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Showing 251 - 260 of 2468 results for "Claims"

Regulators to clamp down harder on greenwashing

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
... digital technology, according to a KPMG report. The report said that stopping companies from making false or misleading claims about the sustainability of their products, whether intentional or not, remains a top priority. Some are creating new policies ...

Inflation debate: Albo says rebates will keep inflation down

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
Prime Minister Anthony Albanese has hit back at claims the official inflation figures released this week were only lower due to government rebates, despite what the Australian Bureau of Statistics (ABS) data found. Doing the media rounds this morning ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
... penalty ever imposed by the Federal Court for such conduct. In March, the Federal Court found Vanguard misled investors via claims it made about ESG screens applied to its $1.1 billion Ethically Conscious Global Aggregate Bond Index Fund between August ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... Court also pointed out that APRA had reviewed these practices and raised no objections until 2018. It dismissed ASIC's claims and ordered it to pay 80% of Rest's legal costs. ASIC has 28 days to appeal the judgment but hasn't indicated that ...

AFCA consults on superannuation life insurance disputes

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
... approach to sections 29(6) and 29(7) of the Insurance Contracts Act 1984, and the amended approach to delayed insurance claims in superannuation. "The draft Approaches have been developed to provide greater clarity around what to expect from AFCA processes ...

E&P free of legacy issues, FUA jumps 26%

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
... their ultimate civil penalty action, as well as postponing the end date of its AFCA membership to accept hundreds of extra claims in the final months. "In our analysis, we have just scratched the surface. There is so much more that needs to be unearthed ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... action to remove these board members despite allegations of "thuggery, organised crime, and corruption." This includes claims that CFMEU NSW state secretary Darren Greenfield boasted to corrupt building firms that he could secure them lucrative contracts ...

State Street partners with Taurus to expand digital asset services

MATTHEW WAI  |  WEDNESDAY, 21 AUG 2024
... approval. The announcement comes at a time when institutional interest in digital assets is at an "all-time high", State Street claims, which is also shown through a recent survey on institutional investors' sentiment towards cryptocurrencies.

Cost of 'comfortable retirement' increases again: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... and 14% over the past year, driven largely by higher reinsurance costs, the impact of natural disasters, and increased claims. Private health insurance premiums increased by an average of 3.03% from the start of April, marking the largest rise since ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... announced it was liquidating Libertas last year in which the latter grappled with a string of bad financial advice-related claims dating back several years. One example of misconduct involved ASIC's permanent banning of Ezzat Daniel Nesseim for doctoring ...