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Showing 771 - 780 of 2995 results for "Problem"

Robert slates industry over inactive accounts

HARRISON WORLEY  |  THURSDAY, 21 MAR 2019
... there's anyone in the room that I've said 'No, I won't see you,' to," he said. But the entire industry knew there was a problem, he added, saying he doesn't believe there was any collective effort to change. "And I'll just put that out there, because ...

Indigenous super access needs improvement

KARREN VERGARA  |  TUESDAY, 19 MAR 2019
Two years since AUSTRAC updated its guidance on overcoming identification issues for Indigenous people, there is more work to be done on the superannuation industry front. The Australian Institute of Superannuation Trustees chief executive Eva Scheerlinck ...

Zero tolerance approach to poor culture needed

KARREN VERGARA  |  MONDAY, 18 MAR 2019
The newly appointed lead of APRA's capability review is taking a no-nonsense approach to fixing poor behaviour and getting culture right. Monash Business School professor Graeme Samuel, who appeared at the 2019 Conference of Major Super Funds (CMSF) ...

Qantas Super urges women take control of super

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAR 2019
... "We strongly support a national discussion about women and their superannuation and wellbeing in retirement. This is a problem that must be addressed by both the private sector, employers and Government." Another stark gender gap arose in the survey ...

Super needs a clear objective: Cooper

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... The Labor MP said franking credit refunds couldn't continue in their current form because Australia had a "structural problem" with its budget, highlighting Cooper's point. "It's highlighted by the fact that we have an ageing population," Thistlethwaite ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... percent). In addition, public demand added 0.1 percentage points..." But it's not domestic demand that's Japan's problem. Domestic demand is being underpinned by low unemployment rate - down to 2.4% in December from 2.5% in the previous month ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... Visiting Sydney yesterday, Industry Super Australia chief executive Bernie Dean said stapling is not the solution to the problem of multiple accounts. "It will potentially worsen the problem for people who are stuck in a dud fund," Dean said in a conversation ...

Magellan eyes retirement income products

KARREN VERGARA  |  FRIDAY, 15 FEB 2019
... there," he said. "We are not in the product proliferation business and want our offerings to meet a need, help solve a problem." Magellan's retail business, which is mainly sourced from Australia and New Zealand financial advisers and self-directed retail ...

Government carves out super deal

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
... held in not-for-profit funds and 52% in retail funds. What this shows, Rainmaker said, is that inactive accounts are a problem for all super fund segments. However, these accounts hold an insignificant share of funds under management. Linden said the ...

Royal Commission to disrupt product distribution: Roy Morgan

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
Financial product distribution is likely to be disrupted as the Federal Government looks to implement the recommendations of the Royal Commission's final report. Latest insights from Roy Morgan show intermediaries account for the distribution of about ...