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Showing 1201 - 1210 of 2862 results for "Standards"

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY | MONDAY, 10 SEP 2018

... Commission heard about instances of misconduct in the life insurance industry and where conduct fell below community standards and expectations. Opening the sixth round of Royal Commission hearings, counsel assisting Rowena Orr laid bare instances of ...

Insurance in super code weak: ASIC

KARREN VERGARA | MONDAY, 10 SEP 2018

... Peter Kell said that while some improvements have been made by trustees, there is "considerable work to do to raise standards in the areas covered by the review." "It is essential that trustees meet their obligations to deal with consumer complaints ...

Industry fund chair retires

JAMIE WILLIAMSON | MONDAY, 10 SEP 2018

... family, but in doing so I have every confidence that its future is assured, and that it is operating to the highest standards and efficiency of any Fund in the country," he said. AvSuper chair Michelle Wade said: "George has been a consistent champion ...

Australian retirement outcomes among the best

HARRISON WORLEY | FRIDAY, 7 SEP 2018

... results overall, revelations from the Royal Commission show that Australia still has further to go in terms of improving standards in our financial services sector, which is central to the quality of retirement outcomes," he said. Hambly added Australia ...

New code should apply to all: ABA

HARRISON WORLEY | FRIDAY, 7 SEP 2018

The Australian Banking Association (ABA) believes the new Banking Code of Practice standards should be adopted across the entire industry, including banks that are not ABA members. According to the association, the standards between credit unions, buildings ...

UK adviser competency to be re-evaluated

JAMIE WILLIAMSON | THURSDAY, 6 SEP 2018

... to their Australian counterparts, with the Financial Conduct Authority introducing a new assessment aimed at raising standards and competence. The FCA has partnered with the Chartered Insurance Institute to develop a 'Regulated Retail Investment Adviser ...

Trustees caught in a balancing act

KARREN VERGARA | THURSDAY, 6 SEP 2018

... substantial breaches of fiduciary duties that show superannuation trustees have to lift their game and improve governance standards, a legal expert says. Holding Redlich partner Paul Faure told the AIST Super Investment Conference? yesterday that a trustees' ...

Retail super funds reject MySuper delays

KARREN VERGARA | TUESDAY, 4 SEP 2018

Several retail superannuation funds have rejected claims they fell below community standards and contravened the Superannuation Industry (Supervision) Act by delaying the transition of members into cheaper MySuper products. In response to recommendations ...

Zervides elected president of IPA Victoria

JAMIE WILLIAMSON | MONDAY, 3 SEP 2018

... constant change whilst transforming their businesses to remain viable and profitable," Zervides said. "Keeping up with new standards, regulations and taxation changes; downward pressure on fees; technology; attracting and retaining both clients and talented ...

FSC responds to direct life insurance findings

KARREN VERGARA | FRIDAY, 31 AUG 2018

... firms, conduct had improved, and the introduction of the Code by the FSC appears to have played a role in improving sales standards, particularly where it sets clear and specific expectations." The FSC said the second iteration of the code is underway ...

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Global X awards mandate for ETF business

ELIZA BAVIN | 12:33PM

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA | 11:56AM

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI | 11:09AM

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA | 12:20PM

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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