammed the superannuation industry over the excuses used by super funds for not merging, saying there is simply no excuse when members' best interests are at play. Speaking on the final day of the ASFA Conference in Melbourne ...

Waiting periods cost 214% on premiums: Research

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
Premiums on income protection can be up to 214% higher if a member is defaulted into a shorter waiting period, research presented at the Challenger Financial Standard Technical Services Forum shows. Presenting at the forum yesterday, Rainmaker head ...

Life Company of the Year crowned

ELIZABETH MCARTHUR  |  FRIDAY, 15 NOV 2019
Two major insurance providers have cleaned up at the Association of Financial Advisers' Life Company of the Year and Consumer Choice Awards. Taking home the coveted namesake award, TAL was named Life Company of the Year for the third consecutive year. ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
RBA rate cut expectations strengthened after the release of worse-than-expected Australian labour market report. Duh! If financial markets were waiting for the jobs report to raise the odds of another Reserve Bank of Australia (RBA) rate reduction ...

No pat on the back for high performers: APRA

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
APRA's superannuation heat map will not feature any means for demonstrating high performance across any of the system's metrics, the regulator has revealed. APRA outlined its superannuation heat map at the 2019 ASFA Conference in Melbourne this ...

Default insurance likely to go: Silk

HARRISON WORLEY  |  FRIDAY, 15 NOV 2019
AustralianSuper chief executive Ian Silk has predicted a decline in the important of insurance in superannuation, including its ousting as a default portion of the system. Appearing as part of a panel discussion about the future of super at the ASFA ...