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Showing 981 - 990 of 2995 results for "Problem"

Group insurance inaction is "robbery": Inquiry

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
Group insurers not doing enough to prevent the growing problem of employees owning multiple superannuation funds and life insurance premiums is equivalent to theft, according to today's life insurance parliamentary inquiry. Senate Parliamentary Joint ...

Euro strength is a source of weakness

BENJAMIN ONG  |  FRIDAY, 8 SEP 2017
... reflecting the recent appreciation of the euro exchange rate." And in the Q&A, when asked if Draghi thinks the euro is a problem at its current level (the euro is up 14.3% versus the greenback this year to date): "...the exchange rate is not a policy ...

Smash the super status quo

ALEX BURKE  |  FRIDAY, 8 SEP 2017
... innovation? We talk about moving into smart beta, but smart beta has been around for decades. What took us so long?" Part of the problem, she argued, was catering too heavily to the needs of a fund's existing member base. Rather than thinking about the ...

No room for complacency: APRA

ALEX BURKE  |  FRIDAY, 8 SEP 2017
... outcomes, and risk/return targets may need to be adjusted," she said. Rowell said she wants trustees to be cognisant of this problem, because "low-performing, high-cost funds are going to hit our radar screen." Over the coming months, Rowell said APRA ...

Markets are stronger than Trump

ALEX BURKE  |  WEDNESDAY, 6 SEP 2017
Ariel Investments president Mellody Hobson believes market fundamentals are stronger than any current geopolitical volatility. Speaking at the Australian Institute of Superannuation Trustees Super Investment Conference on the Gold Coast, Hobson said ...

Financial stress devastating Australian lives: Research

EMMA RAPAPORT  |  TUESDAY, 5 SEP 2017
Australians are turning to drugs and alcohol to manage the symptoms of financial stress according to the latest research. Details of a survey published by start-up Financial Mindfulness, based on CoreData research, show that almost one-in-three Australians ...

Higher and higher

BENJAMIN ONG  |  MONDAY, 4 SEP 2017
... consumer sentiment and by extension, consumer spending. But this could be due to the Bureau of Labor Statistics (BLS) problem with seasonal adjustments. Bank of America Merrill Lynch noted the August employment has increased by an average of 159,000 ...

Small licensees are PI insurance compliant: ASIC

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
The majority of small Australian financial services licensees are meeting professional indemnity (PI) insurance obligations, according to an ASIC investigation. ASIC's review included 56 small AFS licensees with 20 or less authorised representatives ...

Government funds ATO superannuation taskforce

DARREN SNYDER  |  TUESDAY, 29 AUG 2017
... are repeatedly caught but fail to pay SG liabilities. O'Dwyer said employers' failure to meet SG obligations has been a problem ever since the SG was introduced in 1992. "Employers who deliberately do not pay their workers' superannuation entitlements ...

Labor, FSU call for Royal Commission

KARREN VERGARA  |  TUESDAY, 29 AUG 2017
APRA's inquiry into the Commonwealth Bank reinforces an urgent need for a banking Royal Commission, according to Labor and the Finance Sector Union of Australia. If there are doubts about the need for a Royal Commission a year ago, there can be no doubts ...