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Showing 241 - 250 of 471 results for "Discover"

Westpac refunds $9.2 million in unfair fees

JAMIE WILLIAMSON  |  TUESDAY, 13 SEP 2016
About $9.2 million has been refunded by Westpac after more than 160,000 customers were wrongfully charged inapplicable account fees. The refunds are a result of the bank failing to waive fees on Westpac and St. George branded savings and transaction ...

ANZ to refund millions in unlawfully charged fees

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2016
ANZ must refund $28.8 million to customers after failing to clearly disclose when certain periodical payment fees would apply. The bank discovered it had been charging fees on transactions carried out between accounts held in customers' own names, contrary ...

First clean energy seed fund launched

KERRIE SYDEE  |  MONDAY, 5 SEP 2016
Specialist investment manager, Artesian Venture Partners, has launched Australia's first Clean Energy Seed Fund, which includes a $10 million commitment from the new $1 billion Clean Energy Innovation Fund. The $20 million seed fund will focus on discovering ...

Digital advice an economic problem

DARREN SNYDER  |  TUESDAY, 30 AUG 2016
... Network chief executive Duncan McPherson said super funds finding it difficult to implement a digital advice solution may discover it's more of an economic problem where the number of member accounts versus member benefits present a disproportionate ...

Investors must be ready for grey swans

KERRIE SYDEE  |  WEDNESDAY, 17 AUG 2016
Investors should look to cash as global market uncertainty leads to a growing number of 'grey swan' events, according to IOOF portfolio manager, fixed interest and cash, Juanita Escobar Derived from Nassim Nicholas Taleb's black swan theory - an event ...

Sell everything (again?)

BENJAMIN ONG  |  MONDAY, 15 AUG 2016
... negative shock. All these people who are 'long' oil and mining companies thinking that the dividends are safe are going to discover that they're not at all safe." (RBS wasn't even factoring in Brexit at the time). But if you acted on RBS' recommendation ...

ANZ faces mis-selling allegations in court

ALEX BURKE  |  THURSDAY, 4 AUG 2016
The Administrative and Equal Opportunity Division of the Civil and Administrative Tribunal of New South Wales has allowed a case against ANZ and OnePath for mis-selling a life insurance product to proceed. Charles and Judith Cairns, New Zealand citizens ...

AFSL cancelled for Sydney firm

KERRIE SYDEE  |  MONDAY, 4 JUL 2016
ASIC has cancelled the Australian financial services licence (AFSL) of a Sydney based financial planning firm for failing to meet a number of key obligations. ASIC cancelled Etern Wisdom's AFSL on 6 June 2016 after ASIC discovered the firm had failed ...

Parting could be such sweet sorrow

BENJAMIN ONG  |  MONDAY, 20 JUN 2016
'Brexit', the worry du jour and the epic horror movie of our time that's coming soon, very soon to a theatre near us. With only four sleeps to go before the Brits vote to leave or remain in the European Union this coming Thursday (23 June), the UK remains ...

Aspen Group CEO, CFO and chair depart in restructure

ALEX BURKE  |  FRIDAY, 10 JUN 2016
The chief executive, chief financial officer and chair of listed property investment firm Aspen Group will leave the company following a planned management restructure. In an ASX statement, Aspen's board said that the group's strategy "can best be pursued ...