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Showing 931 - 940 of 7325 results for "Life"

ASIC looking to send message with eToro action

CASSANDRA BALDINI  |  WEDNESDAY, 9 AUG 2023
... in response to failed promises and is reminiscent of some of the conduct seen during the Royal Commission. Recently, MLC Life Insurance was hit with a $10 million fee for misleading customers and failing to provide benefits. The life insurer was penalised ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... Australia. Hejaz Islamic Super and Pension provides growth, balanced, and conservative investment options, flexible for various life stages including accumulation and pension phases. The balanced investment strategy allocates 60% to growth assets and ...

Online investor numbers dip as cost-of-living bites

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
The latest Investment Trends' Australian Online Investing Report has cited cost of living pressures as cause for the decline in online investing this year. Based on a survey of 22,324 investors and traders conducted from April to May, found about 1.28 ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... purpose of superannuation is to provide for retirement income and of course, you know, those last stages in a person's life has got to be taken into account in this." Earlier this year, the government released a draft objective for superannuation ...

Bombora, Morrows partner on risk advice

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
... Butler. Both Peck and Butler bring more than 20 years' experience in advice and are currently directors of Safeguard Life in Melbourne. Meanwhile, Laurel Moulynox, who serves as director of Morrows Private Wealth, said: "We are delighted to partner ...

Trust trumps product advice: Research

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... feeling as they near retirement and what they're seeking in a financial adviser at this particularly stressful point in their life." "The findings within the report show that it's not enough for financial advisers to simply do what they're hired to do ...

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
Russell Investments GoalTracker, the MySuper default option for iQ Super, Nationwide Super and Resource Super members, has posted returns up to 13.5%. The GoalTracker investment option delivered a 13.5% return for members aged 50 and under, attributed ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... was true. "He was making a profit. When we explained that to him the dispute disappeared," Singh said. On a brighter note, life insurance complaints trended down 24% to 1898, while general insurance complaints skyrocketed 50% to 27,924. From the total ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... million from clients. ASIC has previously said that he told investors they could expect guaranteed returns of 25-50% over the life of each development, expected to be 18-24 months. ASIC has also previously alleged that Hopkins misused investor funds ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
Challenger will provide Aware Super with a $619 million group lifetime annuity policy to de-risk some of its lifetime pension liabilities. Challenger was selected by the fund, saying it is well placed to meet the needs of Aware Super's defined benefit ...