Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 4621 results for "Information"

Life insurance complaints drop 24%

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2023
... financial year, but policyholders continue to complain about claims-handling delays and insurers peddling misleading information. According to the Australian Financial Complaints Authority (AFCA), the total number of complaints has fallen 24% year on ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... to ensure compliance with notice period requirements," AFCA said. Another insurer continues to provide misleading information to non-English speaking customers. The life insurer has failed to take steps to resolve the issues dating as far back as 2009. ...

ASIC bans former PwC partner over tax scandal

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
... largest tax scandal continues to publicly unfold. The regulator said it found that Collins disclosed confidential information he obtained in his roles as a tax advisor to the Commonwealth Treasury and the Australian Board of Taxation. Accordingly, ASIC ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... involves no actual or expected financial loss to the client. In other words, it's not an error that, if the correct information was provided, could have influenced the client's decision. Another example is if an approval letter issued to a superannuation ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... unrelated AFSL holder cannot be what she was referring to in her promotional videos," he said. Additionally, Grubisa had information on her website claiming that she was an "ASIC licensed debt specialist" and held an "ASIC financial services licence". ...

Cbus appoints new head of infrastructure

ANDREW MCKEAN  |  THURSDAY, 19 OCT 2023
... continued long term investment performance, and have a strategic focus on the way we work." According to Rainmaker Information, Cbus' MySuper default investment option delivered an annualised return of 7.8% over a 10-year period ending August 31 ...

New advice firm hits Melbourne

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... Endorphin Wealth and Verse Wealth. Sauer said in a world of "get rich quick" schemes and limitless, often contradicting information online, the name Source Wealth and its motto, "your trusted source" was conceived as an antithesis to unreliable financial ...

ANZ breached disclosure laws in 2015 raise: Court

CHLOE WALKER  |  MONDAY, 16 OCT 2023
... Commission's criminal case against ANZ and its underwriters last year. Federal Court Justice Moshinsky said that if the information had been disclosed by ANZ, persons who commonly invest in securities would have held an expectation that the underwriters ...

Perpetual hires new distribution lead

ELIZABETH FRY  |  FRIDAY, 13 OCT 2023
... them advice - through social media. The industry has since been changed by innovation and by a surge of investment in information technology. He also bagged seed round funding for APRIL (formerly Limepay) - a new payments technology. Further, in 2020 ...

Holistic remuneration tool launched to super funds

JAMIE WILLIAMSON  |  THURSDAY, 12 OCT 2023
... holistic, and inclusive remuneration touchstone service. SHIRTS is a remuneration governance tool providing the data, information, and knowledge "to gain a best practice understanding of the profit-to-member leadership resourcing and remuneration through ...