Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 171 - 180 of 408 results for %22Remediation%22

Banking sector losses continue

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... result. "The brand's revenue has been falling consistently over the past few years, and with the high costs of customer remediation following the inquiry needing to be factored in, the bank's position seems unlikely to change in the coming year," the ...

AMP remediation processes questionable

JAMIE WILLIAMSON  |  TUESDAY, 21 JAN 2020
... charged to corporate super members up until July 2014, with the services now available to members at no cost. The remediation program was finalised in 2019. As part of it, AMP contacted customers last year to notify them of the money they were owed but ...

IOOF identifies 67 high risk advisers

ELIZA BAVIN  |  FRIDAY, 10 JAN 2020
... financial services and superannuation industry. The wealth manager also admitted to lagging behind when it comes to making remediation payments, saying until it completes a full analysis of the situation it would "not be prudent" to estimate how many ...

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... more regulatory attention and heightened community expectations following the Royal Commission as well as increased remediation costs." He assured shareholders that ANZ was well placed to meet industry challenges of the future. "We have strengthened ...

AMP cuts ongoing advice agreements

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... administered on AMP's platform for advisers. AMP confirmed in late November an additional $415 million of advice remediation costs as a result of evidence produced at the Royal Commission. That takes AMP's total remediation bill for financial ...

ACSI, AFIC respond to Westpac scandal

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... investigation was not initiated earlier." She added that ACSI will be closely monitoring Westpac and its progress on remediation and improvement. "Investors want to see Westpac's culture and governance strengthened to avoid a repeat of these issues." ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... managing these complex challenges - insurers need to ensure a tactical response to regulation does not result in more remediation issues." However, Kells urged onlookers to remember the underlying premise of life insurance is "still very much alive and ...

NAB accused of greenwashing

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... environmental sustainability measures but on social and governance issues including its whistleblower policy and customer remediation program.

APRA to take transparent approach

HARRISON WORLEY  |  TUESDAY, 19 NOV 2019
... address weaknesses in these areas can cause major financial losses through reputational damage, fines and expensive remediation programs," Lonsdale said. "Remediation costs relating to issues identified in the Royal Commission have cost industry in excess ...

Total Financial Solutions to shutter next year

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... that at present TFS have no known outstanding regulatory matters, but did flag that there is currently one client remediation matter under investigation but said it is unlikely this will result in compensation being paid.

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

Videos

Brought to you by
MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.
MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.
MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.
MORE INFO

Expert Feed

Industry Events

MORE INDUSTRY EVENTS
JUL
16

Advisers Big Day Out - Cairns 

JUL
18

Advisers Big Day Out - Sunshine Coast 

JUL
19

Advisers Big Day Out - Gold Coast 

JUL
23

Advisers Big Day Out - Hobart 

JUL
25

Advisers Big Day Out - Ballarat 

Featured Profile

MORE PROFILES

Jason Huljich

JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
READ MORE
Download the app
Premium subscribers can access even more content from Financial Standard.
Download on the Apple App Store
Download on Google Play
ISS - Institutional Shareholder Services, © Copyright 2024, All Rights Reserved
MarketSage  -  MarketPulse  -  MarketPro  -  MarketReach