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Showing 721 - 730 of 3010 results for "Problem"

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
A relatively new advice association has picked up members at a rapid pace as it takes up the fight to retain life insurance commissions. The United Financial Advisers Association (UFAA) now has over 4000 members after launching just a few months ago. ...

TPD riddled with issues: ASIC

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
An ASIC review has found significant industry-wide problems with the design of total and permanent disability insurance and the claims handling process. The regulator said the problems means the over millions of Australian workers who pay for the cover ...

No pain, no gain: APRA

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
As APRA raises the bar for the superannuation sector, trustees are readying themselves for discomfort. But the prudential regulator believes the pain is necessary for improving member outcomes. Addressing the Australian Institute of Superannuation Trustees ...

Culture change must not be a fad: APRA

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
APRA chair Wayne Byres told Australia's banking lobby that changes to the sector's culture cannot disappear once the spotlight moves away. Speaking at the Australian Banking Association's national economic series in Sydney on Wednesday, Byres said APRA's ...

Chief economist update: China's great leap forward 70 years in the making

BENJAMIN ONG  |  FRIDAY, 27 SEP 2019
... outlook, the OECD's interim projections still forecast 6.1% growth for the Chinese economy this year. Next year is the problem where the OECD expects China's economy to grow by only 5.7% (downgraded from 6% in its May forecast). The continued ...

MySuper not the only problem: AIST

HARRISON WORLEY  |  THURSDAY, 26 SEP 2019
The Australian Institute of Superannuation Trustees has hit back at newly launched consumer group Super Consumers Australia after it unleashed an attack on MySuper products yesterday. AIST chief executive Eva Scheerlinck moved to play down the significance ...

Chief economist update: Time for a Keynes comeback

BENJAMIN ONG  |  TUESDAY, 24 SEP 2019
... within central bank targets. They've only lifted asset prices, a situation which would ultimately become a future problem. With low global interest rates, governments could borrow and spend and reverse the economic downdraft at very low costs. There's ...

Support staff should meet FASEA standards

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
... commissioner's personal view that the absence of commissions on the sale of life insurance would not result in an underinsurance problem in Australia, that's his personal view - it is not his recommendation," Ashenden clarified. Ashenden wanted to make ...

Thousands strike from work for climate

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
... officer Allyson Lowbridge said. "Deforestation is escalating and while fires in the Amazon are drawing attention to the problem, there is still not enough money being invested to protect the world's forests, despite their capacity to combat the climate ...

Banks face imminent disruption

ELIZABETH MCARTHUR  |  THURSDAY, 19 SEP 2019
... Asset Management event how she considered banks to be positioned for the future. "Banks anywhere in the world have a big problem, and that's the inverted yield curve. Their net interest margins are getting crushed," she began. "We don't think that this ...