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Showing 8781 - 8790 of 22146 results for "Tim"

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
CommInsure admitted it misled the Financial Ombudsman Service that was helping resolve a claimant's dispute by deliberately withholding medical information and delaying the process, the Royal Commission heard yesterday afternoon. Counsel assisting ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
AMP and Commonwealth Bank have responded to Slater and Gordon's announcement of a potential class action which could see the two parties forced to repay more than $500 million that was unfairly deducted from superannuation fund accounts. Launching ...

Freedom sold life insurance to intellectually disabled man: Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 12 SEP 2018
Freedom Insurance sold life insurance to an intellectually disabled man, and only cancelled the policy after several instances of correspondence with his family, the Royal Commission heard yesterday. Giving testimony at the second day of life insurance ...

How much your advice business will be worth in 2023

KANIKA SOOD  |  TUESDAY, 11 SEP 2018
What multiple will financial advice businesses sell at five years from now, and could implementing managed accounts boost their acquisition value? That's a question that Managed Accounts Holdings head of distribution and marketing Tony Nejasmic sparked ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
Japan's economy grew 0.7% in the June quarter after contracting 0.2% in the March quarter. This is stronger than the Cabinet Office's preliminary estimate of 0.5% and is the fastest growth rate since the first quarter of last year (0.7%). This ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
The sixth round of the financial services Royal Commission heard ClearView's direct life insurance business breached anti-hawking provisions up to 303,000 times. The figure has ballooned from the 278,664 originally reported to the Commission, according ...

Insurance in super code weak: ASIC

KARREN VERGARA  |  MONDAY, 10 SEP 2018
ASIC's latest review into insurance in superannuation shows the industry still has "significant weaknesses" despite the launch of the voluntary code of practice nine months ago. Over 2017-18, ASIC reviewed 47 superannuation trustees, which included ...

Industry fund chair retires

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
The chair of a $2.5 billion industry superannuation fund is retiring following about 20 years as a board director. AvSuper Fund chair George Fishlock will retire at the end of January 2019, having led the fund's board since 2003. Having worked as an ...

Philanthropic sector advocates transparency facelift

DARREN SNYDER  |  MONDAY, 10 SEP 2018
More than one-third of Australia's philanthropic giving is now tracked through a new online and interactive platform, answering calls for the industry to be more transparent. Launched at the recent Philanthropy Australia National Conference, the online ...

Chief economist update: Trump's beggar thy neighbour policy

BENJAMIN ONG  |  MONDAY, 10 SEP 2018
Another month, another strong US labour market report. The time before US President Donald Trump would have had consumers, businesses and investors everywhere dancing in the streets and singing hallelujah. This is due to the rationale that the US economy's ...