REST denies charged premiums breached super laws
The fund’s submission to the Hayne inquiry rejects assertions that it engaged in behaviour that fell below community expectations.
CFS, UTS tie-up helps predict at-risk super customers
CFS is using machine learning to predict who of its customers are most in danger of risking their super.
Banks will face crisp penalties not wet lettuce
The inquiry’s interim report suggests regulators will soon be tough enough to make institutions think twice about wrongdoing, Andrew Main.
The evolution of rehabilitation in group insurance
Customer research is providing group insurers with new opportunities to support their members in their time of need. But can insurers help in the way customers want us to? With members’ needs constantly changing, insurers need to be more adaptable and responsive than ever before. While this is challenging, it does provide new opportunities … Read more
Hayne calls out regulators’ lack of action
The commissioner took ASIC and APRA to task for rarely if ever going to court against entities it accused of wrongdoing.
More trouble expected for banks in wealth
Analysts warn investors compensation costs will rise for the big banks, following the Hayne inquiry’s hotly anticipated interim report.
Australia, NZ asset owners top peers in cost-cutting
A survey finds that local investors trimmed more fat from their expenses than their global counterparts – but they also had more to cut.
Inquiry could force banks to halve dividends
SG Hiscock and Company’s Hamish Tadgell predicts findings from the Hayne Inquiry will lower dividends within institutional banking.
Hayne report to push new ethical standard
Empowerment of individuals should be the focus of the recommendations to come out of the Hayne Inquiry says Dr Simon Longstaff argues.
Choice products too conservative: Rice Warner
Many superannuation fund members investing in so-called Choice products appear to be using those that aren’t suited to their stage in life.
ME readies to swipe market share
The industry fund-owned bank’s new credit card offerings are at the heart of its plans for continued growth in 2018-19.
Using PE nous to invest in public markets
There are elements of the private equity investment model that can be applied to investment styles in public markets, says Avenir Capital.
