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Showing 101 - 110 of 311 results for "Urging"

Data to improve TPD outcomes: ASIC

ANNABELLE DICKSON  |  MONDAY, 2 AUG 2021
The corporate regulator is urging TPDinsurance providers to act on gaps in their processes by improving data capabilities after previously flagging concerns including declining claim rates, withdrawn claims and poor claims-processing times. ASIC's Report ...

ASIC spells out IDR reporting

ANNABELLE DICKSON  |  TUESDAY, 20 JUL 2021
... benchmark themselves against their peers. It is also intended to assist ASIC in identifying emerging issues. ASIC is now urging financial firms to map their own complaints systems to the data dictionary. In March 2019, ASIC released CP 311, which set ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... entitled to unpaid wages. It has been putting the pressure on NAB to remediate affected workers as quickly as possible, urging union members audit their pay to make sure they are being paid correctly. NAB calculates the remediation bill to be $108 million ...

Keep COVID-19 in perspective: Panel

ELIZABETH MCARTHUR  |  TUESDAY, 18 MAY 2021
Geopolitical tensions took centre stage at the Conference of Major Superannuation Funds, with experts urging the audience to look at COVID-19 in greater context. Founder and owner of IBISWorld and the Ruthven Institute, Phil Ruthven showed the audience ...

Disability income faces reckoning

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... framework, but we caused it. We couldn't act. Here we are again with disability income. Can [the industry] act?" Minto is urging insurers to come up with a solution by the end of 2021, or else face another "higher, capital charge imposed on all participants". ...

MIRA to acquire waste management firm

KARREN VERGARA  |  TUESDAY, 27 APR 2021
... BINGO said it was considering the cash proposal of $3.50 per share. BINGO managing director Daniel Tartak and the board are urging shareholders to unanimously approve the scheme announced today in the absence of a superior offer. Shareholders will be ...

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... Rainmaker analysis of the ASIC Financial Adviser Register, 5142 advisers ceased in the 12 months to April 14. Anderson is urging the government to include clients in the review - who are often the "missing voice" in regulatory reforms. "Ask them, when ...

Vanguard targeted in bond fund scam

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... warning: if it feels too good to be true, it probably is," said Vanguard head of corporate affairs Robin Bowerman. "We are urging anyone considering investing in a new investment to conduct proper due diligence prior to transferring funds, including ...

Synchron demands clarity from insurers

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
Financial advice dealer group Synchron is urging life insurers to clarify their responses to the new unfair contract terms regime. The new regime will come into effect from 5 April 2021, requiring many policies to be corrected. "Our understanding is ...

Buffett doesn't want to report on diversity, climate

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
Berkshire Hathaway is urging shareholders to vote against two separate proposals urging the firm to disclose its climate-related risks and diversity metrics. Berkshire Hathaway Inc's annual meeting is scheduled for May 1. Proxy voting directions filed ...