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Showing 101 - 110 of 199 results for "Fairness"

Profit-to-member super funds must restore trust: AIST

EMMA RAPAPORT  |  WEDNESDAY, 22 MAR 2017
... corporate parent providing profits to shareholders," Scheerlinck said. "As we face a new onslaught of attacks on the fairness and purpose of superannuation this year we must all continue to build trust in our sector, ensure consumers have confidence ...

We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
... reform initiatives, Elliott said ANZ has cut card rates by up to 200 basis points and appointed Colin Neave as a customer fairness adviser to strengthen the remediation process. It also changed remuneration incentives for frontline staff to be based ...

FPA expels and fines dishonest member

EMMA RAPAPORT  |  WEDNESDAY, 15 FEB 2017
... exploring the issue. In a statement, AFA chief executive Brad Fox said the association's disciplinary procedures are built on fairness and will be used to assess the issues related to Tindall, with its key concern being the collection of facts. Tindall ...

Adviser appeals ASIC ban

EMMA RAPAPORT, JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
... exploring the issue. In a statement, AFA chief executive Brad Fox said the association's disciplinary procedures are built on fairness and will be used to assess the issues related to Tindall, with its key concern being the collection of facts. "What ...

Two of the big four in ASIC spotlight

ALEX BURKE  |  THURSDAY, 22 DEC 2016
... $2.5 million each. "A well-functioning foreign exchange market depends on all participants acting with integrity and fairness," ASIC commissioner Cathie Armour said. "ASIC is committed to ensuring that major financial institutions have in place effective ...

Whistleblower protections under microscope

DARREN SNYDER  |  TUESDAY, 20 DEC 2016
... settings in place to achieve this, while at the same time ensuring disclosures can be fully investigated and that procedural fairness is provided to those who may be the subject of a disclosure." This morning Treasury released its public consultation ...

Ombudsman takes on ANZ fairness role

JAMIE WILLIAMSON  |  THURSDAY, 15 DEC 2016
A Commonwealth Ombudsman is entering a newly created role at ANZ in the New Year. Joining as customer fairness advisor, Colin Neave will be charged with improving fairness of the bank's products and services for retail, small business and wealth customers ...

Labor blindsides super legislation

DARREN SNYDER  |  WEDNESDAY, 9 NOV 2016
... the Government has scrapped its flawed and retrospective changes, the current proposals do not go far enough to return fairness to the system, or to deliver substantial budget repair." O'Dwyer has slammed Labor's superannuation "tax grab," saying it ...

ASIC finds life claim rates wildly inconsistent

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
... expectation because doing otherwise would be devastating for the consumer." While he did not advocate "legislating for 'fairness'," he did say this idea should be "factored into the ombudsman scheme so they can take these issues into account."

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
... trust," FSC chief executive Sally Loane said. "The code is built on some fundamental principles - honesty, transparency, fairness and timeliness. It is a landmark piece of self-regulation which should give consumers confidence that our industry is leading ...

Editor's Choice

Scarcity Partners enlists former Ophir Asset Management chief

ANDREW MCKEAN  |   12:35PM
GP staking specialist Scarcity Partners has appointed former Ophir Asset Management chief executive George Chirakis as a partner.

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |   12:34PM
Reforms in funds management, financial advice, and superannuation will usher in an extra $1.7 billion per year to the economy and can make Australia a serious financial services hub, the Financial Services Council (FSC) says.

Natixis, Generali merger creates $3.2tn fund manager

KARREN VERGARA  |   12:31PM
Natixis Investment Managers will combine with Generali Investments Holdings (GIH) to create a behemoth with €1.9 trillion ($3.2tn) in assets under management (AUM).

RBA is 'overachieving' on inflation target: GSFM

MATTHEW WAI  |   12:32PM
GSFM investment specialist Stephen Miller is predicting the RBA will deliver an interest rate cut in February.

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