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Showing 1201 - 1210 of 4167 results for "Action"

Commonwealth seeks to stop bond class action

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
... 23-year-old student over climate change risk as it relates to government bonds, as the government attempts to stop the class action. Katta O'Donnell is seeking to hold the Australian government to account over climate change risks, through a class action ...

Climate change worse than pandemic: UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
... Regulator believes climate change will be more catastrophic to populations' way of life than the COVID-19 pandemic if no action is taken. The comments came as The Pensions Regulator chief executive Charles Counsell introduced the regulator's ...

Mercer calls for delay to super reforms

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
... hurting the actual members - we think it's the wrong way around," he said. Those suggestions include implementing an action plan, including the appointment of an independent chair of the trustees and tendering outsourced services causing underperformance. ...

Junk insurance lands Westpac in court

KARREN VERGARA  |  THURSDAY, 8 APR 2021
... that the financial services covered by its AFSL were provided efficiently, honestly and fairly," court documents read. The action follows ASIC's investigation of 11 major banks and other lenders selling junk insurance. ASIC deputy chair Karen Chester ...

CBA to pay $7m for overcharged interest

ANNABELLE DICKSON  |  THURSDAY, 8 APR 2021
... As such, ASIC commissioner Sean Hughes said when financial institutions discover overcharging, they must take immediate action to remediate impacted consumers. "Financial services institutions need to have appropriate systems, governance and controls ...

Sunsuper, QSuper members ask for better climate disclosures

KANIKA SOOD  |  TUESDAY, 6 APR 2021
... zero" emissions by 2050. Sunsuper has conducted climate scenario analysis since 2015, and last year approved a Climate Action Plan for its investment portfolio. One hundred and forty-one QSuper members, who also support the Australian Conservation Foundation ...

APRA takes action against Macquarie

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... to address the bank's persistent difficulties in complying with its prudential obligations. We cannot rule out further action as more information comes to light about the root causes of these breaches," APRA deputy chair John Lonsdale said. Macquarie ...

Clime revamps strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... Madison practices. Clime also completed work to return funds to investors after its successful participation in a class action against UGL. Clime won an $18 million settlement in the proceedings against UGL, which claimed that it breached its continuous ...

AMP sees 245% jump in consumer interest

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 MAR 2021
... decisions, particularly in difficult climates - like what we're facing at the moment with COVID-19 being a catalyst for positive action," Owen said. "With half of all Aussie workers reporting some level of stress about their finances, improving financial ...

MetLife announces suite of product changes

ELIZABETH MCARTHUR  |  MONDAY, 29 MAR 2021
... for clients. MetLife will also implement automatic buy back options so that clients remain continuously covered with no action required from the adviser or client, and a life events increase feature for business clients that will allow sum insured increases ...