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Showing 401 - 410 of 844 results for "Resolution"

Push for chief executive pay ratio disclosure

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
The Australian Council of Superannuation Investors (ACSI) is calling for chief executive's pay to be measured against that of their company's average worker and for boards to be elected annually. ACSI is calling for a corporate governance framework ...

ASA to vote against AMP remuneration

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
... association also slammed AMP for failing to seek shareholder approval for the sale of its life insurance business to Resolution Life last year, which caused concern among shareholders together with enduring the financial services Royal Commission and ...

AFCA changes could impact PI cover cost: FPA

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
... increases in to the cost of PI cover. Under the proposed rule, AFCA's jurisdiction will be expanded, allowing the dispute resolution scheme to visit eligible conduct complaints dating back to 1 January 2008. The FPA said it supports the intent of the ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... outcomes. However, as of January this year there were 15 criminal and 66 civil financial services related matters with no resolution. ASIC appeared in the High Court to bring a case against APCHL, an entity of Prime Trust, which owed investors $550 million ...

ASIC approves AMP for MDAs

HARRISON WORLEY  |  TUESDAY, 9 APR 2019
... adequate records and had the necessary human, financial and technological resources, risk management and internal dispute resolution systems to offer MDAs. When questioned by Financial Standard, AMP Financial Planning did not specify its additional license ...

AMP announces board changes

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
AMP announced a new appointment to its board as the sale of AMP Life to Resolution Life is completed. Debra Hazelton will join the AMP board as non-executive director from June 15. Trevor Matthews will remain on the AMP Life board as an AMP nominee ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... ASIC and APRA outlined last week. Included in that additional funding is $2.3 million over three years to ASIC for the resolution of outstanding Superannuation Complaints Tribunal matters and $0.1 million to explore the viability creating a Superannuation ...

Frydenberg makes big promises for small business

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
... million to compensate consumers and small businesses affected by misconduct who have legacy unpaid external dispute resolution determinations.

Budget: RC response to cost over $600m

HARRISON WORLEY  |  TUESDAY, 2 APR 2019
... reveal the Government will commit $30.7 million to compensate consumers and business who remain unpaid over dispute resolution determinations made by legacy mechanisms such as the Financial Ombudsman Service. The Financial Services Reform Implementation ...

Regulators name laggard life insurance providers

KARREN VERGARA  |  MONDAY, 1 APR 2019
While the majority of life insurance claims are paid in the first instance (92%), the wait and resolution times vary significantly across providers, a joint study by the regulators found. AMP (eight months) and Westpac (three months) take the longest ...