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Showing 121 - 130 of 252 results for %22Victims%22

Labor renews calls for banking Royal Commission

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
... issues in the banking and financial services sector." "The Prime Minister has consistently failed to stand up for the victims of financial misconduct in this country, preferring instead to protect his banking friends," Senator Ketter added. Opposition ...

Super funds support PRI statement on slavery

EMMA RAPAPORT  |  FRIDAY, 24 MAR 2017
... companies to mitigate these risks." The International Labour Organisation estimates about 21 million people globally are victims of modern slavery. In Australia migrant workers are found in forced labour across a number of sectors including agriculture ...

House passes professional standards bill

EMMA RAPAPORT  |  WEDNESDAY, 8 FEB 2017
... amendment Prior to passing the House, Shadow Assistant Treasurer Andrew Leigh called on the government to apologise to victims of bad financial practice following their vote against Labor's proposed financial advice measures. "The house calls on current ...

Banks flag adviser transparency in customer program

ALEX BURKE  |  MONDAY, 30 JAN 2017
... programs to help their customers through tough times. Banks also provide protection for customers who are the innocent victims of fraud. Many customers don't know about these products and services, and we want to change that," Mnchenberg said. "Banks ...

Banking inquiry becomes Royal Commission alternative

KERRIE SYDEE  |  WEDNESDAY, 30 NOV 2016
... particular the inquiry will examine: The impact of misconduct in the banking, insurance and financial services industry on victims and on consumers The impact on consumers of executive and non-executive remuneration and incentive based commission structure ...

Court blocks IOOF class action

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
... said. "When laws do more to protect the wrongdoer than the people trying to expose misconduct and bring justice to its victims, something is amiss and it needs to change." Since the allegations came to light, IOOF has been the subject of inquiries from ...

SuperGuard360 gives SMSF trustees greater protection

MARK SMITH  |  FRIDAY, 15 JUL 2016
... people each year are subject to identity fraud, including SMSF-related identity fraud, while more than 30,000 each year are victims of poor financial advice and investment fraud. To compound the problem, as SMSF members are also trustees of their funds ...

Cbus upgrades support for violence victims

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
... fund Cbus has updated its employee support programs with a belief that employers can and should play a role in helping victims of family violence. New employee measures at the $32 billion fund include emergency accommodation support for two weeks; furniture ...

Royal Commission won't hit banks where it hurts

ALEX BURKE  |  FRIDAY, 15 APR 2016
... COBA chief executive Mark Degotardi argued in a statement that while penalties for past misconduct may deliver justice to victims, the only way to change future behaviour at Australia's major financial institutions is to implement pro-competitive reforms ...

Regulators defended in calls for Royal Commission

DARREN SNYDER  |  MONDAY, 11 APR 2016
... owners who have lost everything. Life insurance policy holders denied justice. There are literally tens of thousands of victims, if not more. Enough is enough."