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Showing 231 - 240 of 241 results for "OMB"

Planners comment on EDR scheme

RUTH LIEW  |  TUESDAY, 9 SEP 2008
Financial planners will play an active stance in commenting on ASIC's newest proposal to increase the compensation cap to $280,000 in an external dispute resolution scheme. The Australian Securities and Investments Commission (ASIC) yesterday released ...

DirectPortfolio appoints board member

RUTH LIEW  |  MONDAY, 21 JUL 2008
DirectPortfolio Services (DPSL) has appointed Philippa Smith AM to the combined Pentafin and DPSL board, replacing former chair Gail Burke. Smith was chief executive of the Association of Superannuation Funds of Australia (ASFA) for nine years. She ...

New ombudsman service welcomed

MICHAEL HOBBS  |  THURSDAY, 10 JUL 2008
Consumer groups and financial service providers have backed the launch of the new Financial Ombudsman Service, which provides one point of contact for most disputes or complaints across banking, insurance and investments. The service is the result of ...

Financial Ombudsman Service launched

RUTH LIEW  |  WEDNESDAY, 21 MAY 2008
The Australian Securities and Investments Commission (ASIC) has given the thumbs up to the establishment of a new Financial Ombudsman Service (FOS). The FOS will represent the merger of the three biggest complaints schemes operating in the financial ...

Chairperson of Super Complaints Tribunal reappointed

HAMISH MADDEN  |  FRIDAY, 15 DEC 2006
Parliamentary Secretary to the Treasurer Chris Pearce announced that Graham McDonald has been reappointed as Chairperson of the Superannuation Complaints Tribunal. McDonald has been reappointed for two more years, beginning 15 December 2006. Pearce ...

Product complexity blamed for systemic errors

WWW.THESHEET.COM  |  TUESDAY, 10 OCT 2006
Complex product packages of the kind that have become increasingly common in retail banking are a major cause of systemic problems in the banking system, according to the Banking and Financial Services Ombudsman (BFSO). The BFSO issued a report last ...

Mortgage Industry Association of Australia issues 'soft dollar' disclosure code

The Mortgage Industry Association of Australia (MIAA) will require its mortgage broker members to disclose the receipt of non monetary benefits. Under the alternative remuneration code any benefits such as gifts, tickets to sporting events and holiday ...

Treasurer announces two appointments to Productivity Commission

The Treasurer, the Hon. Peter Costello, has announced that Robert Fitzgerald AM and Philip Weickhardt have been appointed to the Productivity Commission. Robert Fitzgerald has been appointed for a five-year term, beginning 27 January 2004. He brings ...

ABA reports "pleasing" fall in banking ombudsman cases

The Australian Bankers' Association (ABA) has said it is pleased with the 13.3 per cent fall in the number of cases dealt with by the Banking Ombudsman, compared to last year. The fall was reported in the Banking and Financial Services Ombudsman (BFSO) ...

Inaugural Inspector General of Taxation appointed for five-year term

Sydney tax consultant, David Vos AM, was today appointed the inaugural Inspector-General of Taxation. The primary role Mr Vos - appointed for a five-year term - will be to provide a new source of independent advice to Government on problems in the administration ...