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Showing 8431 - 8440 of 28277 results for "NOT"

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... and NULIS failed to exercise the degree of care, skill and diligence required of a prudent super trustee and that they did not perform their duties and exercise their powers in the best interest of beneficiaries. It also alleges that the trustees failed ...

Chief economist update: Equity markets struck by coronavirus

BENJAMIN ONG  |  WEDNESDAY, 22 JAN 2020
... old Chinese boy with a travel history to Wuhan after he showed flu-like symptoms before arriving in the country." So far so not as scary as the scare-mongering we've witnessed during the SARS epidemic of 2003 or that of the swine flu of 2009. According ...

Chief economist update: More from Morrison

BENJAMIN ONG  |  TUESDAY, 21 JAN 2020
... disasters. To wit: "The federal government also came under fire for cutting funding to disaster response agencies. This has not been confirmed by examining the Commonwealth budget papers, but while looking for it, The Fifth Estate did note that the 2019-2020 ...

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
... have been consistently low for some time. That said, the fund does have a capital guarantee to ensure the starting balance is not eroded. "An ERF is designed as a temporary account that allows customers to transfer the funds to a superannuation fund ...

Aberdeen head of global equities to leave

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
... promotion brings additional people management and commercial development responsibilities, it's important to note he will not be assuming portfolio management duties for any of the long-term quality strategies, including the Aberdeen Standard International ...

New super fund targets millennials

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... ratio are above the Rainmaker benchmark of 1.19% on a $50,000 balance for a personal product. "This is a personal product, not a MySuper product. Elevate needs to raise FUM and revenue very quickly to survive a competitive landscape," Rainmaker head ...

Aberdeen Standard, HUB24 partner

KANIKA SOOD  |  TUESDAY, 21 JAN 2020
... "Over the next decade alone the number of Australians over 65 is projected to grow from four to seven million and most, if not all, of these will be drawing down money from their superannuation. However, most super funds say they are not ready for this ...

Opt-out super to hit workers: ISA

HARRISON WORLEY  |  TUESDAY, 21 JAN 2020
... rely more heavily on the aged pension, which would eventually hit the nation's bottom line. "This dangerous proposal could not only condemn more than one million New South Wales workers to poverty in retirement it lumps them with a bigger tax bill now," ...

What people really think about life commissions

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... the life of the policy. The average amount those consumers were willing to pay was $1700. About 55% of consumers reported not knowing how much their adviser receives in commissions. When asked what type of advice they were willing to pay for, 54% were ...

Light on horizon for global economy

ELIZA BAVIN  |  TUESDAY, 21 JAN 2020
... the time of the October WEO." "However, few signs of turning points are yet visible in global macroeconomic data." It was not all positive news however, with the global fund pointing to rising geopolitical tensions between the US and Iran, intensifying ...