Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 8481 - 8490 of 28277 results for "NOT"

Industry fund strengthens board

HARRISON WORLEY  |  MONDAY, 13 JAN 2020
A $12 billion industry superannuation fund has continued its shift towards a more independent board, adding a new director. Local Government Super appointed experienced director Claudia Bels to its board, as the fund continues to broaden the diversity ...

FPA supports tightening insurance claims

ELIZABETH MCARTHUR  |  MONDAY, 13 JAN 2020
... advice warnings, it said, should include that the individual is representing the insurer and the interests of the insurer not the interests of the individual making the claim. The FPA also supported insurers' representatives being prohibited from providing ...

UniSuper on climate chopping block

ELIZA BAVIN  |  MONDAY, 13 JAN 2020
... chopping block in a divestment campaign aimed at pressuring the fund to ditch shares in fossil fuel companies. "UniSuper does not have fund-wide exclusions on fossil fuel investments of any kind. Instead, it claims to engage with investee companies in ...

Latitude Financial joins banks on AFCA complaints list

ALLY SELBY  |  MONDAY, 13 JAN 2020
... complaints between the eight-month period beginning November 2018 to the end of June 2019. Nearly 45% of these complaints were not resolved. Most complaints received by the authority centered on credit card products, with 3570 complaints received during ...

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... mid-January; a 2.3% increase from 2018." Hip, hip. The RBA wouldn't need to exhaust all its interest rate cut bullets, not to mention engage in quantitative easing, anymore. More so, given that the Morrison government - forgive my cynicism but in ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
The Reserve Bank of Australia will not allow tech giant Facebook to launch its cryptocurrency Libra in Australia until all risks and regulatory requirements have been mitigated. And even if these regulatory requirements were met there wouldn't be ...

Geared super funds hit jackpot

HARRISON WORLEY  |  FRIDAY, 10 JAN 2020
Latest research shows that geared super funds enjoyed a stellar 2019 thanks to a bull run in financial markets. According to new Rainmaker research, the top 10 geared retirement and superannuation funds achieved returns in excess of 50% in the 12 months ...

Industry fund ups fees ahead of merger

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
A $13 billion industry superannuation fund has increased its insurance fees ahead of merging later this year. MTAA Super wrote to members in a significant event notice to let them know that from 3 February 2020 insurance fees for death and total and ...

Sunsuper welcomes new board directors

ALLY SELBY  |  FRIDAY, 10 JAN 2020
A superannuation sector veteran has been appointed to the board of Sunsuper, helping lift female representation on the board to 40%. Cate Wood has joined the Sunsuper board, bringing with her more than 20 years in leadership roles in profit-for-member ...

Faith-based super fund increases fees

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... the promoter of the fund undertook a review of the fees charged to members as a result of rising administrative costs due to not only regulatory changes but Sharia law compliance. The cost of Sharia law compliance was addressed in a significant event ...