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Showing 801 - 810 of 1879 results for "Never"

Poor systems delay MySuper transitions: CFS

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
... consideration. Hodge asked if was simply possible to terminate trailing commissions? "Yes," Elkin said. This was something that was never considered before the Royal Commission, she added. Yesterday, the commission heard Colonial First State executive ...

NAB complicated plan service fee issue: Royal Commission

HARRISON WORLEY  |  MONDAY, 13 AUG 2018
... appropriate remediation methodology is. "Otherwise, if you took what you just said to its extreme conclusion, the trustee would never take any money from members. Or any money it ever received, it would give back," Hagger said. Hodge said the issue was ...

Diversity underscores wealth manager success

KARREN VERGARA  |  TUESDAY, 31 JUL 2018
... at the event, said when the Global Financial Crisis hit numerous women left the investment management industry - and many never came back. The market was down 40% and there were a lot of retrenchments; the women who left the industry searched for organisations ...

Adviser Ratings to predict licensees' quality of advice

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
... Royal Commission advice hearings, their thirst for deeper insight about licensees, both their incumbent and prospective, has never been greater," Hoven said. "Equally, licensees seeking to benchmark internally and differentiate in market should find ...

BTFG will pay back grandfathered commissions to customers

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... one of them, which was allowing the opt-in of ongoing advice relationships, pre-FoFA, to be grandfathered," he said. "We never actually understood it [the decisison]. So every year, every [BT advice] customer who may have been with us for 10 or 20 years ...

Ex-industry super fund chief joins robo-adviser

JAMIE WILLIAMSON  |  MONDAY, 23 JUL 2018
... former chief executive of Equipsuper. She was appointed in 2010 to spearhead the merger of Equip and Vision Super. The merger never went ahead, but Press remained as chief executive for six years. Departing the now-$14 billion industry fund in June 2016 ...

Aussie seniors fear GFC repeat

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
... savings that can be withdrawn when needed and income that adjusts for inflation. Despite this, 16% of retired respondents had never sought financial advice and 27% of those not yet retired have not seen an adviser.

Real estate investment veteran to depart

HARRISON WORLEY  |  MONDAY, 16 JUL 2018
... delivering returns to investors and developing our Australia business." Mackie said the breadth of the platform ensured he was never short of a challenge during his 40-year career. "It has been a privilege and a genuine honour to have worked at one firm ...

Financial services employees face ongoing stress at work

HARRISON WORLEY  |  WEDNESDAY, 11 JUL 2018
... coalface. Chief executive of the Association of Financial Advisers, Phil Kewin, admits it's a trying time. "I've never seen a more stressful environment for advisers in terms of their business, the security of that business and the future of ...

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
... the worst defaults ever in the world. In America, they had the adjustable mortgage rate market, but in Australia there has never been a default. It probably won't happen," Carden says. Australian prime RMBS delinquencies picked up slightly over the ...