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Showing 811 - 820 of 3013 results for "Problem"

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
Major industry associations collectively agree that the Productivity Commission's final report reaffirms the strength of superannuation, but member advocates say the findings are wake up call to fix a broken system. CHOICE chief executive Alan Kirkland ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
I hear ya! US Fed Chairman Jerome Powell had already come out declaring something along these lines at his first outing for 2018. Still, it's more comforting to have all the members of the Federal Open Market Committee (FOMC) put their imprimatur in ...

Simpler fee disclosure on ASIC agenda

KARREN VERGARA  |  WEDNESDAY, 9 JAN 2019
Under new proposed changes by the corporate regulator, consumers will be able to compare superannuation funds and investment products more easily. ASIC released its response to Report 581, an independent review conducted by regulatory expert Darren ...

Chief economist update: So much Brexit uncertainty, so little time

BENJAMIN ONG  |  WEDNESDAY, 12 DEC 2018
... to re-opening negotiations. But in the world of international diplomacy, there would be some give and take. May's problem is at May could succeed in renegotiating the Brexit deal, but it passing through the British Parliament is another matter. Given ...

DomaCom raises more capital

HARRISON WORLEY  |  TUESDAY, 11 DEC 2018
Fractional property investment firm DomaCom recently raised about $3 million in capital. After its recent win in the Federal Court, the firm is aiming to capitalise on its success by recapitalising. In a press release this week, the firm said it secured ...

Complainants most satisfied with life insurers

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... complaints processes. Our research shows the strong connection between consumer satisfaction in how a firm deals with a problem, and their confidence in that financial firm," she said. Financial services and credit licensee firms must, by law, have an ...

Planning firm among healthiest Australian workplaces

HARRISON WORLEY  |  TUESDAY, 4 DEC 2018
Financial services companies fared well in AIA's latest healthiest workplace survey, with a 21-year-old firm recognised as Australia's healthiest small workplace. The Commonwealth Superannuation Corporation, planning firm Announcer and Mercer are all ...

For-profit lobbying leads to $53bn problem: AIST

HARRISON WORLEY  |  MONDAY, 3 DEC 2018
The Australian Institute of Superannuation Trustees believes carve-outs in superannuation reform designed to benefit the for-profit super sector are posing big problems for Australia's retirement system. Latest research from the AIST and UTS corporate ...

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
AMP has issued a clarifying statement following interim chief executive Mike Wilkins' testimony to the Royal Commission that the fees-for-no-service issue was initially expected to cost $1.2 billion and take nine years to remedy. He also flagged ...

ANZ lambasted for breach reporting delays

KARREN VERGARA  |  WEDNESDAY, 28 NOV 2018
ANZ is the slowest and an "outlier" among the major banks to report significant breaches, the Royal Commission heard this morning. ANZ chief executive Shayne Elliott couldn't justify why the bank took 213 days to report significant breaches (despite ...