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Showing 451 - 460 of 886 results for "FOS"

New super fund to secure female financial security

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
A new superannuation offering launched this week. Its investments exclude companies that don't commit to adding women to their boards; and it refuses to charge administration fees to members on parental leave. Verve Super is aiming to tackle an ...

Labor franking credit changes fair but not the best: Grattan

KANIKA SOOD  |  MONDAY, 26 NOV 2018
Grattan Institute has called Labor's plan to end refunds of excess franking credits a "fair way" to improve the Federal Budget but it is still "second-best" as there are better solutions. Grattan's budget policy director Danielle Wood and fellow ...

One-stop complaints shop opens

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... have significantly higher monetary limits and compensation caps than were available under the Financial Ombudsman Service (FOS) and Credit and Investments Ombudsman (CIO)." It will be able to hear consumer complaints where the value of the dispute is ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... Colonial Mutual Life Assurance (CMLA) executive general manager Helen Troup accepted CBA misled the Financial Ombudsman Service (FOS) in the case of one claimant who suffered from a heart attack. It also made inappropriate challenges to its jurisdiction ...

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 ...