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Showing 551 - 560 of 2686 results for "Fair"

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
Assistant treasurer and minister for financial services Stephen Jones has told the Association of Financial Advisers' THRIVE Conference that now is the time for change in the advice sector. Appearing via video link on the opening day of the conference ...

Brighter Super makes changes to insurance offering

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
... fund, we work hard to ensure that our members are sufficiently protected and that the premiums charged are competitive and fair. We do not make any profit or receive any commission from the insurance provided to our members." For members with fixed cover ...

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
Five AMP companies will pay $14.5 million for charging close to 1500 superannuation members fees for no service over the course of about three years. The Federal Court handed the fine to AMP Superannuation, AMP Financial Planning, Charter Financial ...

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... regarding digital assets, rather than the assets themselves. Exchanges who want our industry to thrive will also agree with the fair, orderly and transparent operational requirements. We will require further detail however, as it is not yet clear on ...

Mawhinney ban overturned, to face retrial

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
Mayfair 101 managing director James Mawhinney has had his 20-year ban overturned and will return to the Federal Court to have his case reheard. The Full Bench of the Federal Court said ASIC's case against Mawhinney lacked procedural fairness as ...

Actuary of the Year named

JAMIE WILLIAMSON  |  THURSDAY, 15 SEP 2022
The Actuaries Institute has named Chris Dolman as the Actuary of the Year for 2022. Dolman is executive manager, data and algorithmic ethics at IAG and is also a research affiliate at ANU's Humanising Machine Intelligence group and contributes to the ...

ASIC concerns see 18 funds update advertising materials

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022
... on marketing materials that don't accurately represent fund performance. Product providers must be sure not to stray into 'fair weather' marketing, she said. "ASIC's surveillance into marketing of fund performance and risk is ongoing. Where we find poor ...

BFID no hindrance to helping vulnerable members: Panel

CHLOE WALKER  |  WEDNESDAY, 7 SEP 2022
... to look at the best financial interests of your members, vulnerable members and non-vulnerable members too. "Equitable and fair doesn't mean that they have to be the same, so you can treat members differently." Press said that this is a message ASIC ...

Kate Farrar's top tips when merging

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
... Farrar believes it's important to take people from both sides; "You give hope to those who are underneath that this is a fair merger, people will be well represented and have a chance of having a future within the organisation." Farrar also spoke ...

Insurers are 'fishing' for non-disclosures: ASIC

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
An ASIC review of individual disability income insurance claims has determined that more work is needed by insurers to ensure customers are protected from unfair practices. ASIC has longstanding concerns about the potential consumer harm resulting from ...