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Showing 11 - 20 of 29 results for "COBA"

Industry body rejects ABA banking code

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... Association said the consumers that the ABA wants to bring into the fold with its new code are already protected strongly under COBA's code of practice. "This call by the ABA is somewhat gratuitous given that the COBCOP was always scheduled for review ...

New code should apply to all: ABA

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... all lenders should have to adopt the same standards to ensure industry consistency. The Customer Owned Banking Association (COBA) fired back, saying consumers already had strong protection under the Customer Owned Banking Code of Practice (COBCOP). "We ...

Managed accounts forum to address vertical integration, best practice

STAFF WRITER  |  FRIDAY, 24 AUG 2018
Leading managed account providers and financial planning groups will take centre stage at the annual Financial Standard Managed Accounts Forum to be held in Melbourne next month. More than 160 financial advisers and managed account specialists have ...

Bank customer trust plummets: Research

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
... security and product offering have also impacted satisfaction levels. In another survey, the Customer Owned Banking Association (COBA) found less than half (47%) of the 1000 participants it canvassed trust the big four banks. Australians are more likely ...

Royal Commission backlash continues for banks: Research

JAMIE WILLIAMSON  |  TUESDAY, 29 MAY 2018
... While the research shows Australians are considering switching providers - not moving away from the big four institutions - COBA chief executive Michael Lawrence believes the data is supportive of increased interest in the customer owned banking sector. ...

Government passes BEAR reform

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... importance of customer owned banking and the vital role it plays in delivering diversity and competition in retail banking," COBA chief executive Michael Lawrence said. He added that it is critical to minimise regulatory expenditure on smaller banking ...

International automotive alliance launches new VC fund

ALEX BURKE  |  THURSDAY, 11 JAN 2018
The Renault-Nissan-Mitsubishi Alliance is launching a new corporate venture capital fund. Alliance Ventures, in which the alliance plans to invest up to US$1 billion - starting with $200 million in year one - is targeted at fostering development in ...

Morrison backs customer-owned banking reforms

KARREN VERGARA  |  FRIDAY, 10 NOV 2017
... Turnbull Government's recognition of the customer-owned model as a real alternative and an important part of the economy. COBA acting chief executive Dominic Dunn said: "We have four million customers and $108 billion in total assets and we bring an ...

Banking body appoints chief executive

JAMIE WILLIAMSON  |  TUESDAY, 7 NOV 2017
... director as its new chief executive. Bringing more than 30 years' experience in financial services, Michael Lawrence will lead COBA from December 4, 2017. Lawrence led AMP Bank from 2007 to 2015, prior to which he held a range of roles in Australia and ...

Managed Accounts Forum survey open

DARREN SNYDER  |  FRIDAY, 18 AUG 2017
In the lead up to the Best Practice Forum on Managed Accounts, Financial Standard is running a survey to help provide industry insight. The survey asks about leading brands in managed accounts as well as your role in the financial services industry. ...