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Showing 131 - 140 of 190 results for "Fairness"

CBA whistleblower casts doubts over compensation scheme

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
... regulator. The final report said: "As the committee gathered more and more evidence, lingering doubts about the robustness and fairness of the compensation process began to grow (...) recent developments have only deepened the committee's misgivings ...

Sustaining confidence in the Australian financial system: Murray

DAVID MURRAY  |  TUESDAY, 15 JUL 2014
... safeguard consumer interests while imposing significant costs on industry. The interim report notes some concerns with the fairness of some non-monetary covenants in SME loan contracts. It also raises concerns with the quality of financial advice. Our ...

FPA calls for industry summit to restore trust in advice

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
... planning businesses. "We need a system where when things go wrong, members of the profession act with speed and complete fairness." Rantall said that the association's primary focus is "the impacted clients of CBA and ensuring we never see something ...

Fostering ethical standards crucial to industry reputation: CFA

MARK SMITH  |  FRIDAY, 16 MAY 2014
... better serves society. The initiative aims to provide the tools to motivate and empower the world of finance to commit to fairness, improved understanding and personal integrity. "The bottom line is that if the end consumers are not winning then the ...

Budget reply speech 2014 -15: Bill Shorten

David Murray gives first insight into FSI

LAURA MILLAN  |  FRIDAY, 2 MAY 2014
... will require us to balance objectives of the system, and find trade-offs between efficiency, stability, reliability, fairness and accessibility," he said. The FSI will be looking at concentration in the industry following the global financial crisis ...

FEATURE: Re-imagining Australia's financial future

STAFF WRITERS  |  THURSDAY, 24 APR 2014
... an efficient, competitive and flexible financial system, consistent with financial stability, prudence, integrity and fairness. This should result in less costs, lower fees and greater efficiency in the allocation of capital," the release said. "As part ...

Flash Boys is 'complete nonsense': CMCRC

MARK SMITH  |  WEDNESDAY, 16 APR 2014
... Aitken explained. The CMCRC published a study in December 2013 which found that high frequency traders improve market fairness by reducing end-of-day price dislocation.

Incoming NAB CEO to look at "legacy issues"

ALICE URIBE  |  THURSDAY, 3 APR 2014
... leadership position here, and it fits with the view that we had as a company of building relationships with customers on fairness," he said. "With FoFA, I need to reacquaint myself with the Australian market. But our core strategy for retail and wealth ...

FoFA amendments will reduce quality of advice: lawyer

JAMES FERNYHOUGH  |  TUESDAY, 11 MAR 2014
... provision could have dire consequences (the adviser could lose their livelihood and potentially whole business) simple fairness demands that there be some certainty to the law," he said. Despite Halsey's claim that 961B(1) enshrines client best interest ...