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Showing 1321 - 1330 of 2995 results for "Problem"

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
... activity, fraud or forgery in their advice divisions. ANZ's $30 million in compensation proves that there is a systemic problem with financial planning and that banks have obviously not been doing the right thing," he said. Greens Senator Peter Whish-Wilson ...

Risk mispricing a threat to investment: ANZ boss

DARREN SNYDER  |  FRIDAY, 17 APR 2015
... it already is [a threat]," Smith said. "I would say that's not only for credit risk, it's also for volatility risk. The problem is, have we learned our lesson from the last time this happened? I would say no. You only have to read history to realise ...

ANZ sets up $30m compensation program for advice clients

LAURA MILLAN  |  THURSDAY, 16 APR 2015
... investment service. About 8,500 Prime Access clients will be reimbursed, ANZ confirmed in a statement. The bank said that the problem was rectified in 2013 and that clients have been able to schedule annual reviews since then. ANZ said it reported the ...

Suncorp names new chief executive

ALEX BURKE  |  WEDNESDAY, 15 APR 2015
A new Suncorp group chief executive has been appointed following the announcement that incumbent Patrick Snowball will leave the company in October. Upon Snowball's departure, GPT chief executive and managing director Michael Cameron will assume his ...

FEATURE: How boutiques got their groove back

STAFF WRITER  |  WEDNESDAY, 15 APR 2015
... have got very popular very quickly," he says. "Once they are hot then the money tends to flow to them and that can be a problem. In saying that, most of the boutiques launched in the Australian equity space have been careful to avoid that in the last ...

FOS decries unpaid compensation

DARREN SNYDER  |  TUESDAY, 14 APR 2015
... of the key issues that FOS considers should be addressed is the clear gap in the consumer protection framework and the problem of unpaid compensation. While unpaid compensation was included as an issue in the Interim FSI Report, it was not addressed ...

Fintechs issued AFSL warning

MARK SMITH  |  THURSDAY, 9 APR 2015
... service. Any information that is an opinion that could influence a person's decision to purchase the product can be a problem if the business does not have its licensing in order." Wivell Plater said Fintech businesses need to understand the difference ...

Funds wrestling with liquidity problem

MARK SMITH  |  TUESDAY, 7 APR 2015
Future Fund managing director David Neal has expressed concern at the lack of safe, liquid investments available for institutional investors to deploy their vast amounts of cash. Asked at an Association of Superannuation Funds of Australia (ASFA) Investment ...

Experts urge govt to do more to boost infra investment

MARK SMITH  |  THURSDAY, 2 APR 2015
... mature assets and reinvesting the proceeds into new infrastructure) was seen as a good attempt to partially remedy the problem. The discussion raised the problem with Australia's 'mega' investment projects which are too large for all but the largest ...

HLB Mann Judd appoints director

DARREN SNYDER  |  MONDAY, 30 MAR 2015
... businesses to make them stronger and more profitable. "Kate is already highly regarded by clients and colleagues for her problem solving skills. She is technically minded and able to achieve quick results that are both practical and commercially astute," ...