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Showing 1551 - 1560 of 6588 results for "Review"

Westpac tops fee-for-no-service misconduct

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
... (ADGs) comprising Millennium3 Financial Services, RI Advice and Financial Services Partners. IOOF will continue customer review and remediation for non-compliant advice in relation to the ADGs using the same independently assured framework implemented ...

Former Millennium3 representatives cop ban

KARREN VERGARA  |  TUESDAY, 3 AUG 2021
... Millennium3 reported the fee-for-no-service breach to ASIC. The directors can apply to the Administrative Appeals Tribunal for a review of ASIC's decisions.

Data to improve TPD outcomes: ASIC

ANNABELLE DICKSON  |  MONDAY, 2 AUG 2021
The corporate regulator is urging TPDinsurance providers to act on gaps in their processes by improving data capabilities after previously flagging concerns including declining claim rates, withdrawn claims and poor claims-processing times. ASIC's Report ...

Fairfax family office awards mandate

ELIZABETH MCARTHUR  |  MONDAY, 2 AUG 2021
... provider. Investment Control Systems (ICS) will implement ICS ATHENA for Marinya Capital. "As part of an operating model review, this was a great time to enhance our capabilities and implement a modern data platform within the business. The local team ...

IFM blames "unfounded" class action for Tandem worries

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
... Ironbridge. At the time, the company claimed $500 million in annual turnover. Earlier this month, the Australian Financial Review reported Tandem was placed into administration over $400 million in sham contracting claims, as one of its subsidiaries ...

New AIA advice unit names chief executive

KARREN VERGARA  |  FRIDAY, 30 JUL 2021
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold. The life insurer has set up AIA Financial Wellbeing, led by Pina ...

AFCA weeds out phony complaints

ELIZABETH MCARTHUR  |  FRIDAY, 30 JUL 2021
... complainant had actually incurred financial loss due to the issue they were complaining about. "Under the pilot, where on review of all the available information we assessed the complainant had not appeared to have suffered a loss or the financial firm ...

Tidswell agrees it contravened Corps Act

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... MobiSuper Fund insurance. The court said -- and ASIC and Tidswell agreed -- that Tidswell did not take adequate steps to review MobiSuper's reporting under the promoter agreement. In relation to MobiSuper's online marketing activities, Tidswell ...

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning. The Association of Financial Advisers president Michael Nowak ...

Commonwealth FP under review, partially offloaded

ANNABELLE DICKSON  |  WEDNESDAY, 28 JUL 2021
... transferred part of Commonwealth Financial Planning to AIA, with the remainder of the business now subject to a strategic review. The big bank has offloaded part of Commonwealth FP to AIA Financial Services, a wholly owned subsidiary of the insurer. ...