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Inducements to win default super widespread, fund boss confirms

MICHAEL BRISSENDEN: Earlier this week, AM reported on potentially unlawful tactics that some banks and insurance companies are using to wrestle control of default superannuation funds. A survey by ... read more

APRA and ASIC keeping keen eye on banks

The letters to ASIC and APRA, included an un-redacted survey of 550 small to medium-sized businesses which revealed evidence of "widespread systematic ... to switch staff default super funds to the ... read more

BusinessNow: Live coverage of financial markets and companies, plus analysis and opinion

What if the transfer balance for my super fund exceeds ... that a number of hedge funds who use the German bank as their prime broker have pulled their collateral. All eyes will be on DB shares and ... read more

Abortion safety similar at surgery centers and doctors' offices

Then, typically they have a checkup two weeks later to confirm that the pregnancy was terminated ... s first-half penalty.Jesse Lingard thought he had filled the role of super-sub as he coolly turned ... read more

ASIC, APRA probe bank super inducements

which represents the industry super funds, asking the regulators to act on findings of its survey that found widespread breaches over the past 12 months of provisions that bar funds offering ... read more

LegalSuper boss says unlawful bank spruiking 'widespread'

Audio: Inducements to win default super widespread, fund boss confirms (AM) "It is fairly predominant, and there are employers who may have commercial business that they conduct with particular ... read more

Superannuation & Funds Management - What's News - 11 March

... of offering inducements to win super accounts MEDIA – 3 March 2015 – Australia's big banks are accused of offering special inducements to businesses to encourage them to switch the default ... read more

UK economy starts the second quarter on the back foot

There was also widespread weakness across manufacturing in April, as the boost from the early completion of orders ahead of the UK’s original EU departure date has faded.' Before knowing that the ... read more

Opinion: Why I was persuaded to back LibDems4Change

I thought that by doing so we’d be seen to be rejecting our achievements in coalition whilst failing to win back any of the people we ... And, without such widespread personal distrust, this time the ... read more

Banks under fire on super deals

A survey of 550 small to medium sized businesses has found evidence of "widespread systemic ... which prohibits the offering of inducements or services to employers by super funds or their affiliates ... read more

Geeked: Facebook will rule the world

Something to be aware of: The default setting is that you see most, but not all, updates from your friends; if you want to change that to seeing everything, you have to do that with each and every ... read more

Social experiment highlights lax attitude people have to fraud

Posing as somebody working for a marketing agency called CAMS – an anagram of scam – he handed out a questionnaire for people to fill in it in order to win a £400 television ... and our research ... read more