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Showing 791 - 800 of 1737 results for "Minimum"

Morrison backs customer-owned banking reforms

KARREN VERGARA  |  FRIDAY, 10 NOV 2017
... for APRA and ASIC to facilitate the issue of capital instruments by prudentially regulating the sector, and developing minimum service standards such as an agreed process, framework and timetable for capital instruments proposed. The review also recommends ...

WAM enters the fray for Molopo takeover

ALEX BURKE  |  THURSDAY, 9 NOV 2017
... assets. It's a good price for us," he added. The proposal is subject to multiple defeating conditions, which include a 50.1% minimum acceptance before the end of the offer period, no regulatory action against the offer, no material transactions by Molopo ...

AllianceBernstein slashes retail fees

ALEX BURKE  |  WEDNESDAY, 1 NOV 2017
... benchmark (or are below it), fees will reduce. There will, however, be a set range subject to a pre-determined maximum and minimum amount. "We want to demonstrate real commitment to our active management capability. We will move away from a flat fee ...

BTFG widens life insurance APL

ALEX BURKE  |  WEDNESDAY, 1 NOV 2017
BT Financial Group advisers will see their life insurance approved product list expand to a minimum of three, up from one currently. At the moment, Westpac Life is the only insurer on the BT Financial Advisers APL, although BTFG noted that over the ...

Banks will step out of wealth: Medcraft

DARREN SNYDER  |  TUESDAY, 31 OCT 2017
... which he replied "but I'm getting less and less people and funding so the good is declining." He then recommended, at minimum, a price signal should be established by the Federal Government for the use of ASIC resources. The big four auditing firms then ...

Super lump sums increase poverty risks: Report

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2017
... in private schemes in Australia and few pension plans have mandatory survivor schemes in place." It recommended that at minimum, superannuation should be taken as an annuity to avoid people from falling into poverty once they run out of assets from the ...

MLC Life enhances benefits, boosts savings

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2017
... chief customer officer, retail advised insurance, Melissa Heyhoe said. Amendments to the criteria include lowering the minimum sum insured amounts under MLC Insurance (Super) when income protection insurance is bundled with life cover and TPD insurance ...

Fidelity portfolio manager steps down

ALEX BURKE  |  FRIDAY, 13 OCT 2017
... benchmark (or are below it), fees will reduce. There will, however, be a set range subject to a pre-determined maximum and minimum amount. "We want to demonstrate real commitment to our active management capability. We will move away from a flat fee ...

APRA pushes for greater control over super

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2017
... products that don't meet legislative or quality requirements. APRA also supports the proposed amendments to require a minimum of one-third independent directors and an independent chair on superannuation boards, Rowell said. "It will ensure all boards ...

AMP improves adviser mental health training

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
AMP has refreshed its mental health training for financial advisers with new content that exceeds the minimum standards of the Life Insurance Code. Initially designed for customer-facing insurance staff, the modules aim to help advisers manage difficult ...