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Showing 381 - 390 of 844 results for "Resolution"

AFCA looks to expand senior ranks

KRISTI CHENG  |  FRIDAY, 26 JUL 2019
... expansion of its jurisdiction. Established in November 2018, the authority replaced three pre-existing external dispute resolution schemes: the Financial Ombudsman Service, the Credit and Investments Ombudsman, and the Superannuation Complaints Tribunal. ...

Suncorp responds to shareholder resolution

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
... activist group Market Forces on behalf of 100 Suncorp shareholders. Suncorp said in a statement it will address the resolution at its annual general meeting on 26 September 2019. The shareholders are requesting Suncorp disclose short, medium and long ...

Suncorp pressured on coal

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUL 2019
Suncorp was hit with a shareholder resolution today demanding it reduce its investment and underwriting exposures to coal, oil and gas. Market Forces lodged the resolution on behalf of 100 Suncorp shareholders. Suncorp confirmed it has received the ...

Keybridge shareholder threatens board spill

KANIKA SOOD  |  TUESDAY, 23 JUL 2019
A shareholder of Keybridge Capital says its board is "effectively deadlocked" on key decisions, and is asking all directors to voluntarily resign and put themselves up for re-election by shareholders. Bentley Capital owns about 20% of Keybridge Capital ...

JP Morgan-linked ship in US $1bn drug bust

KANIKA SOOD  |  MONDAY, 15 JUL 2019
... million surety bond from the owner and operator of the vessel in exchange of its temporary release pending a final resolution in the case. Financial Standard reached out to JP Morgan Asset Management for comment.

AFCA delivers $83 million win

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... licence by being a member of AFCA." "ASIC's intervention means that consumers now have access to the independent dispute resolution scheme of AFCA if their complaints are not being properly considered by the financial services licensee or credit lice ...

AMP Life sale blocked

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2019
AMP has confirmed the sale of its life insurance business to Resolution Life is highly unlikely to go ahead. The institution said the sale of AMP Life is highly unlikely to proceed on the current terms do to challenges in meeting the condition precedent ...

Sydney advice firm loses AFSL

KANIKA SOOD  |  FRIDAY, 5 JUL 2019
... financial position," ASIC said. AWSM is required to maintain their professional indemnity insurance and their dispute resolution system until 31 December 2019 despite the cancellation. It may apply to the Administrative Appeals Tribunal for a review ...

AMP Life appoints temporary investment chief

KANIKA SOOD  |  MONDAY, 1 JUL 2019
... of business separation," AMP Life said. AMP is currently in the process of offloading its life business to UK-based Resolution Life in a $3.3 billion sale that is expected to complete in the second half of this year and is subject to regulatory approvals. ...

ASIC approves AFCA rules change

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
... the number of years that have passed since the issue occurred." AFCA will still refer complaints back to firms for resolution, Locke said. "It is our expectation that firms will proactively resolve these legacy matters themselves where possible, as part ...