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Showing 91 - 100 of 181 results for "Karen"

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
... million has been returned to 1.2 million consumers. Speaking at the FINSIA: The Regulators 2019 conference, ASIC deputy chair Karen Chester said "doing the right thing", particularly when dealing with non-financial risks, is a commercial "must have". ...

Pension fund joins action against Facebook

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
... Commission." The suit originally was brought by the $478 million Fireman's Retirement System of St. Louis and retail investor Karen Sbriglio. On 24 July 2019, the FTC announced that Facebook agreed to pay a $5 billion penalty and establish a board-level ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... those are probably the main ones." These were the words St. Louis Fed president James Bullard podcast in his interview with Karen Mracek - media relations coordinator at Federal Reserve Bank of St. Louis - overnight (on August 14). Perhaps I'm turning ...

Chief economist update: The turn in Australia's cycle from vicious to virtuous

BENJAMIN ONG  |  FRIDAY, 5 JUL 2019
"Such a feelin's comin' over me There is wonder in most everything I see..." - Karen Carpenter Not long now - just less than a percentage away (0.8% to be exact) - and the All Ordinaries index would top the all-time high of 6,853.57 points it ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... prospective. The product intervention power is an incredibly important addition to ASIC's regulatory toolkit, ASIC deputy chair Karen Chester said. "ASIC can now step in and respond to significant consumer detriment in a targeted and timely way. But ...

ASIC to strengthen complaints handling

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
... required under legislation to have an internal dispute resolution system that meets strict ASIC standards. ASIC deputy chair Karen Chester said: "It is widely acknowledged there is room for much improvement when it comes to handling consumer complaints ...

Chief economist update: China is back on track

BENJAMIN ONG  |  TUESDAY, 23 APR 2019
"Spring is the time of plans and projects." - Leo Tolstoy, Anna Karenina. So it is with China. Recent economic indicators have turned up in time for spring. China deserves to be congratulated. It's watered and fertilised the economy with enough ...

Citi to pay $3m in advice remediation

HARRISON WORLEY  |  TUESDAY, 16 APR 2019
... after ASIC released a report saying consumers are confused by the different types of financial advice. ASIC deputy chair Karen Chester said the gap in understanding meant many consumers were under the false premise their interests were being prioritised ...

Christian Super launches reconciliation action plan

ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
... the fund can actively be engaged in supporting reconciliation in Australia. Chief executive of Reconciliation Australia, Karen Mundine, said: "Christian Super joins over 1,000 dedicated corporate, government, and not-for-profit organisations that have ...

Consumers confused by general, personal advice

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... difference between 'general' and 'personal' advice, putting them at risk of making poor financial decisions. ASIC deputy chair Karen Chester said: "This disturbing gap in understanding whether the advice they are getting is personal or not means many ...