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|Showing 11 - 20 of 30 results for "Hawking"|
|CommInsure has been fined $700,000 after pleading guilty to hawking offences. The Colonial Mutual Life Assurance Society - a Commonwealth Bank subsidiary trading as CommInsure - has been convicted of 87 counts of offering to sell insurance products ...|
|CommInsure has pleaded guilty to 87 hawking offences. ASIC announced that Colonial Mutual Life Assurance Society, trading as CommInsure, has entered a guilty plea for 87 counts of offering to sell insurance products in the course of unlawful, unsolicited ...|
|... customer database. ASIC believes the calls to CBA's customers were therefore unsolicited, and thus a contravention of the hawking exceptions in section 992A(3) of the Corporations Act on the part of CommInsure. Each charges carries a maximum penalty ...|
|... proposed conduct accountability regime, single default account, advice fee deductions from superannuation accounts and anti-hawking prohibitions.|
|... as well as the "worst practices" among banks and other for-profit entities. This includes the recommendation to ban the hawking of super products, such as the upselling of super along with the sale of bank products, she said. Industry Super Australia ...|
|... or distributors. Consultation is open until August 29. ASIC also intends to review guidance in Regulatory Guide 38 The hawking provisions later this year. This week's spot poll asks if you support the increases to the Superannuation Guarantee.|
|Standard Life Assurance has been slapped with a £30.8 million ($54.9m) fine by the UK regulator for hawking non-advised annuities. The Financial Conduct Authority found SLA offered its call centre staff "significant bonuses and rewards" if they exceeded ...|
|... whilst the Financial Services Royal Commission, and the Government's response, dealt with the most egregious risks of hawking of complex financial products, consumer confusion about what is personal and general advice needs to be addressed." The report ...|
|... said. The Government has said it will look to ban the payments from 1 January 2021. The party will also look to end the hawking of life insurance products and to ensure there are consequences when big banks breach industry codes, as well as ban life ...|
|... maximum of 10% plus CPI increases, Clearview said. Commissioner Kenneth Hayne said in his final recommendations that the hawking of insurance products should be prohibited. He observed that the "watered-down anti-hawking requirement has seen unsolicited ...|
AMP today announces the appointment of Felicia Trewin as its new chief technology officer and member of the group executive committee.
State Street Global Advisors will roll out enhancements to four of its SPDR ETFs and, in the process, give Australian investors access to an ESG-focused global real estate ETF and reduced carbon emissions emerging markets ETF for the first time.
New Morningstar research recommends retirees should drop the 4% withdrawal rate to 3.3% for a balanced portfolio.
The former chief claims officer at Zurich Financial Services has moved to ClearView Wealth in a newly created role.
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