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Showing 981 - 990 of 2689 results for "Fair"

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
ASIC's review of the sale of consumer credit insurance has lambasted the sector for consistently failing consumers in the design and sale of products. According to ASIC report 622, CCI products are being promoted and sold to customers unfairly, and ...

Association names new chief

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2019
The Stockbrokers and Financial Advisers Association will welcome a new chief executive at the end of August. SAFAA chief executive Andrew Green announced his intention to step down at the association's recent annual conference. Succeeding him will ...

Increasing SG costly for middle Australia: Grattan

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... Henry Tax Review and the Parliamentary Budget Office." It is also the position held by Paul Keating, Bill Shorten and the Fair Work Commission in 2013. The Australian Institute of Superannuation Trustees head of advocacy Ailsa Goodwin said adjusting ...

Industry funds surge ahead in satisfaction

KANIKA SOOD  |  MONDAY, 8 JUL 2019
Industry funds have widened their lead over retail funds in how satisfied their members are with their fund's financial performance over the last 12 months, according to latest Roy Morgan research. In May last year, 62% of industry fund members said ...

ASIC boosts AFSL application requirements

HARRISON WORLEY  |  MONDAY, 8 JUL 2019
ASIC has altered the procedure it uses to assess Australian Financial Services Licence applicants, with many now required to provide more historic information to the corporate regulator. ASIC released information sheet 240 to help guide for AFSLs affected ...

Super fund bolsters leadership

ELIZABETH MCARTHUR  |  FRIDAY, 5 JUL 2019
A superannuation fund targeting ethical investors and millennials has announced two C-suite promotions. Future Super has a new chief operating officer in Leigh Dunlop, who has been promoted from her role as head of people and culture. Dunlop has been ...

Chief economist update: RBA justified to cut rates or not

BENJAMIN ONG  |  FRIDAY, 28 JUN 2019
There's no question about it, for sure and for certain the Reserve Bank of Australia (RBA) will cut interest rates again. RBA governor Philip Lowe told us so when he addressed the Committee for Economic Development of Australia (CEDA) event in Adelaide ...

OnePath updates trauma definitions

KARREN VERGARA  |  MONDAY, 24 JUN 2019
... three," he added. Insurers that commit to the Life Insurance Code of Practice vow to conduct services in a way that is open, fair and honest. It also sets out timeframes for insurers to respond to claims, complaints and requests for information from ...

ASIC approves AFCA rules change

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
ASIC has approved changes to the Australian Financial Complaints Authority rules for legacy complaints. The ASIC approval gives effect to the AFCA authorisation condition introduced by the government earlier this year. Under the government's additional ...

How key is gender in retirement outcomes?

HARRISON WORLEY  |  TUESDAY, 18 JUN 2019
A question about gender inequality in retirement was met with silence and then laughter at the recent Actuaries Institute Summit in Sydney. UNSW associate professor Anthony Asher, Mercer senior actuary David Knox and Rice Warner founder Michael Rice ...