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Showing 1 - 10 of 100+ results for "Australians"

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
... poor level of uptake by consumers with a fee-only model will lead to substantially low levels of life insurance for Australians. AMP proposed the caps be raised to 80% upfront and 20% ongoing to "more appropriately reward" financial advisers. AMP director ...

Government commits to Quality of Advice Review in current form

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... regulators have made to the review's progress to date," Jones said. "The government is committed to ensuring that Australians have access to high quality and affordable financial advice." The Quality of Advice Review received 130 submissions from industry ...

Insurers to get new advocacy body

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
... spokesperson for the group said. "CALI will also look to foster and strengthen the knowledge and understanding of Australians on the value of life insurance and the importance of the benefits and protections it provides." To date, much of the advocacy ...

Sue Brake to leave Future Fund

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
... will enable the Future Fund to continue its critical mission of investing for the benefit of future generations of Australians." "It has been a privilege to contribute to the success of the Future Fund and to work with such a talented team of investment ...

Active Super kickstarts reward program

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
... would typically have with their super fund. "We are proud to be driving better retirement outcomes by encouraging more Australians to top up their super every time they shop. It's a chance for people with lower balances to contribute and get extra ...

Advice requirements confusing, complex: JAWG

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
... Sustainability pressures were also flagged in the review submission as an area for improvement. The group said: "The more Australians can build their financial independence, resilience and wellbeing, the less pressure there will be on governments to ...

Ord Minnett announces Perth office launch

CASSANDRA BALDINI  |  FRIDAY, 17 JUN 2022
... significantly strengthened Ords' presence and will provide the foundation of a long and successful association with West Australians. " Ord Minnet state manager for Queensland and Western Australia David Lane further attributed the move to the state's ...

Colonial reveals Australia's huge untapped workforce

ANDREW MCKEAN  |  THURSDAY, 16 JUN 2022
The Colonial First State Unleash Your Second Half report stated Australia has a huge untapped workforce of older Australians who would delay retirement for up to 10 years if they were able to switch careers. Upon investigation, Colonial found a strong ...

Padua launches new adviser tool

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... time, cost, quality, and engagement. "With the number of financial advisers in Australia falling, but the number of Australians seeking advice increasing, advisers are struggling to meet the demand for quality advice at an affordable and accessible price," ...

Fair Work Commission raises minimum wage 5.2%

CASSANDRA BALDINI  |  WEDNESDAY, 15 JUN 2022
... compensate for inflation, without triggering a wage-price spiral or higher unemployment." The Panel noted that lower paid Australians are particularly vulnerable in the context of rising inflation. "The outlook for inflation is also materially higher ...
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