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Showing 10211 - 10220 of 28277 results for "NOT"

TAL slashes jobs, cuts outbound sales

JAMIE WILLIAMSON  |  FRIDAY, 19 OCT 2018
... submission to the commission to defend its behaviour, saying the use of private investigators for surveillance purposes is not a breach of the good faith duty. In its review of direct life insurance, ASIC found sales practices and products are commonly ...

Afterpay faces senate inquiry

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
... characteristics". "Our model is unique in that we provide a free service to customers if payments are made on time, we do not charge interest or monthly fees, our instalment periods are short, and if payments aren't made on time we immediately suspend ...

NAB still unclear on true impact of misconduct

KANIKA SOOD  |  FRIDAY, 19 OCT 2018
... the year, NAB had to compensate about 245,000 clients who were charged adviser services fee and plan service fees despite not providing any services. The bill was to be about $42 million. This week, it topped up its provisions by $314 million, flagging ...

ASIC moves on Dollarmites

HARRISON WORLEY  |  FRIDAY, 19 OCT 2018
ASIC is set to review banking and financial literacy programs in Australian primary schools, including Commonwealth Bank's recently criticised Dollarmites program. ASIC said school banking programs are supposed to educate young Australians about the ...

Chief economist update: Still the lucky country?

BENJAMIN ONG  |  FRIDAY, 19 OCT 2018
... budget deficit, geo-politics (Saudi Arabia), emerging market currency depreciation and so on. Needless to say, Australia is not immune to these nasty developments and would surely be dragged down should more of these wicked somethings this way comes. ...

Qualitas seizes non-bank financing opportunities

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
Amid the major banks lowering their lending participation rates, Qualitas sees a boom in the private debt real estate segment over the medium term. Speaking at a media briefing on Monday, Qualitas group managing director Andrew Schwartz said private ...

SMSFs most affordable: Research

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
... reform has been mostly discredited in a report subsequently issued by ASIC in July that acknowledged it unfairly penalised not-for-profit (NFP) funds. Still, an estimated $2.2 billion in the total fees paid increase is attributable to these changes ...

APRA readies ADIs for BEAR

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
APRA is helping authorised deposit-taking institutions brace for the Banking Executive Accountability Regime, which is set to take effect on 1 July 2019. The prudential regulator released guidance for the smaller players in the banking and finance industry ...

BTFG expands tobacco divestment

HARRISON WORLEY  |  THURSDAY, 18 OCT 2018
BT Financial Group is expanding its divestment from tobacco and controversial weapons. The firm is extending its ESG exclusion framework to investment mandates for internally managed investments, saying customers demand sustainable investing that aligns ...

Adviser-client relationships not swayed by RC

JAMIE WILLIAMSON  |  THURSDAY, 18 OCT 2018
About 56% of consumers and more than a third of SMEs feel the revelations of the Royal Commission have had no impact on the way they interact with their financial adviser. New research from MetLife shows the Royal Commission has had no impact on the ...