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Showing 251 - 260 of 517 results for "ABA"

NAB appoints independent customer advocate

KERRIE SYDEE  |  TUESDAY, 12 JUL 2016
... Catherine Wolthuizen will step into the newly created banking role as NAB commits to the Australian Bankers' Association (ABA) initiative to make banking more transparent for customers and to strengthen and the build independence of NAB's complaint process. ...

Agriculture ripe for institutional picking

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
In June next year the gross value of Australia's annual farm production is expected to pass $60 billion for the first time, a reflection of improved prospects in livestock and cropping industries. But a lack of consultant coverage means the opportunity ...

Potential budget super alterations welcome

DARREN SNYDER  |  MONDAY, 2 MAY 2016
On the eve of Treasurer Scott Morrison's first budget there is further support to rein in superannuation tax concessions for the wealthy, provided that proceeds fund better retirements for women and lower income earners. Industry Super Australia is ...

Dissatisfied customers 'unreasonable', 'acting improperly': CBA

KERRIE SYDEE  |  FRIDAY, 22 APR 2016
Commonwealth Bank chief executive Ian Narev has brushed aside calls for a royal commission, instead arguing that some customers were simply unreasonable. Addressing the topic of culture and improving culture within in the financial sector services during ...

Banks launch major consumer protection program today

ALEX BURKE  |  THURSDAY, 21 APR 2016
... about remuneration, the protection of whistleblowers, the handling of customer complaints and dealing with poor conduct," ABA chief executive Steven MA1/4nchenberg said. He added, "Trust is at the centre of banking and is critical for the stability of ...

PC releases Efficiency and Competition Review issues paper

ALEX DUNNIN  |  THURSDAY, 17 MAR 2016
The Productivity Commission has released an issues paper outlining how it will be approaching its latest efficiency and competition review of the superannuation system. The review was commissioned by Treasurer Scott Morrison earlier this year as part ...

US resistance to DOL fiduciary rule gathers pace

ALEX DUNNIN  |  WEDNESDAY, 2 MAR 2016
Momentum is building against the US Department of Labor's (DOL) proposed fiduciary rule for retirement advisers with House Speaker Paul Ryan now joining the critics. The DOL has been working on expanding the fiduciary obligation since the GFC when millions ...

IFM Investors sell Pacific Hydro to SPIC

DARREN SNYDER  |  FRIDAY, 18 DEC 2015
Global fund manager IFM Investors has sold Australian clean energy company Pacific Hydro to the Chinese-based State Power Investment Corporation (SPIC). IFM Investors was not surprised by the level of buyer interest in the business which runs 19 wind ...

Swiss franc surprise

BENJAMIN ONG  |  MONDAY, 30 NOV 2015
Francly my dear, it couldn't have come soon enough. No Virginia, that wasn't a typo for the Swiss franc is back in the news again. As Bloomberg reports, "The franc fell against all but one of its 16 major peers Friday." "The franc dropped 0.7 percent ...

Banks to follow NAB's life insurance exit

ALEX BURKE  |  FRIDAY, 13 NOV 2015
More Australian banks will follow NAB's exit from manufacturing life insurance, according to Rice Warner chief executive Michael Rice. Rice's comments follow Assistant Treasurer Kelly O'Dwyer's issuing of the Government's response to the Life Insurance ...