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Showing 111 - 120 of 356 results for "Credit card"

Robo-advice raises alarm: ARRIA

KARREN VERGARA  |  MONDAY, 30 OCT 2017
... guided decisions if it makes sense to buy an investment portfolio or if the money could be used elsewhere to pay off a credit card or mortgage or kept in savings. He agrees the "advice" element of robo-advice is a misnomer; a lot of robo-advisers are ...

AFA keeps financial literacy front of mind

DARREN SNYDER  |  MONDAY, 16 OCT 2017
... about 3.2 million Australian households have a mortgage over the family home; more than 7.5 million Australians have a credit card; and 13.9 million working age Australians have life insurance, meaning the opportunities, both technology and adviser driven ...

Advice improves lifestyle outcomes: Research

DARREN SNYDER  |  WEDNESDAY, 11 OCT 2017
... found: 93% are sure they could fund three months out-of-work (compared to 77% never advised) 84% always pay off their credit card each month (compared to 60% never advised) 75% of Australians believe financial advice is worth more than it costs 7% of ...

ASIC adds life insurance to school curriculums

KARREN VERGARA AND JAMIE WILLIAMSON  |  THURSDAY, 28 SEP 2017
... concert, multimedia presentation and talkback, the band discusses topics such as predatory lending, the danger of credit card debt, saving early and investing, while also exposing the myth of overnight success as perpetuated by athletes, actors and musicians. ...

Hollywood star supports FCA complaints campaign

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
... to a decade of complaints. The campaign is being paid for by the 18 firms including banks, building societies and credit card providers that received the most PPI complaints. Firms have also agreed to a number of steps to ensure the complaints process ...

ASIC and CBA discussing potential advice problem

EMMA RAPAPORT  |  TUESDAY, 15 AUG 2017
... million plus interest, equating to an average amount per employee of approximately $463 plus interest. - Refund for some Credit Card Plus insurance customers - a 2015 review uncovered that some customers who purchased Credit Card Plus insurance (providing ...

CBA chief executive will stand down

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
... consumer credit insurance to more than 65,000 customers. According to ASIC, CBA sold 'CreditCard Plus' insurance for credit card repayments to customers who were unlikely to meet the employment criteria and would be unable to claim the insurance. CBA ...

Aussie banks cleared of Wells Fargo-type conduct

EMMA RAPAPORT  |  WEDNESDAY, 2 AUG 2017
The corporate regulator has cleared eight Australian banks of any systemic misconduct involving illegal opening of accounts as seen at international firm Wells Fargo. The audits, undertaken by ASIC in December 2016 of the big four plus BOQ, Citibank ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... costs" across the wider industry. "Why should a customer seeking advice from their bank or insurer about a home loan, credit card, personal loan or general insurance product not have the same ethical underpinning?" she said. Angrisano gave the example ...

Wealth management platform adds executive

KARREN VERGARA  |  MONDAY, 5 JUN 2017
Financial data provider InvestmentLink appointed a chief commercial officer to help grow its wealth management platform. Owen Joyce is the new chief commercial officer of CashDeck and is responsible for developing solutions that will assist financial ...