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Showing 91 - 100 of 904 results for "Deputy Chair"

Cbus stalwarts retire, union leader returns

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... O'Grady. Noonan has been secretary of the CFMEU's construction division for over 15 years and was previously deputy chair of Cbus. Cbus chair Wayne Swan said he is pleased to welcome back Dave Noonan to the Cbus board. "Dave is one of the nation's ...

ASIC takes civil action against Firstmac

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... indicated that customers seeking an investment timeframe of two years or less were not in the target market. ASIC Deputy chair Sarah Court said the regulator is concerned that Firstmac's term deposit customers were exposed to the risk that they might ...

MySuper heatmap reveals sub-par products

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... smartMoney Lifecyle, Suncorp Lifestage Funds and OneSuper MySuper Passive Balanced. Commenting on the findings, APRA deputy chair Margaret Cole said: "Since 2019, APRA's MySuper heatmap has been an important tool for eradicating unacceptable product ...

Adviser imprisoned for super fraud

CHLOE WALKER  |  THURSDAY, 15 DEC 2022
... Pty Ltd. Goel has repaid several consumers from funds held in accounts previously frozen by the Federal Court. ASIC deputy chair Sarah Court said that ASIC was particularly concerned by Goel's conduct, which had many characteristics of a scam and a direct ...

ASIC proceedings name Pendal board member

ANDREW MCKEAN  |  TUESDAY, 13 DEC 2022
... current and former directors and executives of Star Entertainment Group, including a Pendal Group director. ASIC deputy chair Sarah Court argued that the Star's board and executives failed to give sufficient focus to the risk of money laundering ...

Life insurer claims under regulator watch

CHLOE WALKER  |  MONDAY, 12 DEC 2022
... last few years. "They have each commenced, and six have completed, customer remediation programs," ASIC said. ASIC deputy chair Karen Chester explained consumers need to have the confidence that their insurers will calculate and pay their claims accurately. ...

OnePath Life sued over utmost good faith duties breach

JAMIE WILLIAMSON  |  THURSDAY, 8 DEC 2022
... occurred. The insurer's duty is not just owed to whoever the insurer considers to be a perfect policyholder," ASIC deputy chair Sarah Court said. "Insurers deal with their consumers at their most vulnerable. This makes it crucially important that they ...

ASIC launches civil action against American Express

CASSANDRA BALDINI  |  TUESDAY, 6 DEC 2022
... issuing the credit cards. ASIC claims that despite this, Amex continued to issue the credit cards until July. ASIC deputy chair Sarah Court said the DDO embeds a consumer-centric approach for the issuers and distributors of financial products. "Product ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
... sales." "Greenwashing is not limited to environmental claims but extends to misleading ethical propositions," ASIC deputy chair Sarah Court said. "Entities which seek to promote ethical investing must ensure their statements are accurate and able to ...

ASIC case against Commonwealth Bank dismissed

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... to ensure that the financial services covered by its licence were provided efficiently, honestly and fairly. ASIC deputy chair Sarah Court said: "ASIC pursued this case because we believed CBA did not have robust compliance systems to ensure customers ...