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Showing 841 - 850 of 4429 results for "Poor"

Commonwealth Bank refunding millions in fees for no service

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... undertakings. As at the end of 2017, CBA has paid or offered to pay about $96 million in compensation to customers in relation to poor financial advice or adviser misconduct. Orr said that in its final submission, CBA outlined 76 separate instances of ...

ANZ issues last minute RC submission correction

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... qualifications or authorisations; falsifying customer or compliance documentation; deliberate overcharging of fees; providing poor advice; and failures to comply with disclosure obligations. There were at least 30 events of misconduct or potential misconduct ...

Default options safeguard retirement savings: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
... South Wales research initiative believes default superannuation and retirement options could prove beneficial in combating poor financial decision-making brought about by cognitive decline. Fresh insights from the ARC Centre for Excellence in Population ...

Executive pay structure still fuels risk-taking: APRA

KANIKA SOOD  |  WEDNESDAY, 4 APR 2018
... carrots are large and the sticks are brittle. Not only are rewards generous, but there are seemingly few repercussions for poor outcomes. It's in the industry's interests that this perception changes," Byres said. In the next phase of its work, APRA ...

Active managers must explain value better: Formica

DARREN SNYDER  |  TUESDAY, 3 APR 2018
... headlines they are seeing," Formica said. "That's where we haven't spent enough time. As an industry our customer service is poor." Formica adds it will be part of his strategy to drive client experience. At last week's media briefing he spoke about ...

Diversity leads growth manager in new direction

DARREN SNYDER  |  TUESDAY, 3 APR 2018
... Mercer diversity project in the UK," she said. It also spills to Platypus' investment model and the commonly held line that "poor corporate governance leads to poor financial performance." Brooke adds "there's more evidence that diversity does link with ...

Pre-retirees confident about nest egg: Poll

KARREN VERGARA  |  MONDAY, 26 MAR 2018
... CSBA Retirement Confidence Index (RCI) showed six-in-10 (63%) respondents do not have the confidence to retire comfortably. Poor confidence levels resonated mostly among 40 to 59-year-olds; females; non-owner housing occupiers; those with no major investments ...

Chief economist update: It's not just the trade war

BENJAMIN ONG  |  MONDAY, 26 MAR 2018
Trade war and an escalation of it was what every other financial market report pointed to as ground zero for the renewed equity market slump. Most equity markets from New York to Rio and old London town have now turned red this year to date, one would ...

Top stocks shine in the long term: ABDO

KARREN VERGARA  |  FRIDAY, 23 MAR 2018
... easier to find." "We saw this in the last tech boom and made some companies a lot of money - but on average the outcome was poor because most of them failed." Citing a quote from the a thought leader in value investing, Benjamin Graham, Hofflin said ...

No room for complacency: Rowell

KANIKA SOOD  |  MONDAY, 12 MAR 2018
... a trustee was meeting their obligation to act in the best interests of their members if they are consistently delivering poor member outcomes," she said.