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Showing 11 - 20 of 56 results for "Public Trust"

Reserve Bank explores digital currency potential

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... environment. "A CBDC could potentially support a number of the Bank's policy objectives, including safeguarding public trust in money and promoting efficiency, safety, resilience and innovation in payment systems and financial market infrastructures," ...

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... media. "A single serious accusation of misconduct can cause immense damage to an organisation's reputation, eroding public trust, deterring customers and investors, or attracting financial penalties such as fines," Smith said. "That in itself is a prudential ...

Financial services least trusted industry: Edelman

ELIZABETH MCARTHUR  |  TUESDAY, 23 FEB 2021
... world - losing even more trust during the pandemic. Global public relations giant Edelman has been assessing the public trust in various sectors since 2012, using surveys and assigning percentage points based on trustworthiness. Since 2012, financial ...

Statewide appoints new chief technology officer

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
Statewide Super has hired a new chief technology officer who previously headed up technology and security at Sunsuper. David Cook will step into the role at the $10 billion industry fund. He spent a total of seven years at Sunsuper, six of those as ...

Life insurers breach own code consistently

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... many insurers have treated their own code as a paper tiger and this casts doubt on the industry's ability to rebuild public trust," Maurice Blackburn principal Josh Mennen said. "I applaud the LCCC for taking these breaches seriously and for using them ...

Queensland adviser barred from industry

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
... their clients or to prioritise their clients' interests over their own, not only harms their clients but also erodes public trust in the financial system," she said. "ASIC expects financial advisers to uphold the values of integrity and professionalism." ...

Status quo not option for remuneration: APRA

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... all Royal Commission recommendations to be fully implemented in business practices, and possibly longer to restore public trust. She was cautious not to dismiss the progress that has been made in the post-Hayne year, saying APRA has seen evidence that ...

ACSI, AFIC respond to Westpac scandal

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... Davidson said. "We believe that this crisis warrants further board renewal in the New Year to support rebuilding public trust." Speaking to Financial Standard last week, before Hartzer stepped down, Australian Foundation Investment Company managing director ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... "Leaders in this industry must continue their efforts to reshape its customer proposition to simultaneously rebuild public trust and put the industry on a more sustainable financial footing," she said. The firm said that consistent with declining profitability ...

FASEA clears up code of ethics

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... effort is worth making - not least in the area of professional ethics. The reward for doing so will be an increase in public trust and confidence in this evolving profession," FASEA said. The 12 standards are accompanied by case studies demonstrating ...