Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1171 - 1180 of 2080 results for "Apply"

ASIC bans Deutsche Bank trader

KERRIE SYDEE  |  THURSDAY, 29 SEP 2016
... monitor trading conduct and detect and address trading discrepancies in a timely manner," she said. Donaldson has the right to apply to the Administrative Appeals Tribunal for a review of ASIC's decision.

Budgets with more super tinkering are possible

DARREN SNYDER  |  MONDAY, 26 SEP 2016
Westpac chief economist Bill Evans warns superannuation funds that further tinkering of the system at Budget time is not beyond the realms of possibilities. As federal politicians become further engrossed in "fixing the Budget" the chief economist reckons ...

Life insurance reforms to be re-introduced

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
... outlined the phasing down of commissions and highlighted circumstances under which proposed clawback arrangements would not apply. The regulation also highlighted that grandfathering would apply to existing arrangements "in a manner broadly consistent ...

Another former AMP planner cops ban

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2016
... employed by AMP from 1983 until 10 April 2014. ASIC found O'Rourke failed to provide a SoA to 31 clients when advising them to apply for a range of new insurance products or replacing an existing product; failed to make reasonable inquiries in relation ...

Adviser feedback drives Elevate Online refresh

KERRIE SYDEE  |  MONDAY, 19 SEP 2016
... educate and support clients in making informed decisions on life insurance cover. The updates allow advisers to quote and apply for insurance using iPad or android tablets and compare a number of insurance scenarios and plans through a new interface. ...

Westpac refunds $9.2 million in unfair fees

JAMIE WILLIAMSON  |  TUESDAY, 13 SEP 2016
... applied for those that were eligible. For customers under 21 years of age, Westpac previously relied on staff to manually apply fee waiver benefits including a monthly service fee waiver for customers with a Westpac Choice transaction account; and a ...

ClearView updates LifeSolutions suite, increases premiums

KERRIE SYDEE  |  MONDAY, 12 SEP 2016
... outside super. The change will allow customers to fund the majority of the premium via super without the limitations that can apply if they hold cover inside super. Waiver of premium while involuntarily unemployed benefit is a new benefit introduced ...

Unclear disclosure leads to $20 million in refunds

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2016
... refunds with interest. The bank has also updated its terms and conditions to clarify that a foreign transaction fee does apply to Australian dollar payments processed by overseas merchants. "It is essential for consumers to know when fees will be charged ...

Disclosure deadlines present super challenge

DARREN SNYDER  |  WEDNESDAY, 7 SEP 2016
... "where they do not know or ought to know a cost," as well as provide further information on buy/sell spreads that often apply in addition to other fees and costs. Actuaries Institute superannuation practice committee convenor, Andrew Boal, says from ...

ANZ to refund millions in unlawfully charged fees

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2016
... ANZ must refund $28.8 million to customers after failing to clearly disclose when certain periodical payment fees would apply. The bank discovered it had been charging fees on transactions carried out between accounts held in customers' own names, contrary ...