Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 431 - 440 of 1328 results for "AFFECTED"

FSC, super sector steps up for bushfire affected

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
Major players in the wealth management industry are taking steps to help those affected by the ongoing bushfires, with the crisis also sparking debate over whether early access to superannuation savings should be made available. This week the Financial ...

FPA offers pro bono support to bushfire victims

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JAN 2020
... bit to support those in need. The firm took to social media to offer financial advice services at no charge to those affected by the bushfire emergency. "The impact to families around the country is long-lasting and overwhelming. Those affected will ...

Industry digs deep amid bushfire crisis

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... issue responses, with ANZ, Commonwealth Bank and National Australia Bank each pledging $1 million to support communities affected by bushfires. NAB's disaster relief fund will give customers and employees of the bank displaced from their homes access ...

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... failures and strengthening the bank as a result," he said. "We're teaching our people about what went wrong and how it affected our customers to ensure we don't make these mistakes again." Elliot also assured shareholders that ANZ was proactively reviewing ...

No joy in the advice world this Christmas

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... one of these conditions are red flags that the mental health of a financial adviser and small business owner might be affected," said Kristine Brooks, chief distribution officer, Zurich Life and Investments. "Any adviser impacted by all three at once ...

APRA slaps extra conditions on Avanteos

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
... impact of Avanteos' charges amount to more than $6 million, including interest. The firm has since remediated all affected accounts however, following an APRA investigation, the prudential regulator has imposed a range of additional conditions to ...

Non-compliant personal advice rife at super funds: ASIC

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
... risk of detriment, we will be following up with the advice provider and requiring that they review and remediate the affected member." More broadly, Press said proper oversight of advice fee deductions from super accounts for all advice - not just that ...

CommInsure cops $700k hawking fine

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... Commonwealth Bank spokesperson said. "We're aware of the seriousness of the conviction, and we apologise to all customers affected by this case." The bank added that it was focused on remediating customers affected customers, which it expects will ...

FICAP announces 2020 charity partner

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
... charity Raise. Founded in 1982, SHINE for Kids is a national charity working solely to support children and young people affected by the criminal justice system. FICAP's head of sponsorship, Scott Baker, also announced details for the 2020 Who wants ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... delivered by life risk products. "Unsurprisingly, the disruption to life insurance distribution models has noticeably affected revenue growth across the industry," she said. "Subdued growth rates reflect the impact of lower initial commissions due to ...