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Showing 7851 - 7860 of 28273 results for "NOT"

COVID-19 drives Aussies to check exemptions

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
In one of the most tragic of COVID-19 consequences, the pandemic is driving Australians to ask their life insurers whether their policies cover them for suicide, the House of Representatives Standing Committee on Economic has heard. Appearing before ...

Super CIOs defend illiquid assets

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... webinar to set the record straight. AustralianSuper chief investment officer Mark Delaney said the idea that super funds do not have the liquidity to meet the early release demands brought about by financial hardship during COVID-19 is a "furphy". "I ...

Adviser fears over ASIC relief

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
... the meeting, within the meeting and then post-meeting... If I'm charging myself out of several hundred dollars-plus, that's not a very long meeting," he says. TWD director Cara Graham agrees, saying even with the temporary measures advisers are still ...

Local financial sector to lose $3.5bn plus

KANIKA SOOD  |  THURSDAY, 30 APR 2020
... has been rolled out by the federal government," Richardson said. "The pain of lost incomes isn't equally distributed. Not surprisingly, the deeper the lockdown impacts, the deeper the income losses." Richardson said accommodation and food services ...

Financial services boards overpaid: Research

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
Australia's financial services companies are the seventh largest group of companies listed within the ASX100 by market capitalisation, yet their directors are among the most handsomely rewarded. A new report released by Apollo Communications reveals ...

Former Spectrum Wealth, NAB advisers banned

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... product advice recommending they establish SMSFs and roll over their existing superannuation into SMSFs. "In doing so, she did not act in her clients' best interests or provide advice that was appropriate to their circumstances," ASIC said. ASIC said ...

Adviser bans fall

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... Crennan said. "I also set out its focus on deterrence, public denunciation and punishment, particularly in applying our 'Why not litigate?' enforcement discipline. Crennan said ASIC has worked on developing its enforcement strategy and priorities for ...

Best MySuper products revealed

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... Smartsave MySuper which returned 9% per annum over three years. Total MySuper assets topped $800 billion at the end of 2019. Not for profit funds control 84% of that and within the not for profit sector industry funds hold 73% of the assets. MySuper ...

FASEA too soft on ethical investing: Advisers

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... "I don't see how you can consider the preferences of your client without expressly asking those questions," Rae said. "It's not until you start having that conversation that you realise they might have a preference on responsible investing." Asked whether ...

AZ NGA makes 64th acquisition

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... calling our clients, checking that they are okay and reassuring them that they are covered should something go wrong. We are not sitting back and crossing our fingers that clients don't cancel their policies." He added that in recent times the number ...