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Showing 231 - 240 of 842 results for "Resolution"

IOOF moves forward with rebrand

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... the coming weeks. IOOF chair Allan Griffiths, who also addressed the AGM, urged shareholders to vote in favour of the resolution. The results of the AGM also show Griffith retaining his current role, as will Andrew Bloore, who has been re-elected as ...

AFCA must improve transparency: Hume

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... for the authority to provide clearer guidance when an issue should revert to financial firms via an internal dispute resolution. Hume suggested AFCA should continue to publish data on its timeliness and start publishing data on the full range of complaints ...

Risk inflows marginally recover

ANNABELLE DICKSON  |  FRIDAY, 19 NOV 2021
... followed by AIA (18.9%), ClearView (7%), Zurich (5.6%) and TAL (5.1%). Meanwhile, BT/Westpac recorded a 20.2% decline and Resolution also experienced a slight decrease in growth (2.8%). Annual risk sales declined 6% however both individual risk lump ...

AFCA launches new platform to improve dispute resolution

CHLOE WALKER  |  FRIDAY, 19 NOV 2021
... complaints that are escalated to the ombudsman service, but also in improving industry practice. "As an external dispute resolution provider, AFCA's primary role is to resolve complaints, however, we also have a responsibility to encourage best practice ...

ASIC launches remediation review

KARREN VERGARA  |  WEDNESDAY, 17 NOV 2021
A new ASIC review will force licensees to improve identifying remediation issues and rectify and compensate consumers sooner. The corporate watchdog launched a new consultation with the advice industry to ensure that AFS licensees act efficiently, honestly ...

AMP officially exits life market

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
With the complete divestment of its equity interest in Resolution Life, AMP has officially exited the life insurance business. AMP today divested its 19.13% holding in Resolution Life for $524 million. The sale of this holding completes AMP's exit ...

Taxpayer Bill of Rights recommended

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
... that taxpayers not have to pay tax debts until a final determination is made by a court or another agreed on dispute resolution body. And, it has suggested that ATO workers should be more educated on taxpayer rights and the management of disputes and ...

AFCA appoints senior ombudsmen

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... senior ombudsmen. The Australian Financial Complaints Authority has created the new role to strengthen its dispute resolution efforts, with senior ombudsmen to work closely with the lead ombudsmen across banking and finance, insurance, investments and ...

BlackRock votes against CBA resolution

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
... Despite its vocal stance on sustainability and net zero ambition, BlackRock voted against a Commonwealth Bank shareholder resolution to stop the bank financing fossil fuels. The largest asset manager in the world, with US$9.5 trillion in assets under ...

Mainstream shareholders vote in favour of Apex

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
... shareholders attended the scheme meeting in person or by proxy and 99.98% of the total votes were in favour of the scheme resolution. The acquisition remains subject to court approval on October 15. If approved, Mainstream will lodge the court orders ...