Search ResultsShowing 1 - 10 of 100+ results for "Fairness"
Complex retirement system requires simplicity: Report
KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... could allow for consistency between high and low yielding assets, and prevent gaming the system, so contributing to fairness and efficiency, the report said. The Institute noted the lack of government coordination should be addressed as this would ...
Standard Life Assurance fined for hawking non-advised annuities
KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... of 2019. FCA executive director of enforcement and market oversight Mark Steward said SLA's controls needed to place fairness to customers at their heart. "Here, the financial incentives available to staff for selling non-advised annuities by ...
AFCA delivers $83 million win
ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... Locke said the large number of complaints highlighted the importance of AFCA. "AFCA stands firmly on the side of fairness and a key part of our role is increasing transparency in the financial sector," Locke said. "We have published this report ...
ASIC approves AFCA rules change
ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
... as part of their commitment to justly remediate the misconduct of the past and meet the community's expectations of fairness," he said. "Where firms are unable to satisfactorily resolve the complaints, AFCA will start investigating these matters ...
How key is gender in retirement outcomes?
HARRISON WORLEY  |  TUESDAY, 18 JUN 2019
... pension," she said. Knox said the points raised were good, noting that as the industry works through its various options, consideration needs to be given to how the fundamental principles of financial security, fairness and efficiency are affected.
Super gets an insider in ministry reshuffle
HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... Trustees got on the front foot early, and said it would continue to strongly advocate for policies that "improve the fairness and sustainability of superannuation for all Australians, which includes a commitment to raising the Superannuation ...
AFCA seeks to strengthen leadership
ELIZABETH MCARTHUR  |  THURSDAY, 23 MAY 2019
... culture and leadership is a key focus at AFCA, and we are always looking for bright people who are passionate about fairness and access to justice." As well as recruiting for the newly created roles, AFCA is looking for a new lead ombudsman - ...
Fairness key to meaningful change: Shipton
HARRISON WORLEY  |  MONDAY, 20 MAY 2019
For the financial system to really improve, fairness needs to be embedded into financial institutions, according to ASIC chair James Shipton. Opening ASIC's annual forum in Sydney recently, Shipton said the concept of fairness needs to be embedded ...
Investec closes robo-advice
ELIZABETH MCARTHUR  |  MONDAY, 20 MAY 2019
... from this point are to minimise disruption for clients and ensure that employees are treated with respect and fairness." Clients of Click & Invest were written to and informed their investments would have to be moved elsewhere within the ...
Labor policies boost superannuation agenda
KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... to the part Age Pension. AIST chief executive Eva Scheerlinck commented that Labor's package would improve the fairness and sustainability of the retirement income system. "Key Coalition superannuation policies were more limited and would ...
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