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Showing 451 - 460 of 882 results for "FOS"

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... CommInsure's medical experts deemed the condition failed to meet the definition. On 9 March 2016, the customer filed a complaint with FOS. FOS' investigation found the condition did meet updated definitions of a heart attack and seven months ...

Vanguard launches ESG funds

HARRISON WORLEY  |  THURSDAY, 30 AUG 2018
Vanguard is introducing an ethically conscious international equities fund alongside an ethically conscious global bond fund for investors looking to reflect their values through their investments. The Vanguard Ethically Conscious International Shares ...

CCIV draws mixed reception: Research

KARREN VERGARA  |  THURSDAY, 23 AUG 2018
Australia's Corporate Collective Investment Vehicle (CCIV) initiative received mixed responses from the global asset management community planning to ramp up cross-border strategies in the next five years, State Street research shows. Of the 250 ...

Global equities fund purges tobacco, fossil fuels

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
An international equities fund that holds about $300 million of Aussie insto money is purging itself clean of all investments in tobacco and fossil fuels. Vontobel is a Swiss asset manager with $167 billion in assets under management. About 11.4% of ...

BNP Paribas product lead joins RBC

JAMIE WILLIAMSON  |  TUESDAY, 14 AUG 2018
RBC Investment and Treasury Services recently strengthened its Asia Pacific product team, creating a raft of new roles and recruiting from BNP Paribas Securities Services, BT Financial Group and State Street. RBC has appointed former BNP Paribas Security ...

AFCA funding lacks transparency: AIST

KARREN VERGARA  |  THURSDAY, 26 JUL 2018
... the costs of transition for three agencies - the Credit and Investments Ombudsman (CIO), the Financial Ombudsman Service (FOS) and the Superannuation and Complaints Tribunal (SCT) - to form AFCA on November 1. The Government expects AFCA is to receive ...

Fossil fuelled Ireland to divest for climate change

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
The Republic of Ireland looks set to become the world's first country to divest from fossil fuels. On July 12 lawmakers in the nation's Dail Eireann - the lower house of parliament - passed a bill requiring the Irish government to sell off any interests ...

Church threatens to dump $21bn of fossil fuels

KANIKA SOOD  |  MONDAY, 16 JUL 2018
One of the UK's largest charity fund managers has voted to sell $21 billion worth of investments in fossil fuels if the companies don't align to climate change goals by 2023. The Church of England's parliament voted 347 to four in favour ...

VanEck ETF receives ethical tick

KARREN VERGARA  |  MONDAY, 2 JUL 2018
A VanEck ETF has been given one of the highest ethical ratings by the Responsible Investment Association Australasia (RIAA). VanEck's MSCI International Sustainable Equity ETF (ESGI) was certified 'ethical' by RIAA according to the strict ...

TAL to boost adviser underwriting knowledge

HARRISON WORLEY  |  MONDAY, 25 JUN 2018
A new underwriting education initiative from TAL will help advisers and clients better understand the underwriting process. TAL launched the education initiative to increase transparency in the underwriting process, and said the initiative would provide ...