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Showing 501 - 510 of 854 results for "Code"

Life insurer surpasses code of conduct

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
TAL is going above and beyond the minimum requirements of the life insurance code of conduct and calling others in the industry to follow suit. The life insurer is applying the code's minimum medical definitions for cancer, heart attack and stroke in ...

Fatigue and profit-based incentives driving risk culture

JAMIE WILLIAMSON  |  THURSDAY, 10 AUG 2017
... financial services. Incentives need to be balanced and individuals also need demonstrated competency, a clear and enforced code of conduct and an ethical culture," FINSIA chief executive Chris Whitehead said.

New Zealand advice industry to be overhauled

JAMIE WILLIAMSON  |  WEDNESDAY, 9 AUG 2017
... constitute 'agreement'," DLA Piper said. In addition, all providers of financial advice will be expected to adhere to a new code of conduct that outlines minimum standards of competence, knowledge, skill, ethical behaviour, and client care. Under existing ...

Effective data management key to engagement: ISWG

EMMA RAPAPORT  |  FRIDAY, 28 JUL 2017
... decisions about insurance, and also help funds to better determine appropriate insurance arrangements for members. An enforceable Code of Practice and Good Practice Guidance for trustees will be published by the ISWG later this year, with further documents ...

Royal Commission unnecessary: FSC

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
... and is not necessary, she said. Loane added the industry has much to be proud of and the introduction of a life insurance code that significantly lifts accountability standards, service and protection for consumers is one testament to this. Officially ...

Financial services not immune to public inquiry

KARREN VERGARA  |  TUESDAY, 25 JUL 2017
While the financial services industry has taken commendable steps in restoring consumers' trust and confidence, it is still not immune to the threat of a public inquiry like the banking sector is currently facing. The industry and its individual organisations ...

Macquarie unveils adviser payment service

KARREN VERGARA  |  TUESDAY, 18 JUL 2017
... visibility of the transaction and will need to authorise payments via a two-step verification process. Clients receive a secure code via SMS, which is then verbally provided to the adviser who enters it as an authorisation code to complete the payment. ...

Insurers held to account with new FSC code

ALEX BURKE  |  MONDAY, 3 JUL 2017
The Financial Services Council rolled out its Life Insurance Code of Practice, along with a new set of standardised medical definitions, on July 1. The new definitions for cancer, heart attack and stroke in trauma and critical illness policies were ...

SMSF auditor busted self-auditing

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2017
... breached fundamental independence and audit requirements. Wilson was found to have breached requirements of the APES 110 Code of Ethics for Professional Accountants by auditing a fund of which he was a member. He was also found to have breached audit ...

VanEck launches floating rate ETF

ALEX BURKE  |  TUESDAY, 20 JUN 2017
... launching a new floating rate exchange-traded fund on the ASX. The VanEck Vectors Australian Floating Rate ETF, trading under the code FLOT, is based on a portfolio of Australian floating rate notes (FRNs), or short-term bonds with variable coupons tied ...